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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 21 investment properties found in McCrae on realestateinvestar.com.au

30 Coburn Ave, McCrae

$1,450,000

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Options Galore with Dazzling Bay Views

High on the hill on 921sqm approx., this cherished 3 bedroom 2 bathroom weatherboard home is an exciting renovator, new home site or development proposition (Subject to Council Approval) ready to make the most of its panoramic bay views. Generously proportioned, this classic abode is offered for ...

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House

VIC 3938


6A Foothills Ave, McCrae

$980,000

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Embrace Beachside Living in McCrae's Stunning Hidden Gem

Imagine a single level home that combines space, style and the perfect location with only a short 5 minute walk to the local shops and beach. This spacious unit offers an ideal retreat for a rightsizing couple who refuse to compromise on comfort. As you step through the front door, you're greeted ...

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VIC 3938


10 Somers Ave, McCrae

$1,200,000

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Panoramic bay views in a garden oasis

On the edge of the hill on 1,652sqm approx. with incredible bay views spanning from Arthurs Seat across to Rosebud, this rambling 3 bedroom 2 bathroom holiday style home has plans and permits for a stunning renovation. In a terraced landscape with locally sourced granite, a self-filtering pond ...

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House

VIC 3938


5/5 The Ave, McCrae

$630,000

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Beachside Bliss in a Prime McCrae Location

Less than 150 metres from one of Mornington Peninsula's finest beaches, this coastal retreat offers an unbeatable lifestyle in a prime location. A short stroll to McCrae Plaza, cafés, and restaurants, this stylish townhouse is perfect for beach lovers seeking a low-maintenance getaway or savvy ...

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Unit

VIC 3938


20 Wattle Pl, McCrae

$900,000

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Prime Investment Opportunity in McCrae A Renovators Dream or Su

Located just a short stroll from the stunning McCrae Foreshore and within easy reach of all the amazing amenities the Mornington Peninsula has to offer, this property presents an exciting opportunity for investors, developers, or those with a vision. Currently tenanted on a month to month ($490 a ...

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VIC 3938


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