Mccrae at a glance
3,260
People
$1,100,000
Median sale
$533/wk
Median rent
2.52%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
4
Bedrooms
1
Bathrooms
6
Car spaces
865 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Mccrae (last 5 years) with land size have a median of $1,297/m² of land (n=115). Districts calculation from recorded sales — not a valuation.
Mccrae at a glance
3,260
People
$1,100,000
Median sale
$533/wk
Median rent
2.52%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $533/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mccrae at a glance
3,260
People
$1,100,000
Median sale
$533/wk
Median rent
2.52%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White RosebudWalk to the Beach - Planning Approval to Subdivide
Location - Location - Location and a beautifully renovated home is what we are offering one lucky purchaser right here in the highly sought-after coastal suburb of McCrae.
Resting on 865 sqm (approx.) of flat coastal land and positioned behind a large sliding gate this fully fenced and secure home features 4 bedrooms (two with built in robes), ceiling fans to three bedrooms, wall to wall carpet in bedrooms/ lounge/ hallway, updated kitchen with soft close draws, white bench tops and tiles, 600mm stainless steel appliances, updated bathroom with rain water shower head, reverse cycle split system air-conditioners in lounge and main bedroom, gas ducted heating and 6.6kw solar system.
We are "Build ready" with town planning approval to split this property into two lots you have the rare opportunity to enjoy your beach side holidays.
Approvals ready and available:
• Stamped plans
• Working drawings
• Engineering
• Soil reports
• Stamped retention system
All you need to do is choose your builder.
Build one at the back and a great return on this exceptional investment.
This gorgeous coastal design is architecturally crafted to sit perfectly and uniquely on this lot.
With design elements offering:
• 2 Master suites with ensuites
• 2 other bedrooms with B.I.R's
• 2 Living rooms - One on each level
• Double lock up garage
• Northerly open yard aspect
The existing home consists of modern Hardi-plank construction. The maintenance on this well-kept and well-presented home will be virtually non-existent.
This beautiful home backs onto parkland reserve.
Other features include:
• Shale Grey Colourbond roof and gutters
• Wooden white plantation shutters
• PVC plantation shutters in toilet
• White duo sunscreen/block - out blinds to some bedrooms
• LED downlights throughout
• CCT security system
• Three stage under sink water system in kitchen
• Updated laundry and toilet
• Continuous gas hot water service
• Double Garage with reverse cycle aircon and cosy wood
• 2 x Garden Sheds
• Sundeck with built in bar/dining area
• Rear yard bordered by screening hedges for additional privacy
• Positioned in a quiet no through road
Very few opportunities exist to own a blue-chip property such as this so call me immediately for a private inspection. There can be only one owner for this great beach-side home…..will it be you?
Currently being set up as an Airbnb as this gorgeous coastal home is within moments of the golden sands of Port Phillip Bay, the McCrae Lighthouse and McCrae Plaza you are only seconds away for what one of the most exclusive suburbs the Mornington Peninsula has to offer.
Listing description written by Shane Fox, Ray White Rosebud — reproduced as published, not verified by Districts.