FOR SALE
$1,720,000

3 Eddystone Street
Mccrae VIC 3938

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YES...It's that street!!

Discover the ultimate in coastal living or commercial potential with this exceptional parcel of land, perfectly positioned in the heart of picturesque McCrae. Covering approximately 1087m² with a North/South orientation, this vacant block offers a unique opportunity to design and build one or even two dream seaside retreats (STCA).
Located in the highly sought-after and tightly held Eddystone Street, this property is ideally situated near all the coastal amenities you could desire. Enjoy leisurely walks to McCrae Plaza for your everyday needs or savor the culinary delights along the vibrant restaurant strip, all just steps away. For those yearning for a seaside escape, McCrae Beach and the crystal-clear waters of Port Phillip Bay are only moments away, promising endless days of sun, sand, and relaxation.
Opportunities to secure a prime piece of beachside paradise in one of McCrae's most desirable locations are rare. Whether you're planning a permanent sea change or seeking a holiday retreat to unwind and recharge, this premier block of land offers the ideal foundation for building your coastal legacy.
Inspections by appointment, enter off Bartels Street
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Property Details for 3 Eddystone St, Mccrae

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Land

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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 2,548 properties. Over the last 5 years, Houses in Mccrae have seen a 38.01% increase in median value, while Units have seen a 31.91% increase. As at 31 October 2024:

  • The median value for Houses in Mccrae is $999,529 while the median value for Units is $815,296.
  • Houses have a median rent of $650 while Units have a median rent of $510.
There are currently 26 properties listed for sale, and 5 properties listed for rent in Mccrae on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Mccrae.

Suburb Insights for Mccrae 3938

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Steve Granger
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.