Rye is a seaside suburb on the Mornington Peninsula in, Victoria, Australia, approximately 94.5 km south of Melbourne's Central Busin…Rye is a seaside suburb on the Mornington Peninsula in, Victoria, Australia, approximately 94.5 km south of Melbourne's Central Business District, located within the Shire of Mornington Peninsula local government area. Rye recorded a population of 9,438 at the 2021 census.