Rye, VIC 3941

Rye, VIC 3941

Compare Part of Mornington Peninsula

63.11 km
Distance from CBD
12 k
Population

Auction Times

Sat 29 Feb
Auction Time Agency
56 Anelida Street
4 2 2 House
11:30 AM
Sat 29th Feb
Home Au Real Estate Melbourne
2/37 Government Road
3 1 1 Unit
12:00 PM
Sat 29th Feb
Ray White
6 Napier Street
2 1 8 House
2:00 PM
Sat 29th Feb
The Agency
33 Locksley Road
5 3 2 House
2:00 PM
Sat 29th Feb
Ray White
Sat 7 Mar
Auction Time Agency
13 Neville Drive
4 1 1 House
11:00 AM
Sat 7th Mar
YPA Estate Agents
19 Sinclair Avenue
3 2 3 House
12:30 PM
Sat 7th Mar
Barry Plant
2-4 Weatherly Court
0 0 0 Residential land
2:30 PM
Sat 7th Mar
Fletchers
Median Sale Price
House
$695K
Updated on Jan 2020
2 BR
$580K
3 BR
$650K
4 BR
$898K
Unit
$480K
Updated on Jan 2020
1 BR
-
2 BR
$435K
3 BR
$635K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$410,000
0.0% $145,000 $2,000,000 355
2010
$465,000
+11.8% $75,000 $2,000,000 421
2011
$450,000
-3.3% $195,000 $4,000,000 328
2012
$425,000
-5.9% $262,000 $1,925,000 379
2013
$442,500
+4.0% $67,500 $1,680,000 381
2014
$480,000
+7.8% $81,000 $2,125,000 449
2015
$516,000
+7.0% $54,500 $1,840,000 423
2016
$569,000
+9.3% $205,000 $1,950,000 378
2017
$670,000
+15.1% $120,000 $2,400,000 359
2018
$735,000
+8.8% $265,000 $1,825,000 296
2019
$685,000
-7.3% $140,000 $2,575,000 332
2020
$690,000
+0.7% $130,000 $1,375,000 49
Median Sale Price
$685K
Based on 324 recorded sales within the last 12 months
Updated on 26 Feb 2020
Suburb Growth
-5.8%
Current Median Price: $685,000
Previous Median Price: $725,000
Based on 622 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$400
Updated on Jan 2020
2 BR
$340
3 BR
$390
4 BR
$450
Unit
$320
Updated on Jan 2020
1 BR
$250
2 BR
$310
3 BR
$420
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$300
0.0% $160 $550 192
2012
$300
0.0% $200 $2,300 218
2013
$320
+6.3% $220 $2,400 301
2014
$320
0.0% $160 $1,800 265
2015
$340
+5.9% $220 $3,500 278
2016
$350
+2.9% $60 $1,863 257
2017
$370
+5.4% $250 $2,080 217
2018
$390
+5.1% $280 $1,200 245
2019
$410
+4.9% $220 $865 258
2020
$450
+8.9% $340 $540 15
Median Rent Price
$400
per week
Based on 234 recorded rent within the last 12 months
Updated on 26 Feb 2020
Rent Price Growth
+1.3%
Current Median Rent: $400
Previous Median Rent: $395
Based on 474 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $685,000
Current Median rent: $400
Based on 558 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For Rye

Houses sold in Last 12 months ends 22 Feb 2020

$640K

Median Sale Price

90%

Clearance Rate

115/129

Sold/Reported

$1.4M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.4 M - $1.6 M 1
$1.2 M - $1.4 M 2
$1 M - $1.2 M 5
$800 K - $1 M 11
$600 K - $800 K
(Median Price Range)
31
$400 K - $600 K 33

Schools closest to Rye, VIC 3941

School name Address Type Sector Distance
Rye Primary School LYONS STRye 3941 Primary Government 0.33 km