2 Russell StreetMccrae VIC 3938
Property Details for 2 Russell St, Mccrae
2 Russell St, Mccrae is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1979m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 4 bedroom House sold in Mccrae in the last 12 months.
Last Listing description (April 2025)
Positioned on a generous half-acre (1,969m?) north-facing corner site, this beautifully refurbished four-bedroom, three-bathroom weatherboard residence presents a rare and exceptional opportunity.
Stepping inside, the entry-level offers a spacious living area, two bedrooms, a second kitchen, and the warmth of a wood fire?perfect for cozy winter nights. Upstairs, the home has been thoughtfully updated, featuring a modern kitchen and bathroom with a combined laundry, two additional bedrooms, and a sun-drenched north-facing living area.
This space seamlessly extends onto an expansive, wraparound, full-length deck, providing breathtaking, uninterrupted views of the bay?an ideal setting for entertaining or simply unwinding in a tranquil coastal atmosphere.
Comfort is assured year-round with reverse-cycle air conditioning and a Coonara wood heater. A single garage offers secure parking and additional storage. Adding to its appeal, the property is subdividable (S.T.C.A.), making it an enticing prospect for investors, developers, or those seeking a versatile coastal retreat.
This is the first time the property has been offered to the market since the 1950s, making it a truly special and unique opportunity. With a rental expectation of approximately $700 per week, it also presents strong investment potential.
Don't miss the chance to secure this remarkable property?whether as a family home, holiday retreat, or future development opportunity, this is a once-in-a-lifetime offering in a highly sought-after location.
Property History for 2 Russell St, Mccrae, VIC 3938
- 30 Mar 2025Sold for $1,170,001
- 04 Mar 2025Listed for Sale $ 1,100,000 - $ 1,200,000
- 25 Aug 2004Transferred
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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