OFF MARKET

1 South Road
Mccrae VIC 3938

Bedrooms: 2
Bathrooms: 1
Car spaces: 5
Floor area: 99m2
Land area: 429m2
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Property Details for 1 South Rd, Mccrae

1 South Rd, Mccrae is a 2 bedroom, 1 bathroom House with 5 parking spaces and was built in 1960. The property has a land size of 429m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in June 2011.

Building Type
House
Year Built
1960
Floor Size
99m2
Land Size
429m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS337061

Last Listing description (May 2011)

Beachside Serenity in McCrae
Wow! What a spot. Invest before the market really skyrockets with the impending completion of the Frankston By-pass. This is a well maintained classic weatherboard in a corner position just 250m to the beach in McCrae. Comfort plus with aesthetic, old world touches including 9 ft ceilings, sash windows, polished hardwood floors, 2 large bedrooms plus utility/guest bedroom with separate entry. A new designer kitchen forms the hub of a generous living area that extends to covered porch areas both front and rear. A serene, well fenced & private north facing garden is fabulous for lazy BBQ's or relaxed gardening. Single carport and separate street entry for boat or caravan. The front balcony has pleasing views to Arthurs Seat. Easy walking distance to McCrae Plaza and the white sandy shores of McCrae beach down a secluded lane off Rose Court. Currently tenanted, the property is showing excellent returns with solid tenant until Jan 2012.
Additional feature/s - Fully Fenced; 4 Offstreet Parking; Public Transport: Close by; Tidy Gardens; Garden Shed; Patio.

Property History for 1 South Rd, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$440,000
05 Jun 2011
Listed for Rent
$320/w
01 Jan 2011
  • 16 Jan 2015
    Listed for Sale OFFERS OVER 695000
  • 18 Oct 2014
    Listed for Sale Not Disclosed
  • 14 Jun 2014
    Listed for Sale ESTIMATED PRICE RANGE $700,000 - $770,000
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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.

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