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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 $1,295,000 and this has changed -0.35% over the past year and changed 7.91% over 2 years.

The median rent in McCrae for houses is $650 per week and the median rental yield is 2.61%. Stock on the market for houses/townhouses has changed 2.17% compared to last year and the average time to sell a house/townhouse is 106 days.The median listing price for units is NA 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

0.67%

Current vacancy rate


15

Rental stock available


2,824

Population


10.71%

Rental population


0.56%

Current vacancy rate


541

Rental stock available


154,997

Population


14.32%

Rental population


0.93%

Current vacancy rate


28,886

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 $1,295,000 $1,100,000 NA
Median price change - last quarter 1.96% -6.12% NA
Median price change - 1 year -0.35% 4.76% NA
Median price change - 2 years 7.91% NA NA
  House Townhouses Units
Median weekly rent $650 $700 NA
Median yield % 2.61% 3.30% NA
Median rent change - 1 year 9.24% 7.69% NA
  House Units
Previous month sales 5 1
Stock on market previous month 47 4
Stock variance vs. last year 2.17% 100.00%
Average days on market 106 62

McCrae investment property listings

Showing 5 of 24 investment properties found in McCrae on realestateinvestar.com.au

29 Outlook Rd, McCrae

$1,300,000

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Coastal Lifestyle with Bay Views

Privileged with sweeping views of the bay, this spacious and immaculately maintained residence offers the perfect blend of comfort, functionality, and potential. Built in 2007 and presented in neat, original condition, the home is thoughtfully designed across two levels. The entry level forms the ...

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House

VIC 3938


1A Hillman Ave, McCrae

$1,400,000

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Coastal Hamptons Elegance with Bay Views

Positioned to capture stunning outlooks across Port Phillip Bay, this newly completed Hamptons-inspired residence delivers the perfect blend of coastal charm, modern luxury, and thoughtful design. Built with care and precision, this is a home that offers both relaxed seaside living and high-end ...

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House

VIC 3938


16 Riley St, McCrae

$1,010,000

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Coastal Charm

Set on a generous 889sqm block in a sought-after pocket of McCrae, this well maintained, character-rich home offers relaxed single-level living with exciting potential for future enhancement. Inside, easy-care floating floors flow throughout a light-filled floorplan, complemented by a cosy wood ...

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House

VIC 3938


92 Flinders St, McCrae

$980,000

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Charming gem with bay views and options

Presenting a sublime vista over lush treetops and an expanse of bay across to the peninsula, this charming light-filled cottage radiates a warm welcome, with period details such as high ceilings and sash windows. On a large block of approx. 804sqm, the home features decks on each level, beyond ...

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House

VIC 3938


1/2 Wattle Pl, McCrae

$780,000

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Blue-Chip Beachside McCrae

Promising both position and privacy with an address just footsteps from McCrae Beach, this ground-floor apartment presents a blue-chip residential lifestyle or lucrative investment in the heart of McCrae. Combining views of lush greenery with the expanse of Arthurs Seat, a vibrant wall of foliage ...

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Unit

VIC 3938


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