3/34 Wattle RoadMccrae VIC 3938
Property Details for 3/34 Wattle Rd, Mccrae
3/34 Wattle Rd, Mccrae is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2024. The property has a land size of 314m2 and floor size of 151m2.
Last Listing description (April 2026)
**Private Inspection by Appointment**
Call Michael Stylman on 0417 019 338 to arrange a private inspection.
Where exceptional design meets effortless coastal living, this architecturally designed townhouse delivers a refined, low-maintenance lifestyle with premium finishes, generous proportions and a beautiful sense of space throughout.
With an impressive 3m+ ceiling height across the open-plan kitchen, living and dining zone, the home feels instantly expansive and light-filled. Sliding doors extend the living to a private deck, creating an ideal indooroutdoor setting for entertaining or relaxed Peninsula weekends.
Designed for flexibility, the layout includes a ground-floor bedroom (perfect as a guest suite, main bedroom alternative or home office), while upstairs features two additional bedrooms, a second living area, and a luxurious central bathroomoffering genuine separation and comfort for families, professionals or future downsizers.
Investment-ready: the property is currently leased, with approximately 11 months remaining on the tenancymaking it an ideal set-and-hold opportunity while you plan ahead for future occupation or holiday use.
Investment appeal: Currently leased at $3,194 per month (approx. $38,328 p.a.), offering an estimated gross rental yield of approx. 4.3%4.7% based on the indicative price range of $810,000$890,000.
*Gross yield is an estimate only, calculated on current rent and indicative purchase price range; excludes outgoings, management fees, vacancy periods and any future rental adjustments.
Conveniently positioned in McCrae for easy access to local amenities and major connecting routes, you're also just a short drive from McCrae's pristine beach, cafs, village shopping and everything the Mornington Peninsula is loved for.
Features you'll love:
Architect-designed townhouse in a boutique setting
3 bedrooms, 2 bathrooms plus a second living zone
3m+ ceilings to the kitchen / living / dining for standout scale and light
Stylish open-plan living flowing to a private deck
Designer kitchen with quality appliances and excellent storage
Ground-floor bedroom offering flexible living options
Built-in robes and well-zoned accommodation
Secure garage parking
Low-maintenance outdoor area
A standout opportunity for investors today, and an exceptional lifestyle choice for tomorrowpremium McCrae living with the flexibility to plan your next move.
Property History for 3/34 Wattle Rd, Mccrae, VIC 3938
- 19 Jan 2026Listed for Sale $810,000-$890,000
- 04 Nov 2024Listed for Rent $750 / week
Recent sales nearby
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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 2,573 properties. Over the last 5 years, Houses in Mccrae have seen a 11.98% increase in median value, while Units have seen a 10.77% increase. As at 30 April 2026:
- The median value for Houses in Mccrae is $1,025,728 while the median value for Units is $789,196.
- Houses have a median rent of $725 while Units have a median rent of $693.
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