Market snapshot
Suburb insights for Rye3941
Change suburbRye, approximately 95 km south of Melbourne's CBD, is a bustling holiday town with beautiful bay beaches, an active shopping strip, and access to the Peninsula Hot Springs. Popular with families, retirees, and short-stay visitors, it offers a vibrant mix of tourism and residential appeal.
Sales data
Median sale price
$1mil
Quarterly price change
6.5%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Rye | Metro comparison |
|---|---|---|
| 2 | $782,500 | $950,000 |
| 3 | $880,000 | $863,000 |
| 4 | $1,150,000 | $980,500 |
| Insight | Rye | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 49 | 37 |
Rental data
Median weekly rent
$610
Rental yield
3.3%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Rye | Metro comparison |
|---|---|---|
| 2 | $545 | $595 |
| 3 | $570 | $550 |
| 4 | $750 | $595 |
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