SOLD
Sold on 07 Apr 2024 for $1,000,000

41 Navigator Street
Mccrae VIC 3938

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1508m2
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Property Details for 41 Navigator St, Mccrae

Building Type
Land
Land Size
1508m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS647182

Last Listing description (July 2024)

Set atop a leafy hillside in the increasingly popular McCrae, is an incredible opportunity to secure a prime vacant lot in this secluded position.

With expansive bay views, this hilltop land is a generous 1,523sqm (approx.) and has all services ready from a sealed bitumen road. The land has been flattened and the planning permit has been approved for an architectural residence, featuring 5 beds, 3 bathrooms and 2 powder rooms, all sprawled across 3 levels. Designed by world-renowned, John Demos Architects, this elegant property includes an underground garage, lift, workshop and basement, pool, courtyard, and spacious deck.

The perfect location to enjoy your beachside lifestyle, with close access to McCrae shops, restaurants, and cafes, as well as all the Mornington Peninsula has to offer.

Property History for 41 Navigator St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$1,000,000
07 Apr 2024
  • 08 Apr 2024
    Listed for Sale $950,000 - $1,045,000
  • 07 Apr 2024
    Sold for $1,000,000
  • 15 Nov 2023
    Listed for Sale $950,000 - $1,045,000
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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 34 properties listed for sale, and 6 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.