Rye Renovator

Homer Blancaver
Updated 5 min read
4 Como Avenue, Rye before renovation 4 Como Avenue, Rye after renovation
4 Como Avenue, Rye

Updated November 2026: we’ve added current Rye market figures from Stash and what has happened to 4 Como Avenue since. The original deal details are kept as published.

Address

4 Como Avenue, Rye, VIC 3941

Investment Strategy

Renovator

Development Timeline

28/02/2023
Property Purchased
$737,000
07/02/2024
Property Sold
$1,050,000
See what it looks like today

Rental Insights

Stash shows rental figures for every property's suburb, including Long Term Rental Statistics (vacancy rate, homes rented in the last 12 months, median rent and potential yield) and the Long Term Yield Analyser, which compares yields by bedroom count and property type. November 2026: the screenshots below were taken in 2024. Some of the statistics shown in them, such as short-term (Airbnb) and rooming rental figures, are no longer part of the standard Stash property page.

Stash Short Term Rental Statistics for 4 Como Avenue, Rye (2024 screenshot)
Stash Rooming Rental Statistics for 4 Como Avenue, Rye (2024 screenshot)
Stash Long Term Rental Statistics for 4 Como Avenue, Rye (2024 screenshot)

Source: stashproperty.com.au

Stash Long Term Yield Analyser for 4 Como Avenue, Rye (2024 screenshot)

Development Stats

2024

Year of Development

330

days held

312

Gross Profit

About the Property

BEAUTIFULLY RENOVATED & FULLY FURNISHED COASTAL RESIDENCE

*Now offered as a complete, fully furnished, turnkey option*

Beautifully renovated and impeccably styled with design elements and inspiration straight from the pages of House & Garden, this gorgeous coastal home – *offered as a complete turnkey package – will simply take your breath away.

Appealing to today’s modern buyer, the uncluttered, clean lines and minimalist aesthetic of the home transfer an immediate sense of calm and tranquillity – transporting you from the busy stress of the outside world to a peaceful, private space where you can unwind and relax.

Connecting seamlessly with the outdoors and flooded with natural light, the modern open concept layout features four lovely bedrooms – all with beautiful French flax linen curtains, full ensuite with tub, a second main bathroom, European laundry, and a beautiful modern kitchen featuring a list of luxury appliances including Bosch dishwasher, Fisher & Paykel fridge, ILVE gas top oven, and Miele rangehood plus a fantastic servery window/outdoor bar that allows conversation between the kitchen and the garden.

There is also ample room for onsite boat, jet ski, or caravan accommodation.

The simple aesthetic and effortless display of natural, organic features continue through to the exterior to create an enviable outdoor space where the cool, coastal vibe continues.

Entertaining will definitely be your new favourite thing to do at COMO! Sizzling summer nights will be filled with fun and friends – barbequing and dining outside on the spacious entertaining deck where afterwards, drinks and good conversation can be had sitting around your very own outdoor fire pit.

Perhaps star gazing from the garden love seat or a game of bocce on a sunny afternoon is more your thing? – All that is missing is you!

Do not miss your opportunity to secure one of the most beautiful properties currently on the market. Contact Katrina Talarico on 0420 778 404 to book your private inspection today!

Property Features Include

– Extensively renovated four bedroom home complete with high end fittings and inclusions.
– Ample onsite room for boat, jet ski, or caravan accommodation.

– Master bedroom featuring full ensuite with tub.

– Brand new hybrid flooring and French flax linen curtains throughout.

– Split system air conditioning.

– Fully renovated modern kitchen complete with Bosch dishwasher, Fisher & Paykel fridge, ILVE gas top oven, and Miele rangehood.

– Kitchen also features a gorgeous servery window out to the garden.

– Modern European laundry.

– Fully landscaped north facing rear yard highlighting a spacious 44m2 paved entertaining area, beautiful deck at the front of the property, terraced lawn, brand new retaining walls, a selection of mature plant and tree varieties, and a loveseat for stargazing at night!

– Garden shed plus ample additional under house storage.

– Located in a quiet, peaceful street just 200*m to local icon The Hidden Kitchen.

– Just 1.6*km to the foreshore.

– Only a short drive to Rye Village & the relaxing Peninsula Hot Springs.

*All distances and measurements are approximate only.
*Bedhead in master suite and artwork not included in turnkey package.

From the Domain.com.au listing

Stash map around 4 Como Avenue, Rye showing nearby sale prices and overlays (2024 screenshot)

Source: stashproperty.com.au

About the Suburb

RYE, VIC 3941 is a suburb with a population of 9438. The age distribution is diverse, with significant numbers in the 45 to 64 years and 65 years or over categories. The suburb has a median household income slightly above the national average at $1,334 weekly. The most common occupations include technicians and tradespeople, professionals, and managers. Commute to work is primarily by motor vehicle and working from home is popular, with 852 residents doing so. The suburb’s ICSEA percentile for government schools is 52.0, indicating an average educational advantage for students.

In terms of property, RYE offers a mix of housing options. The median house price is $1,130,000 with an IQR ratio of 51.8%, indicating potential for renovations. The median rental price for houses is $550 per week, providing a rental yield of 2.7%. The suburb has a low vacancy rate of 0.8%. Units in RYE have a median price of $759,000 with a relatively high IQR ratio of 68.8%. The rental yield for units is slightly higher at 3.1%. Market absorption rate is at 9.0%, suggesting balanced demand.

RYE, VIC 3941 is a diverse suburb with a strong emphasis on trades, professions, and managerial occupations. With a decent educational advantage for students, the suburb provides a mix of housing options suitable for both homeowners and investors. The property market in RYE shows potential for renovation projects, especially in the house segment. The balanced demand and low vacancy rate make RYE an attractive location for those looking to invest in property.

Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022

Rye today (November 2026)

Here’s how the Rye house market looks now, based on 255 house sales over the 12 months to the end of October 2026:

  • Median house price: $922,500 (Stash data, November 2026)
  • Change in median house price over 12 months: -2.9% (Stash data, November 2026)
  • Median house rent: $650 a week (Stash data, November 2026)
  • Median gross rental yield (houses): 3.6% (Stash data, November 2026)
  • Rental vacancy rate (houses): 1.2% (Stash data, November 2026)
  • Median days on market (houses): 49 (Stash data, November 2026)

Stash records no sale of 4 Como Avenue since the $1,050,000 sale in early 2024.

For comparison, the median Rye house is now $922,500, down 2.9% over the past year.

See the latest numbers on the Rye suburb page, or use On Market Deals in Stash to find renovators listed below the suburb median. The charts below are from the original 2024 post.

Rye suburb median chart from Stash (2024 post)
Suburb Median
Rye vacancy rate chart from Stash (2024 post)
Vacancy Rate
Rye sales volume chart from Stash (2024 post)
Sales Volume

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