55 Armstrong Road, Mccrae, VIC 3938 | Land for sale | OnTheHouse
 
FOR SALE
$740,000 - $780,000

55 Armstrong Road
Mccrae VIC 3938

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Land area: 948m2
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Great Value McCrae Land - What a Great Location

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)
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Property Details for 55 Armstrong Rd, Mccrae

Building Type
Land
Land Size
948m2
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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 2,588 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.
There are currently 31 properties listed for sale, and 13 properties listed for rent in Mccrae on OnTheHouse. According to Cotality's data, 96 properties were sold in the past 12 months in Mccrae.

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