85 Preston Street, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

85 Preston Street
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 92m2
Land area: 697m2
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Last updated 23 Feb 2026
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Property Details for 85 Preston St, Rye

85 Preston St, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 697m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in October 2010.

Building Type
House
Floor Size
92m2
Land Size
697m2
Local Government
Mornington Peninsula
Lot/Plan
1662/LP41473

Last Listing description (October 2020)

Due to the high level of interest in this property we will not be accepting any further applications or enquiry until we have processed and attended already received applications. Further private inspections may be organised for next week.
YPA Rental Department is proud to offer you this 3 bedroom home:
The home features a kitchen with Caesar Stone bench tops, SS appliances and glass splashbacks. Glass double doors lead from the open plan living area onto the front entertainment deck. All 3 bedrooms have BIRs and the bathroom makes a statement with its natural rock sink and feature tiling.

There is plenty of room for parking, with a tandem carport and circular driveway at the front of the property.
Further features include reverse cycle heating/cooling, electric cooking appliances, garden shed and sprinkler system. Water supply to the property is by bore, town and tank.
12 Month Lease

Property History for 85 Preston St, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$392,500
18 Oct 2010
Listed for Rent
$400/w
07 Oct 2020
  • 23 Sep 2020
    Listed for Rent $400 / week
  • 02 May 2012
    Listed for Rent $375 / week
  • 23 Nov 2011
    Listed for Sale $450,000 - $495,000
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About Rye 3941

The size of Rye is approximately 17.7 square kilometres. It has 16 parks covering nearly 14.3% of total area. The population of Rye in 2016 was 8416 people. By 2021 the population was 9438 showing a population growth of 12.1% in the area during that time. The predominant age group in Rye is 60-69 years. Households in Rye are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rye work in a trades occupation.In 2021, 75.40% of the homes in Rye were owner-occupied compared with 71.60% in 2016.

Rye has 10,054 properties. Over the last 5 years, Houses in Rye have seen a 13.34% increase in median value, while Units have seen a 29.10% increase. As at 31 January 2026:

  • The median value for Houses in Rye is $1,028,941 while the median value for Units is $628,019.
  • Houses have a median rent of $600 while Units have a median rent of $493.
There are currently 68 properties listed for sale, and 4 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 351 properties were sold in the past 12 months in Rye.

Suburb Insights for Rye 3941

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.