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Rye Real Estate

Rye real estate

On Census night in 2021, 54% of private dwellings in Rye were unoccupied, against 11% across Victoria. Beyond that, the figures on living in Rye show a higher median age and a lower median household income than the state's.

  • House 95
  • Townhouse or terrace 4
  • Flat or apartment fewer than 1
  • Other or not stated 1
  • Owned outright 46
  • Mortgaged 30
  • Rented 21
  • Other or not stated 3
Homes in Rye as a street of 100, from the census count of households by kind of home and tenure. Other or not stated also takes up the rounding.
Median rent$372 a weekVIC $370
Median mortgage repayment$1,800 a monthVIC $1,859
Median household income$1,334 a weekVIC $1,759

Unoccupied dwellings and separate houses in Rye

In Rye, 54% of private dwellings were unoccupied on Census night, compared with 11% across Victoria. The figure describes one night in 2021 and gives no reason for itself. Among occupied homes, separate houses account for 95%, above the state's 73%, while flats or apartments make up fewer than 1% and townhouses, terraces or semi-detached houses 4%, against 12% and 14% across Victoria.

Three-bedroom homes make up 52% of homes in Rye, above 42% across the state. Homes with four or more bedrooms are at 31%, below the state's 33%, and those with two bedrooms or fewer at 15%, below 25%. Of the three bedroom groups, three bedrooms is the only one where Rye's share sits above the state's.

Victoria, the same way: 73 houses, 12 flats, 29 rented.

How Rye households hold their homes

At the 2021 Census, 46% of Rye households owned their home outright, a share above the 32% across Victoria. Another 30% were paying off a mortgage, below the state's 36%, and 21% rented, below 29%. The median mortgage repayment in Rye is $1,800 a month, compared with $1,859 for the state.

The median household income in Rye is $1,334 a week, below $1,759 across Victoria, and the median rent is $372 a week, above the state's $370. This page divides the rent median by the income median to reach 28% for Rye, above 21% for the state. The income median takes in every household, renters or not, so the ratio is not what renters pay.

Of renting households in Rye, 76% rent from a landlord the ABS records as a real estate agent, above 73% across Victoria. The remainder rent from state housing, community housing, a private person or another landlord. Among Rye's renters at the 2021 Census, having an agent as landlord was a more common arrangement than among the state's renters.

Rye's people, with a median age of 51 years

The suburb of Rye had 9,438 people at the 2021 Census. The median age is 51 years, above 38 across Victoria, and an average household holds 2.2 people, below the state's 2.5. On these two figures, Rye's residents are older than the state's at the median, and its households hold fewer people on average. One 2021 question asked people aged five and over where they lived in 2016. In Rye, 52% gave the same address, against 54% across Victoria.