OFF MARKET

9 The Avenue
Mccrae VIC 3938

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 806m2
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Property Details for 9 The Avenue, Mccrae

9 The Avenue, Mccrae is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 806m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Floor Size
113m2
Land Size
806m2
Local Government
Mornington Peninsula
Lot/Plan
25/LP7817

Last Listing description (June 2022)

Auction Location: Onsite

Situated in one of McCrae's most coveted positions this corner allotment offers a world of possibilities. This premium site of approx. 805m2 demands a statement home in keeping with the emerging trend of coastal dwellings in one of the Peninsulas best positions.

Harking back to simpler times the ageing, white patina of this timber beach house belies a very neat and clean interior. The intact 60's feel, think strip heaters and laminate floors will have you remembering those days on the bay with your dear old Dad. It is like time stood still, but in a surprisingly subtle way back to the days when simplicity was key.

Superbly positioned approx. 200m to the foreshore this wide boulevard, aptly named the Avenue has set sales records for both land and houses in recent times.

Call your architect or call your accountant because could well be worth stretching your budget to secure such an enviable spot.

An investment in the future or an opportunity from the past, this spot will always be timeless.

Property History for 9 The Avenue, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$1,625,000
01 Dec 2021
Listed for Rent
$450/w
12 Apr 2022
  • 28 Mar 2022
    Listed for Rent - Price not available
  • 07 Dec 2021
    Listed for Sale Auction
  • 01 Dec 2021
    Sold for $1,625,000
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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 2,548 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:

  • 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 26 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.