Back 127 Melbourne Road
Off Market

127 Melbourne Road

Rye VIC 3941

3
2
1
592 m²
House
Adam VocaleAdam Vocale, last sold this property on 02 May 2025 after 57 days on market.

Overview

Tranquil seaside living with room to grow

Set in one of Rye's most coveted locations, this property offers the perfect blend of privacy and convenience. Just a short stroll to the Penni Ave Distillery, Rye Football Club & Gym, local cafes, and surrounded by picturesque Moonah and Ti-trees, this coastal retreat is nestled in the heart of the Mornington Peninsula's sought-after landscape. Enjoy the serenity of this tranquil spot, while being within easy reach of the area's lifestyle and retail offerings, including pristine beaches, world-class golf courses, cozy corner cafes, and the renowned Peninsula Hot Springsall just over an hour's drive from Melbourne's CBD. This charming double-storey home presents a spacious and flexible layout. The ground level features a welcoming living room, a dining area, a functional kitchen, bathroom, study nook, and a bright bedroom. Upstairs, you'll find an additional living room, a large outdoor decked area, a master bedroom with an ensuite (including a second toilet), and a generous walk-in wardrobe/dressing room. Sitting on an expansive 592sqm (approx.) allotment, the property is surrounded by established gardens and trees, offering an inviting outdoor space with great potential for further renovations and extensions. Notable features of the home include an original butler's pantry, a separate outdoor garage, ample parking space for cars, boats, caravans, and more, as well as additional storage throughout. The large balcony and deck offer scenic views, while the beautifully maintained front and back gardens create a serene and private retreat. Offered to the market via private sale, this property presents an outstanding opportunity to secure a seaside home in one of the Peninsula's most desirable holiday destinationsat an entry-level price point.

Features

3 bedrooms
2 bathrooms
1 carspace
592 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 127 Melbourne Road 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 127 Melbourne Road

2025
Sold
Undisclosed
Private Sale/Treaty on 02 May 2025 by Adam Vocale, of Jellis Craig Rye
2022
Sold
Undisclosed
15 Sep 2022 by Travis Doolan, of Hodges Rye

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, 149 three-bedroom houses similar to 127 Melbourne Road, have been sold.

This represents a 4% increase in three-bedroom houses sales when compared to the previous 12 months.

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