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Mccrae
VIC, 3938 - Mornington Peninsula

Thinking about buying in Mccrae? Now could not be a better time, with 2887 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,443,000 with prices in this suburb ranging from $405,000 to $6,405,000. Mccrae is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $387.31
Median Monthly Mortgage $1883.31
Median Persons Per Bedroom 0.68
Average Household Size 2.00
Average Age 55.08
Average Income $715.23
Average Cars Per Dwelling 1.94
Average Properties Within 50M 10

Housing Stock

Average Property Prices

1 Bed  $1,106,000
2 Bed  $1,047,000
3 Bed  $1,280,000
4 Bed  $1,664,000
5 Bed  $1,906,000
6 Bed+$1,819,000

Mccrae Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Mccrae driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Mccrae due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Mccrae provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Mccrae necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Mccrae we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mccrae a better buying opportunity than it may have been in the past.

Houses for sale Mccrae

Belle Property 34 ARMSTRONG RD, MCCRAE, VIC, 3938 Beds3 Bathrooms2 Parking 2 $800,000 - $880,000
Belle Property UNIT 3, 9 HILLMAN AV, MCCRAE, VIC, 3938 Beds2 Bathrooms2 Parking 1 $630,000 - $690,000
Belle Property UNIT 2, 38 HILLMAN AV, MCCRAE, VIC, 3938 Beds3 Bathrooms2 Parking 1 $750,000 - $820,000
Belle Property UNIT 1, 10 BENTLEY RD, MCCRAE, VIC, 3938 Beds5 Bathrooms2 Parking 3 $1,100,000 - $1,200,000
Belle Property 22-24 ALEXANDER PDE, MCCRAE, VIC, 3938 Beds3 Bathrooms2 Parking 2 $2,500,000 - $2,750,000
Belle Property 15 SOUTH RD, MCCRAE, VIC, 3938 Beds3 Bathrooms2 Parking 3 $1,950,000 - $2,145,000
Belle Property 6 GEORGIANA PL, MCCRAE, VIC, 3938 Beds4 Bathrooms3 Parking 4 $1,600,000 - $1,750,000
Belle Property 7 THE EYRIE, MCCRAE, VIC, 3938 Beds Bathrooms $1,500,000 - $1,650,000
OneAgency 19 WILLIAM ST, MCCRAE, VIC, 3938 Beds3 Bathrooms1 Parking 0 $ 1,825,000 - $ 1,950,000
Woodards 59 ARMSTRONG RD, MCCRAE, VIC, 3938 Beds4 Bathrooms2 Parking 1 $1,090,000 - $1,150,000
Woodards 16 COOK ST, MCCRAE, VIC, 3938 Beds5 Bathrooms3 Parking 3 EOI - Closing 6 Nov 5pm - $1,400,000 - $1,500,000

Local Schools

Rosebud Primary School

Dromana Primary School

Our Lady of Fatima School

(While the above schools are located with the suburb of Mccrae there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Mccrae weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.413.824.746.686.53.624.7
Feb1.214.325.844.286.23.320.3
Mar1.413.023.646.487.13.015.4
Apr2.110.520.052.289.52.711.9
May2.48.416.757.889.32.98.4
Jun2.46.414.363.790.32.67.2
Jul2.06.213.761.488.73.17.4
Aug2.26.814.655.487.93.510.2
Sept2.47.817.249.788.63.514.4
Oct2.29.119.149.888.73.419.2
Nov2.111.021.150.688.63.222.4
Dec2.012.423.448.188.03.426.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Arthurs SeatRosebudRosebud WestCapel SoundMain RidgeBoneoDromanaRed HillSafety BeachTootgarook

Public Transport


General Points of Interest

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