Back 49 Observation Drive
Off Market

49 Observation Drive

Rye VIC 3941

3
2
1
180 m²
716 m²
House
Last sold for $785,000
Michael FlynnMichael Flynn, last sold this property on 13 April 2026 after 21 days on market.

Overview

Charming Coastal Living

Nestled in the heart of Rye, this delightful three-bedroom family home offers the perfect blend of comfort and convenience. Built in 1985, the property has been thoughtfully maintained, ensuring a welcoming atmosphere for its next owners. This residence provides easy access to Rye's beautiful beaches and shopping precinct, inviting you to enjoy the natural beauty of the Mornington Peninsula. The home is also within proximity to local schools, making it a fantastic choice for families looking to settle in a community-oriented area. With ceiling fans and reverse-cycle air conditioning, comfort is guaranteed throughout the seasons, and the centrally located kitchen divides the two living spaces. Don't miss out on the opportunity to secure this great home in one of Rye's most sought-after locations.

Features

3 bedrooms
2 bathrooms
1 carspace
180 m² floor area
716 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 49 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 49 Observation Drive

2026
Sold
$785,000
Private Sale/Treaty on 13 Apr 2026 by Michael Flynn, of Woodards Peninsula

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 69 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 49 Observation Drive, have been sold.

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

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