FOR SALE
$1,300,000 - $1,430,000

24 Coburn Avenue
Mccrae VIC 3938

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 625m2
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Rare Opportunity, Prestige Position

Situated halfway up McCrae's most prominent avenue, this elevated title offers significant Bay, Heads & City views. Dual street frontage to both Coburn Avenue & Browne Street offers huge scope for you to dream, design and distinguish the site with your own significant Peninsula residence.
At approx. 625m2, the site is currently occupied by a modest, beach shack harking back to a time when simple was acceptable. Redeeming features, you be the judge? Oh, how times have changed, as this now represents perhaps the only untouched original still available in the immediate location with such potential.
This highly sought after location is home to a plethora of newly developed homes leaving this site crying out for change. The gently sloping block will invite invigorated design to capitalise on the aspect. Designers will have considerable scope by virtue of the level access from the rear.
Grab your architect and sharpen your pencil to sketch out your future amongst some of McCrae's finest homes.
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Property Details for 24 Coburn Ave, Mccrae

24 Coburn Ave, Mccrae is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 625m2. The place is currently for sale with GRANGER Estate Agents.

Building Type
House
Year Built
1940
Land Size
625m2

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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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Steve Granger
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Mike O'Neill
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