1/709 Point Nepean RoadMccrae VIC 3938
Property Details for 1/709 Point Nepean Rd, Mccrae
1/709 Point Nepean Rd, Mccrae is a 2 bedroom, 1 bathroom Townhouse and was built in 1975. The property has a land size of 206m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (July 2012)
DEVELOPMENT POTENTIAL (STCA)
LOCATION, LOCATION, LOCATION. A RARE OPPORTUNITY TO SECURE A PRIME PIECE OF THE MORNINGTON PENINSULA RIPE FOR RENOVATION OR FUTURE DEVELOPMENT (STCA). SITUATED ACROSS THE ROAD FROM THE MC CRAE YACHT CLUB AND THE SANDY SHORES AND SPARKLING WATERS OF PORT PHILLIP BAY AND ONLY A FEW MINUTES WALK TO TRENDY RESTAURANTS AND CAFE'S. THE PROPERTY CURRENTLY CONSISTS OF 3 X 2 BEDROOM AND 1 X 1 BEDROOM BV UNITS ON ONE TITLE ALL CURRENTLY LEASED ON MONTH TO MONTH TENANCIES WITH TOTAL LAND AREA OF APPROX 987SQM AND SUBJECT TO FORMAL APPROVAL, OFFERS A TREMENDOUS OPPORTUNITY TO DEVELOP THE PROPERTY WITH TOWNHOUSES, UNITS OR BUILD YOUR DREAM HOME IN THIS FANTASTIC LOCATION. THE POSSIBILITIES ARE ENDLESS AND THE CHOICE IS YOURS. INSPECTION IS STRICTLY BY APPOINTMENT BY CONTACTING MIKE PHILLIPS ON 0418 327 801. MIKE PHILLIPS : 0418 327 801
Property History for 1/709 Point Nepean Rd, Mccrae, VIC 3938
- 20 Aug 2021Sold for $662,500
- 08 Jan 2013Listed for Rent $150 / week
- 22 Jun 2012Listed for Sale FORTHCOMING AUCTION
Recent sales nearby
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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 2,587 properties. Over the last 5 years, Houses in Mccrae have seen a 34.25% increase in median value, while Units have seen a 26.56% increase. As at 30 November 2025:
- The median value for Houses in Mccrae is $1,054,277 while the median value for Units is $816,924.
- Houses have a median rent of $650 while Units have a median rent of $690.
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