OFF MARKET

2/5 The Avenue
Mccrae VIC 3938

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 83m2
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Property Details for 2/5 The Avenue, Mccrae

2/5 The Avenue, Mccrae is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1970. The property has a land size of 83m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
Townhouse
Year Built
1970
Floor Size
62m2
Land Size
83m2
Local Government
Mornington Peninsula
Lot/Plan
2/RP14920

Last Listing description (August 2020)

Less than 150 metres to one of the Mornington Peninsulas finest beaches, this is an amazing opportunity to secure a lucrative holiday investment in a blue chip location. Offering an enviable lifestyle just a short stroll to McCrae Plaza and cosmopolitan restaurants and cafes, the well-presented townhouse is perfect for beach lovers seeking a low-maintenance getaway or those looking to continue its success as a popular, income-earning rental.

Positioned in a small, well-maintained complex, the double-storey residence evokes coastal-inspired charm with a light-filled interior and bi-fold doors opening to a private alfresco deck surrounded by brush fencing a tranquil spot to fire up the barbecue and enjoy your morning coffee.


Delivering the perfect blend of style and functionality, the modernised kitchen features pressed metal splashbacks along with a gas cooker, electric oven and dishwasher. Upstairs are 2 good-sized bedrooms with ceiling fans one overlooking the treetops and the other capturing views of Arthurs Seat plus a central bathroom including floor-to-ceiling tiles and a timber vanity with stone basin.

Completing this appealing package is a European laundry, re-plastered and freshly painted walls, a new split-system air-conditioning unit plus a single carport with double lock up storage cupboard and additional visitor parking.

Offering easy access to transport and Peninsula Link, this property is moments to award-winning wineries, golf courses, spectacular coastal and hinterland walks and Peninsula Hot Springs. This idyllic haven could be yours in time for summer dont miss the chance to secure this sensational beachside gem and reap the rewards.

Property History for 2/5 The Avenue, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$475,000
09 Aug 2020
Listed for Rent
09 May 2019
  • 09 Aug 2020
    Sold for $475,000
  • 20 Jul 2020
    Listed for Sale $450,000 - $495,000
  • 11 Feb 2019
    Listed for Rent - Price not available
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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 27 properties listed for sale, and 5 properties listed for rent in Mccrae on OnTheHouse. According to CoreLogic's data, 88 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.