OFF MARKET

2 Gellibrand Street
Mccrae VIC 3938

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 129m2
Land area: 1347m2
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Property Details for 2 Gellibrand St, Mccrae

2 Gellibrand St, Mccrae is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 1347m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
House
Year Built
1950
Floor Size
129m2
Land Size
1347m2
Local Government
Mornington Peninsula
Lot/Plan
34/LP7817

Last Listing description (March 2021)

SOLD by Steve Granger 0488 333 117

A spellbinding cottage and guest house on a premium parcel of land, McCrae Cottage is set to ignite hearts and minds.

This classic beauty occupies a 1347m2 (approx) allotment in one of McCrae's most exclusive streets. It rests doors to the shore and a short walk to McCrae Village, McCrae Plaza, the McCrae Yacht Club, the Bay Trail and the bathing boxes that line McCrae Beach.

Allotments of this size by the beach are a vestige of the past, as is this pretty street where homes are held for generations. This is a rare exchanging of hands, as the property has been held by the one family for nearly 30 years.

Lush gardens lead to a charming 2-bedroom cottage with bay windows, high ceilings, a
decorative fireplace, a sparkling kitchen, 2 living rooms, separate dining and a private patio. A self-contained 2-bedroom weatherboard guest house with side entry is nestled at the rear, privately separated from the cottage by a garden terrace.

Here, spacious bedrooms and a living room share space with a central bathroom and a
kitchenette, all framed by a rose-lined veranda. It presents options for Airbnb holiday rental, extended family quarters, a home office and more.

Other features include a lock-up garage, boat/van parking, an ensuited master bedroom in the cottage, split system heating/cooling, a garden shed, a gazebo, 20 solar panels and unsurpassed tranquillity.

Property History for 2 Gellibrand St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$1,830,000
03 Jan 2021
  • 03 Jan 2021
    Sold for $1,830,000
  • 27 Dec 2020
    Listed for Sale $1,700,000 - $1,850,000
  • 12 Aug 1993
    Sold for $120,000
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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.

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.