55 Armstrong RoadMccrae VIC 3938
Property Details for 55 Armstrong Rd, Mccrae
Last Listing description (May 2026)
Flat Blue-Chip Coastal Block with Strong Development Upside (STCA)
Prime 948sqm Development Site with Subdivision Potential (STCA)
An outstanding opportunity awaits at 55 Armstrong Road, McCrae - a substantial 948sqm (approx.) flat and cleared allotment primed for subdivision and residential development (STCA).
With its generous proportions, wide frontage, and highly usable layout, this is the ideal site for developers, builders, or investors seeking their next multi-dwelling project. Whether you're planning a boutique townhouse development or a premium dual-occupancy build, the foundations are already in place for a rewarding outcome.
Perfectly positioned in a tightly held coastal pocket, the property combines development flexibility with strong lifestyle appeal - a winning formula for future resale or investment success.
Development & Construction Highlights:
948sqm (approx.) flat, cleared allotment
Wide frontage allowing flexible design outcomes
Ideal for subdivision and multi-townhouse development (STCA)
Potential for 2 or 3 premium residences (STCA)
Excellent site dimensions for efficient building envelopes
Blank canvas with no demolition required
Strong resale appeal in a sought-after coastal market
Attractive opportunity for builders, developers, and land-bank investors
Location Advantages:
Less than 3km (approx.) to the beach and foreshore
Positioned in a highly desirable pocket of McCrae
Easy freeway access for seamless city commuting
Close to shops, cafs, schools, and essential amenities
Strong demand for quality new builds in the area
Rarely does a development-ready site of this size, flexibility, and location become available. Secure this exceptional parcel and capitalise on the opportunity to deliver a high-quality residential project in one of the Mornington Peninsula's most sought-after coastal communities.
Property History for 55 Armstrong Rd, Mccrae, VIC 3938
- 27 Nov 2025Listed for Sale $760,000 - $820,000
- 30 Jul 2024Listed for Sale $840,000 - $875,000
- 13 Aug 2020Listed for Sale $295,000 - $320,000
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0About 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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