121 Bayview Road, Mccrae, VIC 3938 | Property Value & History | OnTheHouse
OFF MARKET

121 Bayview Road
Mccrae VIC 3938

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1242m2
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Property Details for 121 Bayview Rd, Mccrae

Building Type
Land
Land Size
1242m2
Local Government
Mornington Peninsula
Lot/Plan
4/LP125520

Last Listing description (October 2023)

Here we have an outstanding opportunity to realise the dreams of a Mornington Peninsula lifestyle with an abundance of scope for growth. Build your dream home on a large 1240 sqm (approx) vacant block overlooking McCrae. Take advantage of majestic panoramic views across Port Phillip Bay and enjoy an easy 15 minute walk to McCrae Plaza, trendy cafe's and the magnificent beach, light house and yacht club. A gentle rise on the property allows for a multi-storey residence that would capture the view and complement the relaxed natural splendour. All services are available and ready to connect with the potential to be enjoying the Summer within months (STCA). Enjoyment begins where an investment appreciates with the rhythms of coastal living, surrounded by stunning beaches, parks and the famous vineyard's yet just a short drive to Melbourne.

* Rarely offered
* Magnificent Port Phillip Bay view potential

* Build a dream home
* Drive or walk to bay and ocean beaches
* All services available & ready to connect
* Gently sloping block
* Ideal location close to cafes & restaurants
* Capitalise on development in a growth pocket
* Enviable access to the Peninsula lifestyle
* Close to Mornington Peninsula freeway

Property History for 121 Bayview Rd, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$555,000
14 Mar 2017
  • 19 Oct 2023
    Listed for Sale Not Disclosed
  • 14 Mar 2017
    Sold for $555,000
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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 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.
There are currently 25 properties listed for sale, and 1 property listed for rent in Mccrae on OnTheHouse. According to Cotality's data, 98 properties were sold in the past 12 months in Mccrae.

Suburb Insights for Mccrae 3938

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.