Rye, VIC 3941

Rye, VIC 3941

Compare Part of Mornington Peninsula

63.11 km
Distance from CBD
12 k
Population

Auction Times

Sat 23 Jan
Auction Time Agency
2677-2679 Point Nepean Road
3 2 5 House
2:30 PM
Sat 23rd Jan
Fletchers
Median Sale Price
House
$792K
Updated on Dec 2020
2 BR
$650K
3 BR
$720K
4 BR
$995K
Unit
$625K
Updated on Dec 2020
1 BR
-
2 BR
$456K
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% $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
$569,000
+9.3% $205,000 $1,950,000 378
2017
$670,000
+15.1% $120,000 $2,400,000 359
2018
$732,000
+8.5% $265,000 $1,825,000 296
2019
$685,000
-6.9% $140,000 $2,575,000 332
2020
$782,000
+12.4% $130,000 $2,425,000 332
2021
$750,000
-4.3% $655,000 $1,167,500 9
Median Sale Price
$782K
Based on 326 recorded sales within the last 12 months
Updated on 21 Jan 2021
Suburb Growth
+11.8%
Current Median Price: $782,000
Previous Median Price: $690,000
Based on 658 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$410
Updated on Dec 2020
2 BR
$350
3 BR
$390
4 BR
$480
Unit
$340
Updated on Dec 2020
1 BR
-
2 BR
$338
3 BR
$425
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
$325
+1.5% $160 $1,800 265
2015
$340
+4.4% $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 $1,200 248
2019
$410
+3.7% $220 $865 259
2020
$440
+6.8% $290 $1,700 182
2021
-
- - - -
Median Rent Price
$430
per week
Based on 170 recorded rent within the last 12 months
Updated on 21 Jan 2021
Rent Price Growth
+4.7%
Current Median Rent: $430
Previous Median Rent: $410
Based on 432 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $782,000
Current Median rent: $430
Based on 496 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)

Auction Results For Rye

Houses sold in Last 12 months ends 16 Jan 2021

$879K

Median Sale Price

95%

Clearance Rate

95/100

Sold/Reported

$2.25M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 3
$1.6 M - $1.8 M 3
$1.4 M - $1.6 M 3
$1.2 M - $1.4 M 7
$1 M - $1.2 M 13
$800 K - $1 M
(Median Price Range)
26
$600 K - $800 K 29
$400 K - $600 K 6
less than $400 K 1

Schools closest to Rye, VIC 3941

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