40 Riley Street, Mccrae, VIC 3938 | Land for sale | OnTheHouse
 
FOR SALE
$800,000 - $850,000

40 Riley Street
Mccrae VIC 3938

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 954m2
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Build Your Dream Peninsula Retreat or Subdivide (STCA) – 954m2 with Potential Bay Views

Tucked away in a quiet, family-friendly pocket of McCrae, this expansive 954m2 (approx.) parcel of land is the ultimate blank canvas, offering outstanding design potential and development possibilities (STCA).
With the potential for Bay views from a second level, you'll be treated to sparkling water vistas and unforgettable sunsets every day.
Enjoy the best of coastal living with beaches, bay trails, and local attractions all within close reach. This is your chance to create the ultimate lifestyle in one of McCrae's most sought-after locations.
Key Features:
• Generous 954m2 (approx.) block – ideal for a large home or potential development (STCA)
• Potential for panoramic Bay views from second level
• Quiet, family-friendly location – set within a peaceful pocket of McCrae
• Close to McCrae's stunning beaches
• Easy access to local conveniences – moments from McCrae Plaza, Rosebud Shopping Centre, and Rosebud Plaza
• Adventure on your doorstep – explore Arthurs Seat Park, McCrae Lighthouse, local golf courses and scenic bay trails
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Property Details for 40 Riley St, Mccrae

Building Type
Land
Land Size
954m2
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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.

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Michael Stylman
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