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Vacant Residential Land with Bay View Potential McCrae 3938, Mccrae$550,000
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Vacant Residential Land with Bay View Potential McCrae 3938

Mccrae, VIC 3938, Australia
Approximate location shown. Contact agent for exact address.
$550,000
424 m²

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About this property

To enquire, please email or call 1300 815 051 and enter code 6478 Secure a rare opportunity to build in a quiet, leafy pocket of McCrae with this 424m² cleared residential block. Boasting a wide street frontage and easy access, this vacant allotment is ideal for a range of home designs. A thoughtfully designed second-storey build may capture bay views (STCA), adding significant lifestyle and future value. Surrounded by established homes in a peaceful treed setting. Positioned within easy walking distance of the bay, surrounding nature reserves, public transport and local cafés, the site places lifestyle and convenience at the forefront. Direct access to the freeway offers a seamless connection to Melbourne's CBD, while close proximity to the Mornington Peninsula's celebrated wineries, day spas, golf courses and renowned schools further enhances the enduring appeal of this location. Property Features: 424m² residential vacant land Dimensions: Front 23.01mtrs, Back 27.65mtrs, RHS facing 14.87mtrs, LHS facing 19.49mtrs Cleared, street-front allotment Wide frontage suitable for quality home design Potential bay views from a second storey (STCA) Quiet, established neighbourhood Flexible settlement available Price: $595,000 (Negotiable) An excellent opportunity for owner-builders or investors looking to secure land in a tightly held coastal location. Land in final stage of subdivision. Block is situated beside 20 Talbot Grove, McCrae. To enquire, please email or call 1300 815 051 and enter code 6478

Property Details

Property Type
land
Listing Type
For Sale
Land Area
424 m²
Listed
3 months ago

Repayment calculator

$2,666/month
$1,333 /fortnight
Loan $440,000 at 6.10% over 30 years

Upfront costs

Deposit$110,000
Stamp duty$28,070
Conveyancing (est.)$2,000
Total upfront$140,070
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 land in Mccrae, VIC 3938 sits within reach of public transport, local shops local amenities. It is listed 40% below the $910,000 median of 71 comparable landswithin 5 km.

What's nearby

  • The Avenue/Point Nepean Rd (bus)76 m away
  • McCrae Plaza Laundrette117 m away
  • Unnamed465 m away
  • Unnamed569 m away
  • Woodvale Grove Reserve774 m 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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