Rye, VIC 3941

Rye, VIC 3941

Compare Part of Mornington Peninsula

63.11 km
Distance from CBD
12 k
Population

Auction Times

Sat 3 Dec
Auction Time Agency
39 Kanburra Street
3 1 1 House
11:30 AM
Sat 3rd Dec
Ray White
Sat 10 Dec
Auction Time Agency
56 Fern Grove
4 2 1 House
3:00 PM
Sat 10th Dec
Jellis Craig Bennison Mackinnon
Median Sale Price
House
-
Updated on Sep 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2022
1 BR
-
2 BR
-
3 BR
-
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% $170,000 $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
$570,000
+9.5% $205,000 $1,950,000 378
2017
$670,000
+14.9% $120,000 $2,400,000 359
2018
$731,000
+8.3% $265,000 $1,825,000 296
2019
$715,000
-2.2% $140,000 $2,575,000 338
2020
$820,000
+12.8% $130,000 $2,850,000 338
2021
$1,119,000
+26.7% $375,000 $4,300,000 404
2022
$1,200,000
+6.8% $675,000 $5,850,000 269
Median Sale Price
$1.2M
Based on 298 recorded sales within the last 12 months
Updated on 27 Nov 2022
Suburb Growth
+9.1%
Current Median Price: $1,200,000
Previous Median Price: $1,091,000
Based on 726 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2022)
Price Range Segments (12 months ending Oct 2022)
Median Weekly Rent Price
House
$535
Updated on Sep 2022
2 BR
$425
3 BR
$500
4 BR
$650
Unit
$448
Updated on Sep 2022
1 BR
$360
2 BR
$420
3 BR
$600
4 BR
$895
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
$330
+3.0% $160 $1,800 265
2015
$340
+2.9% $220 $3,500 278
2016
$350
+2.9% $60 $1,863 257
2017
$370
+5.4% $250 $2,080 217
2018
$395
+6.3% $280 $1,200 250
2019
$420
+6.0% $220 $865 260
2020
$450
+6.7% $290 $1,700 192
2021
$550
+18.2% $310 $900 106
2022
$550
0.0% $353 $1,100 150
Median Rent Price
$550
per week
Based on 158 recorded rent within the last 12 months
Updated on 27 Nov 2022
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 261 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,200,000
Current Median rent: $550
Based on 456 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2022)

Auction Results For Rye

Houses sold in Last 12 months ends 26 Nov 2022

$1.18M

Median Sale Price

96%

Clearance Rate

200/209

Sold/Reported

$2.6M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 9
$1.8 M - $2 M 7
$1.6 M - $1.8 M 9
$1.4 M - $1.6 M 15
$1.2 M - $1.4 M 52
$1 M - $1.2 M
(Median Price Range)
47
$800 K - $1 M 44
$600 K - $800 K 7

Schools closest to Rye, VIC 3941

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