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Back 100 Observation Drive
Off Market

100 Observation Drive

Rye VIC 3941

3
1
2
0 m²
1090 m²
House
Last sold for $861,000
Meagan MulderMeagan Mulder, last sold this property on 20 November 2025 after 150 days on market.

Overview

Room To Move - Endless Possibilities

Nestled in a quiet yet central location, this original and immaculately maintained 3-bedroom brick home is the perfect blend of comfort, convenience, and potential. Set on a generous 1090m² (approx) flat block, the property offers a functional floor plan that includes three comfortable bedrooms, 2 with built in robes, a well-maintained bathroom, a full laundry, and a separate toilet. Whether you're looking for a first home, investment, or a peaceful coastal retreat, this property presents an ideal opportunity. The large, lined shed with kitchen provides the perfect space for additional entertaining, studio, or workshop. It's fully equipped to meet a variety of needs, from hobbyists to tradespeople, or those seeking more space for family activities. The property also features an undercover entertaining area, ideal for alfresco dining and relaxing with family and friends. For year-round comfort, the home includes gas heating along with split-system air conditioning, ensuring you'll stay warm in winter and cool in summer. With a fully fenced yard, you'll have security, while the low-maintenance gardens ensure you spend less time on upkeep and more time enjoying your space. Additional storage is available with garden sheds for tools or outdoor equipment. This property is perfectly positioned to take advantage of Rye's stunning coastline and attractions. Located just a 20-minute walk to the beach and shops or a quick 4-minute drive, and just moments away from the renowned Peninsula Hot Springs. This quiet and private neighbourhood is perfect for those seeking peace and privacy while being close to everything you need. With plenty of room to extend or renovate, this property offers great potential for those looking to add value or create their ideal coastal home. It's a rare opportunity in a highly desirable location, the possibilities are endless.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
0 m² floor area
1090 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Rye over the last 12 months, the estimated median property value of 100 Observation Drive is $875k.

Median value
$875k
Estimated value range
$10k - $1.7m
Median days on market
41
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Rye. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 100 Observation Drive

2025
Sold
$861,000
20 Nov 2025 by Meagan Mulder, of GRANGER Estate Agents

Happy sellers in Rye

79%
79% of sellers in Rye reported that their sale price either exceeded or met their price expectations.

Rye stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 71 reviews in Rye over the last 12 months.

Local market activity for 3 bedroom houses in Rye

In the last 12 months, 150 three-bedroom houses similar to 100 Observation Drive, have been sold.

This represents a 5% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Rye

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Michael Prentice

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Sam Crowder

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Toni Katsivelas

Sellers who recommend Toni Katsivelas have praised them for being dedicated, local expert, friendly, clear communication and responsive

  •   5   (52 reviews)
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Michael Christodoulou

Sellers who recommend Michael Christodoulou have praised them for being local expert, clear communication, honest, responsive, reliable, supportive and friendly

  •   4.9   (220 reviews)
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