1 Russell StreetMccrae VIC 3938
Property Details for 1 Russell St, Mccrae
1 Russell St, Mccrae is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 2003m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Last Listing description (March 2017)
Set on an enormous 2020sqm (approx) elevated allotment showcasing breathtaking panoramic views across Port Phillip Bay to the Heads, this timeless retro retreat with in-ground swimming pool presents an absolutely golden opportunity in a priceless location. Cute as a button with old-school 1960s charm, the home is loaded with possibilities to use as a groovy weekender, renovate or utilise the plans and permits already approved to extend the residence. The massive corner block also provides the perfect site to demolish and construct a contemporary dream home with priceless water views. The home features two living areas, including lounge/dining horseshoeing around the spacious kitchen, as well as large games room with built-in bar and wall of windows framing the coastline. Two of three bedrooms share the water views on the upper level, while on the lower level is a fourth bedroom and second bathroom in the laundry off the huge under-house area, with the potential to easily expand the size of this unique seaside sanctuary just 1km from the shoreline.
- Retro beach house with in-ground pool and million-dollar bay views
- Renovators delight or groovy weekender, with plans & permits approved to extend
- Primo site to demolish & build luxury beach house
- Hardwood construction & skillion ceiling
- 2nd living area & large kitchen, plus upper & lower level bathrooms
- Abundant fruit trees & expansive flat lawn
- Carport, shed, pool deck, pool shed & playground
- Ideal landbank for the future
Property History for 1 Russell St, Mccrae, VIC 3938
- 18 Feb 2017Sold for $1,125,000
- 13 Jan 2017Listed for Sale AUCTION SATURDAY 18TH FEB AT 11AM
- 03 Sep 2010Sold for $600,000
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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.
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