OFF MARKET

1/12 Russell Street
Mccrae VIC 3938

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 189m2
Land area: 598m2
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Property Details for 1/12 Russell St, Mccrae

1/12 Russell St, Mccrae is a 4 bedroom, 2 bathroom Unit and was built in 1975. The property has a land size of 598m2 and floor size of 189m2. While the property is not currently for sale or for rent, it was last sold in July 2015.

Building Type
Unit
Year Built
1975
Floor Size
189m2
Land Size
598m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS502618

Last Listing description (June 2016)

Positioned in sought after McCrae this four bedroom brick veneer home is set on a spacious 598sqm (approx) allotment featuring extensive front and rear gardens, double carport and split level living. Set away from the street, enter the property on the upper level and be welcomed by vaulted ceilings and light filled living spaces below. On this level are the four spacious bedrooms two with built in robes and main with ensuite and walk in robe, as well as a central family bathroom and separate toilet. The lower level provides two spacious living areas both opening onto the verandah, open plan kitchen overlooking the fully fenced rear yard, dining area and ample laundry.
Only minutes to local cafes, restaurants, shops, beaches and offering an easy drive to Melbourne via the Peninsula Link only 1 hour away.
Use as a permanent home, beach getaway or investment, this property presents a fantastic opportunity with potential for a second level extension and bay views (Subject To Council Approval). Inspection highly recommended.

Property History for 1/12 Russell St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$422,000
06 Jul 2015
  • 06 Jul 2015
    Sold for $422,000
  • 25 May 2015
    Listed for Sale UNDER CONTRACT
  • 09 Oct 2006
    Transferred

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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, 87 properties were sold in the past 12 months in Mccrae.

Suburb Insights for Mccrae 3938

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Disclaimer
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.