18 Banks Street, Mccrae, VIC 3938 | Property Value & History | OnTheHouse
OFF MARKET

18 Banks Street
Mccrae VIC 3938

Bedrooms: 5
Bathrooms: 3
Car spaces: 7
Floor area: 22m2
Land area: 1019m2
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Property Details for 18 Banks St, Mccrae

18 Banks St, Mccrae is a 5 bedroom, 3 bathroom House with 7 parking spaces and was built in 2000. The property has a land size of 1019m2 and floor size of 22m2. While the property is not currently for sale or for rent, it was last transferred in October 2023.

Building Type
House
Year Built
2000
Floor Size
22m2
Land Size
1019m2
Local Government
Mornington Peninsula
Lot/Plan
3/LP67446

Last Listing description (June 2016)

An outstanding and rare property is being presented for sale in sought after McCrae. Located only a short stroll to local shops and beautiful beaches is this well presented home, you will want to call your own. Upon arriving at the property your eyes are lead up the hedge lined driveway to the beautiful front verandah. A total of five bedrooms, the master is set to the front with walk in robe, ensuite and separate living/parents retreat just across the hall. The further four bedrooms each with a built in robe share the family bathroom, separate toilet and the convenience of a central laundry with external access. The kitchen and dining areas flow seamlessly to the second living space overlooking the pool area. A fantastic decking area with Bay glimpses to complete the package making this an entertainers delight. If all this wasn't enough, in addition to the double garage access from Banks Street the property also boasts a second street frontage from neighboring Cowley Street. From this entrance you will have access to a single carport, substantial garage/machinery shed with workshop, complete with concrete slab and power as well as a bungalow/home office with washroom. All this is well set out on a large 1023sqm approx allotment with extra features including ducted heating throughout, split system heating/cooling, wood fire heating, quality stainless steel appliances and an abundance of off street parking. An incredibly rare opportunity, inspection highly recommended.

Property History for 18 Banks St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Transferred
27 Oct 2023
  • 27 Oct 2023
    Transferred
  • 03 Nov 2015
    Sold for $730,000
  • 24 Sep 2015
    Listed for Sale UNDER CONTRACT
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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 2,584 properties. Over the last 5 years, Houses in Mccrae have seen a 11.45% increase in median value, while Units have seen a 20.09% increase. As at 28 February 2026:

  • The median value for Houses in Mccrae is $994,790 while the median value for Units is $821,206.
  • Houses have a median rent of $700 while Units have a median rent of $693.
There are currently 29 properties listed for sale, and 2 properties listed for rent in Mccrae on OnTheHouse. According to Cotality's data, 106 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.