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Investment Property McCrae, VIC, 3938

Suburb Snapshot

McCrae is a suburb in the Mornington Peninsula Region of Victoria. McCrae has a population of 2,824 people and 10.71% of its occupants live in rental accommodation. The median listing price for houses is $1,290,000 and this has changed 1.97% over the past year and changed 15.95% over 2 years.

The median rent in McCrae for houses is $595 per week and the median rental yield is 2.39%. Stock on the market for houses/townhouses has changed 38.89% compared to last year and the average time to sell a house/townhouse is 84 days.The median listing price for units is $614,500 and this has changed NA over the past year. The average unit takes 62 days to sell and the median rent for a unit in McCrae is NA per week, producing a rental yield of NA.

Supply & Demand in McCrae, Mornington Peninsula

0.90%

Current vacancy rate


20

Rental stock available


2,824

Population


10.71%

Rental population


0.65%

Current vacancy rate


623

Rental stock available


154,997

Population


14.32%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for McCrae, Mornington Peninsula

  House Townhouses Units
Median listing price $1,290,000 $1,050,000 $614,500
Median price change - last quarter 3.20% 0.96% -3.23%
Median price change - 1 year 1.97% NA NA
Median price change - 2 years 15.95% NA NA
  House Townhouses Units
Median weekly rent $595 $625 NA
Median yield % 2.39% 3.09% NA
Median rent change - 1 year 4.38% NA NA
  House Units
Previous month sales 1 0
Stock on market previous month 50 2
Stock variance vs. last year 38.89% -33.33%
Average days on market 84 62

McCrae investment property listings

Showing 5 of 44 investment properties found in McCrae on realestateinvestar.com.au

15 South Rd, MCCRAE

$2,300,000

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VIC 3938


2/2 The Ave, McCrae

$1,600,000

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Luxury living steps from the beach.

Literally steps from the pristine McCrae foreshore beach, Lighthouse, and Plaza Shops is this as new luxury residence built for discerning buyers in the most enviable of locations. Privately set behind security gates, the residence offers engineered Oak flooring throughout the entrance hallway and ...

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VIC 3938


5 Morris Rd, McCrae

$2,250,000

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Luxury and lifestyle

Less than 2 years old and meticulously designed with superb attention to detail and quality, this substantial, elevated property boasts sophisticated interiors and an impressive list of inclusions. Enjoy a relaxed lifestyle in this impeccable family home which is perfect for hosting. It includes ...

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VIC 3938


21 Austin Ave, McCrae

$1,050,000

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Classic McCrae Views

Set in a quiet pocket of McCrae and embraced by peaceful surrounds and spectacular views of Port Phillip Bay. Only moments from McCrae's shoreline sits this charming original two story beach house with 5 bedrooms and a lounge, kitchen and dining area, all looking out to the expansive bay. Ideally ...

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House

VIC 3938


12 Matthew St, McCrae

$4,000,000

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Designer home a flawless coastal haven

This stunning McCrae property has graced the pages of Home Beautiful magazine, and it's easy to see why. Sophisticated design and exceptional attention to detail has provided a luxurious residence revelling in sweeping panoramas across the peninsula and bay, whilst delivering a welcoming sense of ...

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VIC 3938


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