Located in the dynamic state of VIC (postcode 3941), RYE is a vibrant real estate market. This suburb holds a median house price of $1,161,000 and has demonstrated an average buying growth of Down -1.6%. Last month, 96 houses were available, with 245 transactions completed in the past year. Properties spend around 37 days on the market, reflecting the area's demand with 4959 interested buyers. The average rental yield stands at 2.6%, with a weekly median rent of $490 per week and an average rent growth of Up 10.0%. Rental properties usually stay on the market for 24 days. The population in 2016 was 8423, which changed by +3.20% in the past five years. The median weekly household income is $1,039, reflecting an income change of +20.81% over the past five years. Residents have a median age of 47 years, and the suburb has an average annual growth for houses of +12.95%. To fully take advantage of RYE's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in RYE, Handle provides end-to-end property investment services, backed by data and experts.