OFF MARKET

5/40 Burrell Street
Mccrae VIC 3938

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 198m2
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Property Details for 5/40 Burrell St, Mccrae

5/40 Burrell St, Mccrae is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 198m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
Unit
Year Built
2004
Floor Size
130m2
Land Size
198m2
Local Government
Mornington Peninsula
Lot/Plan
5/PS515887

Last Listing description (January 2016)

Less than 200m from the McCrae foreshore this 3 bedroom two story townhouse is the perfect sea change for people looking to downsize or that holiday home with the convenience of a perfect location. Comprising of 3 bedrooms with a walk in robe in the master and ensuite and the other two bedrooms with built in robes, you will also appreciate the access from the other bedrooms out to the front balcony or access out to the back balcony to take in that Northerly sun. Downstairs you will be greeted by an open plan lounge/dining/kitchen with access to the back deck to entertain guests. With Gas/Electric cooking and split system heating/cooling together with a DLUG with internal and external access inspection is a must.

Property History for 5/40 Burrell St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$619,000
02 Feb 2016
  • 02 Feb 2016
    Sold for $619,000
  • 17 Oct 2015
    Listed for Sale $619,000
  • 17 Jun 2006
    Sold for $375,000
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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 2,528 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 23 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.