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29 Milton Road

Rye, VIC 3941, Australia

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About this property

Perfectly positioned in a highly sought-after pocket of the Mornington Peninsula, this generous 628m² (approx.) allotment offers an unbeatable lifestyle midway between the vibrant Rye and Blairgowrie shopping precincts. Set in a quiet, family-friendly neighbourhood and just a short stroll to the beach, you'll enjoy the serenity of lush foreshore reserves, playgrounds, and the sparkling blue waters of Port Phillip Bay right at your doorstep. With ample space and a prime location, this block presents an exciting opportunity to design and build your dream coastal home (STCA). Only just over an hour's easy drive from Melbourne, this prized location is surrounded by the very best the Peninsula has to offer. Spend your days indulging in luxurious spa retreats, exploring world-class wineries, or fitting in a relaxing round of golf at one of the many nearby courses. Whether you're seeking adventure or relaxation, everything you need for the perfect lifestyle is close at hand. The Peninsula lifestyle is truly something special-a place where breathtaking views, pristine beaches, and a relaxed holiday atmosphere become part of everyday living. Rye is renowned for its welcoming community feel, offering both family-friendly amenities and plenty of adult leisure activities nearby. If you've been searching for your own slice of coastal tranquillity and natural beauty, this outstanding parcel of land promises the ideal setting to bring your vision to life. Disclaimer: I acknowledge that this advertisement provides information as a guide only. RS Real Estate & Co does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floor plans are to scale and created based on the photographer's best knowledge.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
628 m²
Listed
3 months ago

Repayment calculator

$6,060/month
$3,030 /fortnight
Loan $1,000,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$250,000
Stamp duty$68,750
Conveyancing (est.)$2,000
Total upfront$320,750
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Rye

This land in Rye, VIC 3941 sits within reach of public transport, local shops and nearby schools.

Schools near Rye

  • Rye Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Elgan Avenue/Point Nepean Road (bus)1.8 km away
  • Home Timber & Hardware1.3 km away
  • French Street Reserve1.6 km away
  • Recreation Reserve4.2 km away
  • Unnamed4.3 km away

Rye at a glance

Full suburb profile
Population
9,438
Median age
51
Household income
$1,334/wk
Median rent
$372/wk
Median mortgage
$1,800/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Rye price trend

Median sold · House 3 bed

Compound growth -6.7% / yr over 4 yrs

$873kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Rye market

Within 5km

Nearby Properties

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