OFF MARKET

37 Bowen Street
Mccrae VIC 3938

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 237m2
Land area: 1737m2
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Property Details for 37 Bowen St, Mccrae

37 Bowen St, Mccrae is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 1737m2 and floor size of 237m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Year Built
2014
Floor Size
237m2
Land Size
1737m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP117481

Last Listing description (October 2020)

Commanding an exclusive position on the fringe of picturesque Arthurs Seat, this breathtaking hillside haven offers B&B potential on a glorious 1737m2 (approx.) parcel of land. Surrounded by towering trees and lush expanses of lawn, the substantial 5-bedroom, 4-bathroom residence offers an enviable lifestyle where you can enjoy the tranquil sound of birdlife and scenic bushwalks just minutes from shops, restaurants, cafes and beautiful McCrae Beach.

Showcasing a timeless, Hampton-inspired design with soaring cathedral ceilings, stunning oak floors and a sunny, north-facing aspect, the striking home features a sleek stone kitchen with stainless-steel appliances, a vast living area with a gas log fireplace and a fabulous undercover entertaining deck overlooking the immaculate grounds.

The flexible layout comprises an indulgent master suite with a sumptuous en suite and walk-in robe plus 4 generous bedrooms on the lower level including 2 self-contained guest suites with outdoor decks and private access. Currently operating as a boutique holiday rental, this is an incredible opportunity for those wanting to realise their B&B dream, with 2 additional bedrooms offering further accommodation. The property will also appeal to those seeking extra space for parents, in-laws or a live-in nanny or alternatively, the lower level would make a terrific family retreat with a potential rumpus/games room and home office.

Complete with split-system heating/cooling, underhouse storage, a double carport and ample room for a swimming pool, this spectacular oasis is moments from popular wineries, golf courses and other attractions. Dont miss the chance to secure this truly unique offering and enjoy the ultimate sea change.

Property History for 37 Bowen St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$1,550,000
21 Oct 2020
  • 21 Oct 2020
    Sold for $1,550,000
  • 15 Oct 2020
    Listed for Sale $1,390,000 - $1,525,000
  • 20 Dec 2016
    Listed for Sale $1.5 million
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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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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.