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 › Cinerama Cres
$1,035,000
Last sold
14 June 2025
3
Bedrooms
2
Bathrooms
5
Car spaces
822 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
$1,035,000
14 June 2025 · derived via latest_sale
Local land rate: recorded House sales in Mccrae (last 5 years) with land size have a median of $1,300/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
-5.9%
Median sale
Suburb $1,100,000
+0.16 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 YPA RyePerched high in the coveted back streets of McCrae, 84 Cinerama Crescent is a residence that seems to exist in perfect dialogue with the horizon. From its elevated vantage point, the home commands an uninterrupted panorama of Port Phillip Bay-an ever-shifting canvas of light, colour, and serenity.
The setting alone is remarkable, but it is the west-facing orientation that transforms this property into something truly special. As the sun begins its descent, the entire living space is bathed in gold. The sky deepens into shades of apricot and indigo, and the sea below reflects every moment. From the open-plan living room-expansive, light-filled, and fluid-the views are constant and immersive, drawing the eye outward through generous picture windows and glass doors that frame each evening like a living painting.
Step outside onto the elevated, undercover entertaining deck and the experience deepens. Here, suspended above the coastal plain, the world feels far away. This is a space designed for lingering: morning coffee with the sound of birdsong in the air, long lunches with a breeze off the bay, and evenings that stretch into twilight as the last light fades behind the distant horizon.
The home itself is a quietly confident celebration of its mid-century origins. Though sympathetically updated over the years, much of its original character remains intact-timber detailing, generous proportions, a cosy wood burning fire, and a floor plan that favours connection with both landscape and light. Three bedrooms-two with direct deck access and bay views-offer sanctuary and space, while two well-considered bathrooms and a functional kitchen ensure comfort without distraction.
Tucked privately at the rear of the block is an unexpected delight: a freestanding studio that enjoys its own northwest outlook. Whether imagined as an artist's retreat, consulting space, or guest accommodation, it adds a layer of versatility that is as rare as it is welcome.
Encircling the home are natural, low-maintenance gardens-tidy, thoughtful, and perfectly in keeping with the relaxed elegance of the property. They frame without overwhelming, allowing the architecture and setting to remain the quiet heroes.
84 Cinerama Crescent is more than a home-it is a place of perspective, a vantage point from which to savour the rhythm of the day and the grandeur of nature's theatre. For those seeking a permanent sea change or a refined coastal escape, this is a home that invites you to pause, exhale, and simply watch the sun set.
Property Features Include:
- Elevated west facing position and magnificent views out across the sparkling shores of Port Phillip Bay.
- Mid century charm.
- Three generous bedrooms (two with bay views and direct access to the outdoors).
- Two bathrooms.
- Light filled and open plan living, kitchen, and dining.
- Cosy wood burning fire.
- Rear garden studio - perfect for an artist, home office, or guest accommodation.
- West facing undercover outdoor deck that captures breathtaking sunsets and sweeping bay vistas.
- Low maintenance gardens.
- Huge four car garage with remote roller door, plus carport.
- Large 822*m2 allotment.
*All distances and measurements are approximate only.
Listing description written by Katrina Talarico, YPA Rye — reproduced as published, not verified by Districts.