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Investment Property Rye, VIC, 3941

Suburb Snapshot

Rye is a suburb in the Mornington Peninsula Region of Victoria. Rye has a population of 8,414 people and 9.54% of its occupants live in rental accommodation. The median listing price for houses is $1,050,000 and this has changed -5.07% over the past year and changed -8.70% over 2 years.

The median rent in Rye for houses is $595 per week and the median rental yield is 2.94%. Stock on the market for houses/townhouses has changed -10.18% compared to last year and the average time to sell a house/townhouse is 104 days.The median listing price for units is $522,500 and this has changed -11.45% over the past year. The average unit takes 163 days to sell and the median rent for a unit in Rye is $450 per week, producing a rental yield of 4.47%.

Supply & Demand in Rye, Mornington Peninsula

0.91%

Current vacancy rate


79

Rental stock available


8,414

Population


9.54%

Rental population


0.56%

Current vacancy rate


541

Rental stock available


154,997

Population


14.32%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Rye, Mornington Peninsula

  House Townhouses Units
Median listing price $1,050,000 NA $522,500
Median price change - last quarter -4.55% NA -0.46%
Median price change - 1 year -5.07% NA -11.45%
Median price change - 2 years -8.70% NA NA
  House Townhouses Units
Median weekly rent $595 NA $450
Median yield % 2.94% NA 4.47%
Median rent change - 1 year 3.47% NA 4.65%
  House Units
Previous month sales 23 0
Stock on market previous month 150 8
Stock variance vs. last year -10.18% 60.00%
Average days on market 104 163

Rye investment property listings

Showing 2 of 2 investment properties found in Rye on realestateinvestar.com.au

28 Hibiscus Grove, RYE

$1,475,000

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House

VIC 3941


2465 Point Nepean Rd, RYE

$1,895,000

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5

House

VIC 3941


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