Rye at a glance
9,756
People
$968,750
Median sale
$573/wk
Median rent
3.08%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
$1,100,000–$1,200,000
For sale
Asking range
5
Bedrooms
4
Bathrooms
1
Car spaces
1,703 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,100,000–$1,200,000
Asking range · $646/m² of land
No recorded sale for this property.
Rye at a glance
9,756
People
$968,750
Median sale
$573/wk
Median rent
3.08%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Vs Rye
+13.5%
Median sale
Suburb $968,750
-0.37 pp
Gross yield
Suburb 3.08%
Suburb median $968,750 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$66,878 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Rye's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $573/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Rye at a glance
9,756
People
$968,750
Median sale
$573/wk
Median rent
3.08%
Suburb gross yield
Median sale from 22 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Raine & Horne Shoreline Real EstateWelcome to 119 Dundas Street, Rye - a stunning family home that perfectly combines space, comfort, and modern living.
Set on a substantial approx. 1,703sqm allotment, this impressive five-bedroom, four-bathroom brick residence offers exceptional space, flexibility and a relaxed Mornington Peninsula lifestyle. Designed across two levels with two separate living zones, the home is ideal for large families, multi-generational living or those seeking an outstanding Airbnb opportunity.
The fully self-contained lower level features two spacious bedrooms, a comfortable living area, a full kitchen with a walk-in pantry, and direct access to the garage. Whether for extended family, guests or holiday accommodation, this versatile space provides privacy and independence.
Upstairs, the light-filled main residence comprises three generous bedrooms, including two with their own private ensuites, plus a stylish family bathroom with the added luxury of underfloor heating. The contemporary kitchen is appointed with a 900mm upright gas stove and overlooks the expansive open-plan living and dining areas, complemented by a second lounge for effortless entertaining and everyday living.
Large bi-fold doors open seamlessly onto a spectacular north-facing deck, where you can relax and take in the endless greenery views from this elevated position. A cosy gas-log fireplace creates warmth and ambience through winter, while reverse-cycle air conditioning ensures year-round comfort.
Constructed in low-maintenance brick and surrounded by peaceful natural beauty, this substantial home enjoys a superb location close to The Dunes Golf Links and the renowned Peninsula Hot Springs, with Rye Pier, beautiful bay beaches, vibrant cafés, wineries and restaurants all just a short drive away.
Property Features:
Approx. 1,703sqm allotment
5 bedrooms | 4 bathrooms
Spacious two-storey design with dual-living flexibility
Self-contained downstairs accommodation with full kitchen and walk-in pantry
Ideal for Airbnb, guests or multi-generational living
Contemporary kitchen with 900mm upright gas stove
Open-plan living and dining plus a second living area
Expansive north-facing entertaining deck with tranquil greenery views
Gas-log fireplace and reverse-cycle air conditioning
Underfloor heating in the main upstairs bathroom
Garage with internal access
Low-maintenance brick construction
Close to golf courses, hot springs, beaches, cafés and wineries
A rare offering of size, versatility and lifestyle, this beautifully presented residence delivers the perfect Peninsula retreat with room for the whole family and exceptional potential for holiday accommodation or dual living.
Listing description written by Silva Mcleod, Raine & Horne Shoreline Real Estate — reproduced as published, not verified by Districts.