OFF MARKET

1 Banks Street
Mccrae VIC 3938

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 158m2
Land area: 1014m2
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Last updated 30 Sep 2024
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Property Details for 1 Banks St, Mccrae

1 Banks St, Mccrae is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1014m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in October 2013.

Building Type
House
Floor Size
158m2
Land Size
1014m2
Local Government
Mornington Peninsula
Lot/Plan
242/LP31231

Last Listing description (September 2013)

This fantastic family home is nestled in the foothills of McCrae and is awaiting its new owners. Set on just over 1000m2 block with two street frontages this home is perfect for a tradesman or anyone with trailers or a caravan to store. The brick veneer home comprises of 4 good sized bedrooms (master with W.I.R & ensuite) 2 living areas with a formal lounge/dining off the entry with cosy gas heater and a large open plan kitchen, meals and family room with gas wall furnace and a split-system air-con. The family room has a sliding door out to the undercover entertaining area with fernery and with close access to the double remote garage (big enough for 2 cars plus a workshop). This home has a lot going for it and is priced to sell in this niche market of McCrae. So if youre looking for a family home, solid investment or a great weekender then this is well worth a look!

Property History for 1 Banks St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$515,000
13 Oct 2013
  • 13 Oct 2013
    Sold for $515,000
  • 14 Sep 2013
    Sold for $515,000
  • 23 Jun 2013
    Listed for Sale $535,000
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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 2,529 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 24 properties listed for sale, and 3 properties listed for rent in Mccrae on OnTheHouse. According to CoreLogic's data, 85 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.