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.
$1,300,000
Last sold
28 Mar 2024
4
Bedrooms
3
Bathrooms
2
Car spaces
656 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
$1,300,000
28 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Mccrae (last 5 years) with land size have a median of $1,293/m² of land (n=114). 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.
Vs Mccrae
+18.2%
Median sale
Suburb $1,100,000
-0.39 pp
Gross yield
Suburb 2.52%
Suburb median $1,100,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 Homes & AcreageOpen for Private Inspections
Showcasing a breathtaking exemplar of contemporary coastal living at one with this covetable seaside location, this recently revamped dual-storey home offers an oasis of sundrenched spaces and carefree comforts in sauntering distance to the powder-white sands of McCrae Beach.
Exquisitely renovated from top to tail with a perfectionist’s eye for elegance, this four-bedroom-plus-study abode captivates with a cleverly configured free-flowing floorplan cascading out to a generous fully enclosed backyard.
Sliding glass doors facilitate a seamless connection between the sun-filled living area and the covered barbecue deck, while a built-in cocktail bar with beer fridge and wine storage offers the ultimate entertainer’s experience.
A colossal Caesarstone island with generous storage anchors the culinary kitchen, which impresses with shaker cabinetry, chic matte black hardware and a suite of high-end appliances.
Enjoying an entire floor to itself, the spacious master suite boasts an open-plan ensuite with steamy spa bath, a fully fitted walk-in robe and sliding glass doors to a parents’ private balcony.
Two additional contemporary bathrooms, including one with a soaker tub, and a powder room service the three downstairs bedrooms and home office of this enviable home, which comes with zoned ducted heating and cooling, a large garage with Coonara, an outdoor alfresco copper shower and long concreted driveway.
Just 700 metres to McCrae Plaza, 800 metres to the beach, 2 minutes’ drive to Rosebud’s restaurant strip and primary school and a stone’s throw to the freeway for easy commuting. This property sits amid a playground of Mornington Peninsula attractions, from the Arthurs Seat chairlift and golf courses to hot springs, mountain bike and walking trails, wineries and surf breaks close by.
Around an hour from Melbourne, this stunning seaside home would also thrive on the lucrative holiday rental market.
Homes and Acreage is proud to be offering this property for sale – To arrange an inspection or for further information, please contact the office on 1300 077 557 or office@homesacreage.com.au
Features:
• Newly revamped contemporary coastal home
• Sundrenched living & dining with external sliding glass doors
• Built-in cocktail bar with beer fridge & wine storage
• Covered BBQ deck
• Culinary kitchen with vast Caesarstone island with storage
• Shaker cabinetry & matte-black hardware
• Smeg oven, Bosch gas cooktop & Fisher & Paykel dishwasher
• Butler’s pantry with plumbing for fridge
• Appliance nook with power points
• Slide-out spice rack
• Slide-out dual bin
• Double doors to dedicated home office
• Expansive master suite on upper level with walk-in robe & balcony
• Large open ensuite with spa, shower & toilet
• Brand new carpet upstairs
• 2 additional modern bathrooms on lower level
• Rainshowers & a soaker tub
• Powder room with mosaic tiling
• Matte-black tapware & stone-topped vanities
• Driftwood-style Luxury Vinyl flooring & plush charcoal carpeting
• Downstairs bedrooms with built-in, fitted mirrored robes and dimmer lighting
• USB outlets throughout
• Zoned Daikin ducted heating & cooling
• Split-system upstairs
• Double-glazed, aluminium windows throughout
• Digital keypad door lock
• Wide entry hall/mudroom
• Large remote garage with Coonara and TV mount/antenna
• 2 wood sheds
• Raised veggie beds
• Outdoor alfresco copper shower
• 5kW solar system
• Irrigated gardens
• Hinged fence to allow caravan access
• Ample room to add a swimming pool (STCA) or store your boat
• Street access to off leash dog park
Listing description written by Candice Blanch, Homes & Acreage — reproduced as published, not verified by Districts.