Rye VIC Property Investment

Mornington Peninsula · 3941

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Median House Price
$893K
As of 7 Nov 2026.
Rental Yield
N/A
Vacancy Rate
N/A
Median Weekly Rent
N/A
Median Unit Price
$625K
As of 7 Nov 2026.
Population (Census 2021)
9,438

Rye Short-Term Rental Market

Short-stay estimate: run a brief
Past price growth
Median house sale price growth, Rye: 3.3% a year, 2020 to 2025. Source: Valuer-General Victoria, Victorian Property Sales Report – Houses/Units by suburb 2015–2025 (released 9 Sep 2026). © State of Victoria (Department of Transport and Planning), licensed under CC BY 4.0 (creativecommons.org/licenses/by/4.0). Growth rates calculated by Estait. Sales count not published by the source. Past growth doesn't predict future prices.
New dwellings approved
New dwellings approved, Mornington Peninsula council area, 12 months to Aug 2026: 792. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Rye.

Suburb Metric Thresholds

3 green2 yellow2 red
Population growth 2016–21, postcode 3941 (ABS Census)
2.23 high impact
Median Household Income
1351 medium impact
Public Transport Score
29 medium impact
School Zone Quality
5.8 medium impact
Distance to CBD
63.6 medium impact
SEIFA Advantage/Disadvantage
6 medium impact
Owner Occupier Rate
74.3 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3941

Most disadvantagedLeast disadvantaged

Decile 6 of 10 — Average

Population (suburb)

9,438

Education (IEO)

7/10

Econ. Resources (IER)

6/10

Schools

In your catchment

Rye Primary School
PrimaryGovernment
6.5/10
Rosebud Secondary College
SecondaryGovernment
5.8/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.