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.
VIC › Mccrae › Austin Ave
$430,000
For sale
$430,000
Last sold
7 July 2024
0
Bedrooms
0
Bathrooms
2
Car spaces
492 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
Asking
$430,000
7 July 2024 · derived via latest_sale
Local land rate: recorded Land sales in Mccrae (last 5 years) with land size have a median of $912/m² of land (n=11). 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
-60.9%
Median sale
Suburb $1,100,000
+3.93 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.
$25,681 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Mccrae's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
UnknownArea
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 Granger Estate AgentsThis beautifully appointed three-bedroom residence delivers the perfect balance of luxury, practicality and low-maintenance coastal living. Finished in a timeless coastal palette and showcasing quality craftsmanship throughout. Built by Cavalier Homes, the home combines sophisticated finishes including stone benchtops throughout with a highly functional floorplan, all complemented by a 7-star energy rating, 6.6kW solar system, dedicated caravan or boat storage with direct road access, wheel chair friendly access into the home, and the convenience of single-level living.
Beyond its striking street appeal, light-filled interiors unfold across a thoughtfully designed layout. A separate lounge provides a peaceful retreat, while the heart of the home centres around a spacious open-plan living and dining domain. Anchored by a stunning designer kitchen featuring a large stone island bench, induction cooking, quality appliances and a generous walk-in pantry, the space has been crafted for effortless everyday living and entertaining alike.
Sliding doors create a seamless connection to the covered alfresco deck, where outdoor living becomes a natural extension of the home. Whether hosting family and friends or enjoying a quiet afternoon in the sunshine, the low-maintenance design allows you to spend more time enjoying the Peninsula lifestyle and less time maintaining it.
Privately zoned accommodation includes a spacious main bedroom complete with a walk-in robe and stylish ensuite, while two additional bedrooms are serviced by a beautifully appointed central bathroom featuring a freestanding bath. Stone surfaces continue throughout the wet areas, reinforcing the home's premium finish and attention to detail.
Designed with a rare combination of luxury single-level living, practical caravan or boat storage, and a true lock-and-leave lifestyle. Offering a double remote garage, ample storage, a 7-star energy rating, 6.6kW solar system and easy-care surroundings, it presents an exceptional opportunity as a family home or to down sizers, all without compromise.
Combining coastal charm with everyday convenience, this exceptional home is positioned moments from shops, cafés, medical facilities and the McCrae foreshore, while enjoying quick freeway access for easy trips to Melbourne. Whether you're travelling with the caravan, entertaining family, or simply embracing a relaxed Peninsula lifestyle, the location perfectly complements the home's lock-and-leave appeal.
Property Features
• 7-Star Energy Rating
• 6.6kW Solar System
• Luxury Single-Level Living
• Dedicated Caravan or Boat Storage
• Stone Benchtops Throughout
• Designer Kitchen with Island Bench
• Walk-In Pantry
• Covered Alfresco Entertaining
• Double Remote Garage
• Separate Lounge Retreat
• Open-Plan Living & Dining
• Spacious Main Bedroom with Walk-In Robe & Ensuite
• Freestanding Family Bath
• Induction Cooktop
• Modern Coastal Finishes
• Lock and Leave Lifestyle
• Low-Maintenance Allotment
Listing description written by Steve Granger, Granger Estate Agents — reproduced as published, not verified by Districts.
Victoria 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.