Located just 250m (approx.) to the golden shores of McCrae Beach and a quick stroll to shops, restaurants and cafes, this vacant parcel of land presents an outstanding development opportunity. Nestled in a quiet, blue chip pocket, the 743m2 (approx.) allotment boasts a sought-after position that is certain to impress.
The property is ideal for building your dream home (STCA) and enjoying a magnificent lifestyle capturing potential views from any level in your home and with stunning beaches on your doorstep. Walk to the pristine waters of Port Phillip Bay, the Yacht and Lifesaving Clubs, popular eateries plus McCrae Plaza all within minutes. Close to bus stops, boat ramps and other amenities, the block is nestled between Dromana and Rosebud s vibrant shopping and restaurant strips and offers easy access to Peninsula Link. Scenic hinterland walks, wineries and award-winning golf courses are among other attractions within close reach.
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:
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