FOR SALE
$ 1,825,000 - $ 1,950,000

19 William Street
Mccrae VIC 3938

Bedrooms: 3
Bathrooms: 1
Car spaces: -
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Beachside Opportunity with Bay Views

* Private Inspections Invited*
This 1284sqm sub-dividable (STCA) allotment is an opportunity with desirable outcomes for developers, holiday home buyers, permanent residents and investors.
The existing 3 bedroom weatherboard home nestled in a beautiful setting offers a rejuvenation renovation and extension opportunity for those seeking the upside.
Or perhaps you are suited to building one substantial home over the entire site that offers space for a pool and a sizeable building envelope to realise your dreams and enjoy the location.
Alternatively, take advantage of the existing dwelling and rent it out while you prepare plans and permits to maximise the subdivision opportunity and build 2, 3 or 4 new homes (STCA) where bay views can be expected from the upper levels.
This property resides in a great location, is a short walk to the beach, provides easy access to the local restaurant and shopping precincts and has nearby access on and off the freeway. A truly desirable location and an opportunity to add value.
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Property Details for 19 William St, Mccrae

19 William St, Mccrae is a 3 bedroom, 1 bathroom House. The place is currently for sale with One Agency Peninsula.

Building Type
House

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About Mccrae 3938

The size of Mccrae is approximately 4.3 square kilometres. It has 8 parks covering nearly 23.8% of total area. The population of Mccrae in 2011 was 2,543 people. By 2016 the population was 2,836 showing a population growth of 11.5% in the area during that time. The predominant age group in Mccrae is 60-69 years. Households in Mccrae are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mccrae work in a professional occupation. In 2011, 80.4% of the homes in Mccrae were owner-occupied compared with 77% in 2016.

Mccrae has 2,529 properties. Over the last 5 years, Houses in Mccrae have seen a 42.65% increase in median value, while Units have seen a 29.18% increase. As at 31 August 2024:

  • The median value for Houses in Mccrae is $1,008,910 while the median value for Units is $806,609.
  • Houses have a median rent of $650 while Units have a median rent of $520.
There are currently 23 properties listed for sale, and 3 properties listed for rent in Mccrae on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Mccrae.

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Renee Kostiuk
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One Agency Peninsula
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