87 Grandview Avenue, Rye, VIC 3941 | Property Value & History | OnTheHouse
OFF MARKET

87 Grandview Avenue
Rye VIC 3941

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 746m2
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Property Details for 87 Grandview Ave, Rye

87 Grandview Ave, Rye is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 746m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1960
Land Size
746m2
Local Government
Mornington Peninsula
Lot/Plan
378/LP52633

Last Listing description (January 2023)

Recently completed, this build comprises of two constructions on one title; a two bedroom rebuilt and renovated home at the front of the allotment and a large studio with purpose built boat storage with floor drainage.
Ideal for home office, micro business, gym, art gallery, personal training studio, holiday rental management laundry business or any other small home based business (STCA) that would require separation from the main living areas at the rear of the allotment of 747m2 approx.

The dwelling comprises:

Private garden entry from wide gravelled drive to an undercover deck shaded by a large alder and framed in olives. The coastal ambiance is very evident with horizontal shiplap lining boards throughout, soaring raked ceilings 3-3.6m giving light and space, a gas log fireplace for ambiance and pale timber flooring, a kitchen with stainless steel appliances, 2PAC cabinetry, composite stone benches and subway tiling. The main bedroom again offers soaring 3-3.6m ceilings, a window box seat and robes with the second bedroom at the rear adjacent to a very chic bathroom with claw leg bathtub with sep wc and Euro laundry.

The rear building is fabulous and such a find. Firstly, it has a 3.6m roller door boat garage which really could be used for many purposes due to its height, mezzanine floor, sep wc and direct internal access and cement slab floor with drainage.

The internal floorplan is three rooms all with 3-3.6 raked ceilings with northerly aspect so extensive natural light and can be purposed for as many uses as your needs may require (STCA). Each room is separated by tall barn doors creating an enormous amount of charm and essentially is a shell inside.
The walls are lined with shiplap and the lighting and power is in operation. There is a plan of other services which have been installed but not yet connected, so can be modelled to your needs.

There is extensive parking on site as well and a variety of established trees and new landscaping.

The position is brilliant; right at the end of Grandview Ave in a quiet cul-de-sac and a neighbourly feel.
Just minutes to Rye shopping, two thermal spring resorts, Bay beaches, Sorrento Ferry, six world class golf courses within a 30 minute drive, Ocean beaches, stunning coastal walks and all the delights of Main Ridge and Red Hill with easy access to the Freeway to Melbourne.

Property History for 87 Grandview Ave, Rye, VIC 3941

A timeline of how this property has performed in the market
Last Sold
$1,015,000
10 Jan 2023
  • 10 Jan 2023
    Sold for $1,015,000
  • 08 Nov 2022
    Listed for Sale $980,000 to $1,050,000
  • 15 Feb 2021
    Sold for $600,000
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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 10,057 properties. Over the last 5 years, Houses in Rye have seen a 4.03% increase in median value, while Units have seen a 13.43% increase. As at 31 March 2026:

  • The median value for Houses in Rye is $1,014,366 while the median value for Units is $622,295.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 73 properties listed for sale, and 6 properties listed for rent in Rye on OnTheHouse. According to Cotality's data, 342 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.