1/4 Banks Street, Mccrae, VIC 3938 | Property Value & History | OnTheHouse
OFF MARKET

1/4 Banks Street
Mccrae VIC 3938

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 241m2
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Property Details for 1/4 Banks St, Mccrae

1/4 Banks St, Mccrae is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 241m2.

Building Type
House
Land Size
241m2
Local Government
Mornington Peninsula
Lot/Plan
8/PS615376

Last Listing description (October 2025)

Luxury Low Maintenance Living

Situated in one of the most enviable locations, this luxury 3 bedroom townhouse is so close to all McCrae has to offer. Only a short stroll to McCrae Plaza, The Bay Trail and a few steps further to the blue waters of Port Phillip Bay this is your golden opportunity to purchase the perfect blend of relaxed beachside living.

With a long list of high-end inclusions this coastal three-bedroom townhouse with a modern edge encapsulates a stunning blend of quality design and sophistication positioned in an incredibly popular beachside location with easy access to all the Peninsula has to offer.

Upon entry, the large inviting open plan kitchen/ living/ dining zone with large windows and sliding doors is bathed in natural light.

Hybrid timber flooring gives a relaxed feel to this space and is complimented by the kitchen featuring Smeg 900 mm cooking appliances, 600 mm semi-integrated Smeg dishwasher, stone benchtops and plenty of cupboard space.

Creating seamless indoor/outdoor living the kitchen/dining zone opens to the alfresco living area making entertaining a breeze after long beach days.

Adding to the liveability of this home the master suite can be found on the entry level for easy day to day living featuring walk in robe and ensuite.

The Victorian Ash open tread staircase leads you to the upper level, fitted with quality carpet and comprises a retreat/family room, central family bathroom, study nook and two beautifully appointed bedrooms.

Other highlights include:

Fujitsu ducted reversed cycle (heating / cooling) zoned to ground and first floor
6 Star energy rating
Hybrid hard timber flooring to kitchen/meals/living area
Smeg kitchen appliances
Smeg semi-integrated dishwasher
20 mm stone benchtops to kitchen, bathroom, ensuite and powder room
Tiled splashbacks
Tiled shower bases
Tiles to ceiling in wet areas
Stainless steel kitchen and laundry sinks
Carpets to bedrooms and retreat/rumpus room
Family bathroom with bath, shower, vanity and separate toilet
Ensuite to master with shower, double vanity and toilet
Powder room downstairs
Aluminium windows - black
Single garage with internal access and storage
Colorbond roof
Mixed mediums - James Hardies Linea weatherboards and render thermal cladding

This beautiful home is ready for you to move into and get settled prior to the warmer months to enjoy this superior location.

With not a thing to do but move in be quick to arrange your inspection to secure the enviable Peninsula lifestyle you have dreamed off.

Property History for 1/4 Banks St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
  • 28 Oct 2025
    Listed for Sale $815,000 - $845,000
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About Mccrae 3938

The size of Mccrae is approximately 4.3 square kilometres. It has 8 parks covering nearly 23.8% of total area. The population of Mccrae in 2016 was 2823 people. By 2021 the population was 3311 showing a population growth of 17.3% in the area during that time. The predominant age group in Mccrae is 60-69 years. Households in Mccrae are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mccrae work in a professional occupation.In 2021, 80.70% of the homes in Mccrae were owner-occupied compared with 77.00% in 2016.

Mccrae has 2,586 properties. Over the last 5 years, Houses in Mccrae have seen a 25.77% increase in median value, while Units have seen a 21.68% increase. As at 31 January 2026:

  • The median value for Houses in Mccrae is $1,056,157 while the median value for Units is $803,505.
  • Houses have a median rent of $700 while Units have a median rent of $695.
There are currently 27 properties listed for sale, and 1 property listed for rent in Mccrae on OnTheHouse. According to Cotality's data, 102 properties were sold in the past 12 months in Mccrae.

Suburb Insights for Mccrae 3938

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.