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5-7 Fern Grove, Rye$1.31m
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5-7 Fern Grove

Rye, VIC 3941, Australia
$1.25m – $1.36m
3 bed 2 bath 2 car2036 m²

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About this property

Fringed by native trees and set on an exceptional 2,036sqm (approx) allotment, this home delivers rare scale, privacy and future potential in one of the Peninsula's most idyllic and tightly held pockets. Immersed in greenery and serenity, this is a secluded retreat where nature frames every outlook and opportunity lies in every direction. Perfectly positioned within the Tyrone Foreshore precinct, the home enjoys a peaceful, bush-like setting, while remaining just a short drive from Blairgowrie shops, cafés and everyday conveniences, with the bay and coastal trails close by. The gardens are designed to follow the sun from morning to evening, with landscaped front and rear zones that invite you outdoors throughout the day. Six generous vegetable boxes support a productive, sustainable lifestyle, while the expansive rear deck is ideal for entertaining against a private leafy backdrop. The front garden offers a quieter setting for morning coffees, wrapped in birdsong and native surrounds, with a 6-person Alpine Sauna, plumbed in claw-foot bath and an outdoor copper shower; elevating the home into a true Peninsula wellness escape. Downstairs, soaring ceilings and an abundance of natural light define the main living domain, creating a sense of openness and calm that flows effortlessly to the outdoors. Anchoring the home is the flexible living, dining and kitchen zones, well suited to everyday living or relaxed entertaining. A bonus study or adaptable flexi-room adds versatility, ideal for working from home, creative pursuits or accommodating guests. Every window captures green outlooks, reinforcing the home's connection to its natural environment. The downstairs main suite, a private sanctuary with ensuite, peacefully positioned and surrounded by treed views. Upstairs, two further bedrooms are well proportioned and serviced by a central bathroom complete with bath and shower, ideal for family living or hosting guests. A separate laundry and convenient downstairs powder room add everyday practicality without compromising the home's relaxed feel. The scale of the allotment presents outstanding future potential, with scope to subdivide into a two-residence site (STCA), making this an astute lifestyle and investment opportunity. Whether you choose to enjoy the home as it stands, lease it while planning, or pursue a bold architectural vision (STCA), the setting is second to none - moments from the Peninsula's most loved beaches, coastal and bush walking trails, and the relaxed village life that defines Rye and Blairgowrie. Disclaimer: Whilst every care has been taken in preparing the above information, it is to be used as a guide only. Please refer to the appropriate legal documentation to complete your due diligence.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Land Area
2036 m²
Listed
3 months ago

Repayment calculator

$6,339/month
$3,169 /fortnight
Loan $1,046,000 at 6.10% over 30 years

Upfront costs

Deposit$261,500
Stamp duty$71,913
Conveyancing (est.)$2,000
Total upfront$335,413
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 3-bedroom house in Rye, VIC 3941 sits within reach of public transport, local shops and nearby schools. It is listed 6% above the $1.23m median of 70 comparable houseswithin 5 km.

Schools near Rye

  • Rye Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Elgan Avenue/Point Nepean Road (bus)1.8 km away
  • Home Timber & Hardware1.2 km away
  • French Street Reserve1.5 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

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Price history

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1 price change recorded for this property

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