Rye, 3941 ranked 256th in VIC when comparing growth in median property values or capital gain over the last 12 months. Rye is one of 2098 in our list for VIC
Taking the average capital gain, or increase in median house value, Rye,3941 has racked up an average of 11.67% over the period. This ranks it number 1377th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Rye is giving property investors an average Vendor Discount of around -5.46%. This puts suburb at number 289th in VIC when ranking the most discounted suburbs.
At number 1170 in a list of fastest selling suburbs, Rye is in the TOP 40% of suburbs in Australia with an average of days on market 64.08 for properties listed there.
Situated 64.27km from the CBD, Rye is one of Mornington Peninsula localities in the postcode 3941.
Property investors who have had real estate in Rye, 3941 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 28.57%
While Rye,3941 ranked number 22th in VIC for increase in median house value (annualised) increase, it is ranked 90th over the last 5 years.
Property buyers and investors in Rye 3941 should be seeing an average reduction in asking price of around -3.75% . This means that Rye is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Rye have been waiting around 123.33 days to sell a property.
Situated 63.27km from the CBD, Rye is one of Mornington Peninsula localities in the postcode 3941.