701 Point Nepean Rd, Mccrae is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 481m2 and floor size of 272m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Amazing opportunity for an astute investor to receive a guaranteed rental return of 5% for two years.
Commanding a prized position across from the beach, this brand new residence combines luxury living with state-of-the-art technology. A collaboration between multi award-winning design studio, Vibe Design Group and Master Builder Award winners, Icon Synergy, the stunning homes offer an exceptional lifestyle just a short walk to McCraes shops, restaurants and cafes.
The newly completed property is ideal for outdoor living with sun-drenched entertaining deck and Smartphone controlled solar-heated, self-cleaning swimming pool. It also offers secure parking with a vehicle turntable and remote double garage with epoxy flooring.
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 2,548 properties. Over the last 5 years, Houses in Mccrae have seen a 38.01% increase in median value, while Units have seen a 31.91% increase. As at 31 October 2024:
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