OFF MARKET

1/6 Banks Street
Mccrae VIC 3938

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 152m2
Land area: 307m2
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Property Details for 1/6 Banks St, Mccrae

1/6 Banks St, Mccrae is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2016. The property has a land size of 307m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Townhouse
Year Built
2016
Floor Size
152m2
Land Size
307m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS615376

Last Listing description (May 2023)

Warm and welcoming this three bedroom residence elevates a simple design with effortless comfort. Balanced between Arthurs Seat State Park and McCraes shallow shoreline, a 15 minute walk in either direction reveals the vibrant diversity of the Mornington Peninsula. Moments from McCrae village and access to the freeway discover a choice of local favourites and the many treasures of the Peninsula from HOVE cafe to the celebrated coastline.

Embracing simplicity with timber flooring and plantation shutters the ground floor invites instant liveability with a seamless flow across internal spaces and low-maintenance courtyard. Equipped with ample storage, stone benchtops and stainless steel appliances, the kitchen overlooks the living area welcoming conversation whilst meals are prepared.

Designed for accessibility the ground-floor main bedroom offers both a walk-in wardrobe and ensuite bathroom where stone finishes echo throughout the remaining wet areas. Perched on the first floor a second living space sits between two robed bedrooms each capturing a glimmer of Port Phillip Bay. Completing the accommodation, a home office with generous under-stair storage offers scope for a fourth bedroom.

Immersed in a self-sustaining landscape this residence invites investors and sun-seekers alike with the allure of a permanent residence or effortless lock and leave moments from the shoreline. The additions of split-system air conditioning, ducted heating, electric double window coverings (lower level), and dual lock-up garage with built-in storage enhance appeal.

Property History for 1/6 Banks St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$980,000
20 Mar 2023
  • 20 Mar 2023
    Sold for $980,000
  • 26 Jan 2023
    Listed for Sale $950,000 - $995,000
  • 23 Jan 2021
    Sold for $735,000
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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.