Rye Suburb Profile
Victoria 3941

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Rye has 10,020 properties. Over the last 5 years, Houses in Rye have seen a 46.19% increase in median value, while Units have seen a 40.55% increase. As at 30 November 2024:

  • The median value for Houses in Rye is $1,033,885 while the median value for Units is $697,628.
  • Houses have a median rent of $595 while Units have a median rent of $480.
There are currently 83 properties listed for sale, and 12 properties listed for rent in Rye on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Rye.

The size of Rye is approximately 17.7 square kilometres. It has 16 parks covering nearly 14.3% of total area. The population of Rye in 2011 was 8,159 people. By 2016 the population was 8,423 showing a population growth of 3.2% in the area during that time. The predominant age group in Rye is 60-69 years. Households in Rye are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Rye work in a trades occupation. In 2011, 72.7% of the homes in Rye were owner-occupied compared with 71.6% in 2016.

Suburb Insights for RYE 3941

Market Insights
Rye Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 8,423

0-9

 

12%

10-19

 

9%

20-29

 

8%

30-39

 

10%

40-49

 

14%

50-59

 

13%

60-69

 

16%

70-79

 

12%

80-89

 

6%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 19/12/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.