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
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:
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