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Back 45 Thomson Terrace
Off Market

45 Thomson Terrace

Rye VIC 3941

604 m²
Land
Last sold for $500,000
Mark PurvesMark Purves, last sold this property on 17 December 2025 after 33 days on market.

Overview

A Quiet Pocket to Craft a Coastal Retreat

Delivering a striking sense of seclusion while embracing all the perks of beachside living, this 604sqm (approx) vacant landholding presents an untouched foundation for a bespoke coastal retreat (STCA) in one of the Peninsula's most sought-after pockets. Peacefully tucked away from the bustle of main roads yet moments from Rye Foreshore and the vibrant dining strip, it pairs the quiet of a back-street retreat with the convenience of a coastal address. Designed to capture light, sea breezes and effortless liveability, this naturally descending site requires some clearing to provide the ideal foundation for a bespoke coastal residence, suited to families seeking a relaxed way of living or those looking to craft a luxurious holiday escape (STCA). In an area where completed homes dominate, this is a rare opportunity to start anew and design a residence tailored to individual needs, with proportions that allow for generous indooroutdoor entertaining zones, landscaped gardens or a pool (STCA). Surrounded by acclaimed dining, premium golf courses and rejuvenating hot springs, this coastal setting between bay and ocean captures the full spectrum of the Mornington Peninsula lifestyle, offering the rare privilege of equal access to both calm bay beaches and the rugged beauty of the ocean coast. Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Features

604 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Rye over the last 12 months, the estimated median property value of 45 Thomson Terrace is $592.5k.

Median value
$592.5k
Estimated value range
$380k - $920k
Median days on market
178
Estimated value trend
11%
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 45 Thomson Terrace

2025
Sold
$500,000
Private Sale/Treaty on 17 Dec 2025 by Mark Purves, of Buxton Mornington Peninsula – Sorrento/Blairgowrie

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 70 reviews in Rye over the last 12 months.

Local market activity for land plots in Rye

In the last 12 months, 12 land plots similar to 45 Thomson Terrace, have been sold.

This represents a 20% increase in land plots sales when compared to the previous 12 months.

Nearby agents

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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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