SOLD
RECENT ADVICE
Sold on 19 Oct 2024 for $825,000

2 Armstrong Road
Mccrae VIC 3938

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 874.9m2
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Property Details for 2 Armstrong Rd, Mccrae

Building Type
Land
Land Size
874.9m2

Last Listing description (October 2024)

Nestled in the heart of the picturesque suburb of McCrae, this vacant block of land at 2 Armstrong Road presents a rare and exciting opportunity to build your dream home in a sought-after location (STCA). Boasting a generous size of 874.9sqm (approx.) with an impressive street frontage of 63m (approx.), this property is a canvas for your architectural aspirations.

Key Features:
• Land Size: 874.9sqm (approx.) corner block

• Frontage: 63m (approx.)
• Zoning: DDO1 Development/Subdivision potential (STCA)
• Bay Glimpses: The elevation of the property provides the potential for bay glimpses from a second storey.

Nearby Amenities and Points of Interest:
• Beach Access: Only 1.6km to the pristine McCrae foreshore, allowing you to enjoy the sun, sand, and sea at your convenience.
• Local Schools: Close proximity to reputable schools, making it an ideal location for families.
• Shopping & Dining: Explore the vibrant local shopping precincts with McCrae Plaza only 1.4km away and Rosebud Plaza and shops less than 5km away putting an array of dining and shopping options at your fingertips.
• Transportation: Convenient access to public transport and just 1km to the Freeway onramp for easy commuting.

This is a rare chance to secure a substantial landholding in a coveted location. Don't miss the opportunity to create your dream residence or explore the potential for development (STCA). Contact us today to discuss how this unique property can become the canvas for your new chapter in the beautiful McCrae community.

Disclaimer: All measurements and details are approximate

Property History for 2 Armstrong Rd, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$825,000
19 Oct 2024
  • 19 Oct 2024
    Sold for $825,000
  • 15 Oct 2024
    Listed for Sale $825,000 - $865,000
  • 04 Feb 2024
    Listed for Sale $825,000 - $865,000

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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 2,556 properties. Over the last 5 years, Houses in Mccrae have seen a 37.98% increase in median value, while Units have seen a 33.40% increase. As at 31 December 2024:

  • The median value for Houses in Mccrae is $984,814 while the median value for Units is $815,452.
  • Houses have a median rent of $650 while Units have a median rent of $515.
There are currently 33 properties listed for sale, and 7 properties listed for rent in Mccrae on OnTheHouse. According to CoreLogic's data, 86 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.