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637 Point Nepean Road, McCrae$2.40m
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637 Point Nepean Road

McCrae, VIC 3938, Australia
$2.30m – $2.50m
3 bed 2 bath 6 car1125 m²

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About this property

Private inspections welcome by appointment - Call Geoff 0414 282 817 Offering comfortable living for now, with potential for future opportunity with approved plans and permits for two architectural homes, this 1,125sqm (approx.) slice of McCrae heaven sits nestled within a relaxed stroll to the vibrant McCrae village, McCrae Yacht Club and Lighthouse and the turquoise waters of Port Phillip Bay. Currently operating as a successful Airbnb, the property also provides impressive short stay returns, offering an immediate income stream while future plans take shape. Whether it's a refreshing morning dip, or a relaxed walk across the pristine sands of the McCrae coastline, this iconic Mornington Peninsula address has it all. The epitome of beachfront living, cradled within a flourish of native landscape preserving privacy across this 1970's original home. Immediately met with an intermix of gentle textures, the home's native surroundings disperse to reveal space for ample off-street parking, 4 car garage/workshop with 3 phase power and double carport, before a front-facing entertaining-focus unveils itself beyond the front entrance. A brick feature wall fuses a sunken front lounge showcasing vaulted ceilings and open fireplace with an adjoining dining space complete with built-in bar, before an original kitchen centrally connects a casual, light-laden living space. Extending across the rear, a private master bedroom complete with ensuite and built-in robes, sits beyond two secondary bedrooms (built-in robes), central bathroom with tub, and designated laundry. Coastal-inspired gardens complement the homes charm, encouraging enjoyment across a rear deck before tranquility amplifies across the rear native-scape. Designed to accommodate summertime fun, a designated fire pit, outdoor sink, plumbed gas barbecue, creek with bridge, outdoor shower, smaller boat shed and separate kayak/SUP storage all enhance the comfort and coastal ambience found across the grand level allotment. The dream begins here! Call the builder to start planning your future dream abode or move forward with the existing permit at this blue-chip address.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
6
Land Area
1125 m²
Listed
3 months ago

Repayment calculator

$11,635/month
$5,818 /fortnight
Loan $1,920,000 at 6.10% over 30 years

Upfront costs

Deposit$480,000
Stamp duty$136,000
Conveyancing (est.)$2,000
Total upfront$618,000
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in McCrae

This 3-bedroom house in McCrae, VIC 3938 sits within reach of public transport, local shops local amenities. It is listed 154% above the $945,000 median of 75 comparable houseswithin 5 km.

What's nearby

  • Coburn Ave/Point Nepean Rd (bus)59 m away
  • McCrae Plaza Laundrette886 m away
  • Unnamed1.1 km away
  • Unnamed1.2 km away
  • Benbenjie Reserve1.2 km away

McCrae at a glance

Full suburb profile
Population
3,311
Median age
55
Household income
$1,433/wk
Median rent
$392/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

McCrae price trend

Median sold · House 3 bed

Compound growth -3.2% / yr over 4 yrs

$1.05mcurrent median

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Price history

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1 price change recorded for this property

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