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 › Hilary Ave
$950,000–$990,000
For sale
Asking range
3
Bedrooms
1
Bathrooms
4
Car spaces
693 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
$950,000–$990,000
Asking range · $1,371/m² of land
No recorded sale for this property.
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.
Vs Mccrae
-13.6%
Median sale
Suburb $1,100,000
+0.40 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.
Based on the low end of the asking range, not a contract price.
$58,097 on top of the price (6.1% 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.
Based on the low end of the asking range, not a contract price.
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.
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.
Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 RosebudPerfectly balancing effortless comfort, natural light and relaxed coastal charm, this immaculately presented brick residence offers an exceptional opportunity not only as a ready-to-move-in home, but also as a potential future development or subdivision site (STCA).
Set on a generous allotment framed by established gardens, the property presents scope for buyers, investors or developers to explore value-add options in a tightly held beachside pocket.
Designed for immediate enjoyment, the light-filled open-plan living and dining domain is enhanced by large picture windows that draw the outdoors in, creating a warm and inviting coastal atmosphere.
The modernised kitchen sits at the heart of the home, featuring updated finishes, excellent storage and seamless connection to the main living zone for easy everyday living.
Accommodation comprises three generous bedrooms, all with built-in robes, Remote Block out blinds serviced by a freshly updated central bathroom.
A separate laundry enhances practicality, while split-system heating/cooling and gas heating ensure year-round comfort.
Outdoors, the property continues to impress with a spacious backyard, established gardens and a private patio area-offering both immediate lifestyle appeal and future flexibility.
The land component may also present potential for redevelopment, extension, or possible subdivision (STCA), subject to council approval and relevant planning regulations. Buyers should also note that any future development or secondary dwelling strategy may have tax implications, including the potential for significant negative gearing considerations depending on structure and use.
Ample off-street parking with a large gargen shed that provides further functionality, supporting storage, workshop or hobby use while longer-term plans are considered.
Positioned close to beaches, shops, schools and lifestyle amenities, this is a rare opportunity to secure a property that delivers both immediate livability and long-term strategic upside in one of the Mornington Peninsula's most desirable coastal corridors.
Property Highlights:
• Three generous bedrooms with built-in robes & electric twin blockout blinds
• Light-filled open-plan living and dining area
• Modernised kitchen with updated finishes and excellent storage
• Second separated toilet off the main hall
• Freshly updated central bathroom with its own toilet
• Separate laundry with outdoor access
• Split-system heating/cooling plus Newly installed Log Gas heater
• Large windows enhancing natural light and coastal feel
• Spacious backyard with established gardens and patio
• New Toolshed suitable for storage, workshop or hobby use
• Ample off-street parking with rear parking allocation.
• Strong potential for redevelopment or subdivision (STCA)
• Ideal for investors, developers or long-term land banking
Lifestyle & Location Highlights:
• Approx. 2 mins to McCrae Foreshore Beach & Bay Trail
• Approx. 3 mins to McCrae Plaza, cafés and daily conveniences
• Approx. 5 mins to Rosebud shopping precinct and cinema
• Approx. 6 mins to Dromana café and dining strip
• Approx. 7 mins to Arthurs Seat Eagle
• Approx. 10 mins to Peninsula Hot Springs
• Approx. 10-15 mins to multiple golf courses including The Dunes and Moonah Links
• Close to wineries, restaurants and cellar doors in Red Hill and Main Ridge
• Easy access to Peninsula Link for commuting to Melbourne CBD
Disclaimer:
Any development, subdivision or additional dwelling potential is subject to council approval and all relevant planning regulations (STCA).
Buyers are advised to seek independent planning and accounting advice regarding feasibility, structuring, and potential taxation implications, including but not limited to negative gearing and investment treatment of any secondary dwelling or future development outcomes.
Listing description written by Shane Fox, Ray White Rosebud — reproduced as published, not verified by Districts.