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Rye (VIC 3941): property prices & suburb profile
Mornington Peninsula LGA · Latest published data October 2025 · Page updated August 2026 · Public government records
Rye · VIC 3941 · typical house price · 12 months to 2025-Q4
$938,000+119.6%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (318 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$938,000
318 sales over 4 quarters
Median unit price
$715,000
published for 2024
Sales in the last year
318
houses
SEIFA advantage decile
6 of 10
Rye
Schools in the suburb
1
ACARA registered
Rye property prices
The typical Rye house sold for around $938,000 in the year to 2025-Q4, +119.6% over 10 years and +46.4% over 5 years.
1Y
3Y
5Y
10Y
Houses
-4.9%
-8.2%
+46.4%
+119.6%
Units
+4.2%
-24.7%
+49.0%
+68.2%
Change in medians published by the Victorian Valuer-General · rolling year for recent horizons where each series allows, yearly medians further back
View as table
| Period | Houses (yearly + recent quarters) | Units (yearly + recent quarters) |
|---|---|---|
| 2013 | $425,500 | $320,000 |
| 2014 | $460,000 | $425,000 |
| 2015 | $488,000 | $370,000 |
| 2016 | $550,000 | $410,000 |
| 2017 | $659,000 | $480,000 |
| 2018 | $705,000 | $550,000 |
| 2019 | $690,000 | $480,000 |
| 2020 | $793,500 | $635,000 |
| 2021 | $1,100,000 | $950,000 |
| 2022 | $1,195,000 | $697,500 |
| 2023 | $1,100,000 | $686,500 |
| 2024 | $1,010,000 | $715,000 |
| Apr 2024 | $1,082,500 | $745,000 |
| July 2024 | $1,000,000 | $637,500 |
| Oct 2024 | $860,000 | |
| 2025 | $920,000 | |
| Apr 2025 | $960,000 | |
| July 2025 | $921,300 | |
| Oct 2025 | $950,000 |
- Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
- The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
- The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
- Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
- Periods with fewer than 5 recorded sales are excluded.
Rye medians by quarter
The most recent quarter on record for Rye is 2025-Q4.
Rye medians by quarter
| Quarter | Type | Median | Sales |
|---|---|---|---|
| 2025-Q4 | House | $950k | 85 |
| 2025-Q3 | House | $921k | 74 |
| 2025-Q2 | House | $960k | 78 |
| 2025-Q1 | House | $920k | 81 |
| 2024-Q4 | House | $860k | 87 |
| 2024-Q3 | Unit | $638k | 6 |
| 2024-Q3 | House | $1.00M | — |
| 2024-Q2 | Unit | $745k | — |
| 2024-Q2 | House | $1.08M | — |
| 2024-Q1 | Unit | $802k | — |
| 2024-Q1 | House | $1.13M | 76 |
| 2023-Q4 | Unit | $678k | — |
- Sale counts are shown so you can judge how solid each median is.
Who lives in Rye
Rye has a median age of 51 and a median household income of $1,334 a week.
Population (Rye)
9,438
Median age (Rye)
51 years
Median household income (Rye)
$1,334/wk
People per square kilometre
530
Average taxable income (postcode, 2023)
$70,105
SEIFA advantage decile (Rye)
6 of 10
Addresses in the suburb (G-NAF)
11,737
Rooftop solar installs, 12 months (postcode)
136
How Rye homes are held
Owned outright
1697
Owned with a mortgage
1110
Rented
786
1 bedroom or studio
63
2 bedrooms
510
3 bedrooms
1943
4 bedrooms
911
5 or more
240
Advantage and disadvantage
6
Disadvantage only
6
Economic resources
5
Education and occupation
7
- Figures labelled Rye are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Point Nepean" and postcode 3941 both extend beyond Rye.
- SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.
Schools in Rye
The 1 school in Rye sit at the 58th percentile nationally on ACARA's socio-educational index.
Schools located in Rye
| School | Sector | Type | ICSEA |
|---|---|---|---|
| Rye Primary School | Government | Primary | 1,026 |
Median school percentile nationally · ICSEA score
Rye · 1 school
58th · 1026
Mornington Peninsula LGA
62nd · 1034
VIC
60th · 1030
Australia
51st · 1008
- ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
- Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
- Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.
Suburbs near Rye
Compare Rye with nearby suburbs we have profiled from the same public records.
Rye: common questions
- How much does a house cost in Rye?
- About $938,000 across the 12 months to 2025-Q4, from 318 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
- Have Rye prices gone up?
- Prices have risen 119.6% over 10 years and moved +46.4% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
- What do units cost in Rye?
- The median unit price was $715,000 for 2024.
- Can I see Rye prices street by street?
- Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
- Which schools are in Rye?
- Rye Primary School.
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Data sources
- [1]
- [2]
- [3]
- [4]
- [5]
- [6]
This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.