OFF MARKET

8 The Avenue
Mccrae VIC 3938

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 102m2
Land area: 844m2
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Property Details for 8 The Avenue, Mccrae

8 The Avenue, Mccrae is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 844m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1970
Floor Size
102m2
Land Size
844m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP58096

Last Listing description (December 2020)

Reminiscent of a tropical resort oasis with a breathtaking poolside entertaining area, this extraordinary residence sets a new benchmark for luxury living just 100 metres (approx.) from one of the Peninsulas finest beaches. A private sanctuary in a picturesque, tree-lined street, the palatial 4-bedroom, 4-bathroom property is a commanding presence in McCraes sought-after beachside precinct where you can stroll to shops, boutique restaurants and cafes, the Yacht Club and Lighthouse all within minutes.

Built by renowned local construction company, Stratford Builders, the custom-designed home on 844m2 (approx.) is a showpiece of sophistication and quality craftsmanship with high ceilings and generous proportions complemented by stunning Western Australian sandstone feature walls and wormy chestnut timber floors.

Designed to host the most memorable gatherings, the exquisite chefs kitchen boasts a large butlers pantry, stone benchtops and premium appliances, while a magnificent alfresco deck with an outdoor kitchen sets the scene for family barbecues. Set amongst lush, low-maintenance gardens, the incredible outdoor space evokes all the relaxed ambience of an island resort with a solar/gas-heated swimming pool and spa, an undercover entertaining area and a pool house (or guest suite) complete with a built-in bar and bathroom.

Providing an abundance of space, the flexible layout features 2 huge living zones, a fully integrated home office, 2 indulgent master suites with walk-in robes and ensuites plus a well-appointed central bathroom. Other highlights include ducted heating/cooling, a gas log fireplace, ducted vacuum, a home automation system, video intercom and a remote triple garage with additional parking for your boat or motorhome.

In a class of its own, this is a rare and exciting opportunity to live the ultimate beachside dream with easy access to award-winning attractions, transport and Peninsula Link.

Property History for 8 The Avenue, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$2,550,000
16 Dec 2020
  • 16 Dec 2020
    Sold for $2,550,000
  • 27 Nov 2020
    Listed for Sale $2,400,000 - $2,640,000
  • 09 Jan 2003
    Sold for $335,000
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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 2,547 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:

  • The median value for Houses in Mccrae is $999,529 while the median value for Units is $815,296.
  • Houses have a median rent of $650 while Units have a median rent of $510.
There are currently 25 properties listed for sale, and 5 properties listed for rent in Mccrae on OnTheHouse. According to CoreLogic's data, 87 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.