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

20 Banks Street
Mccrae VIC 3938

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
Floor area: 106m2
Land area: 795m2
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Property Details for 20 Banks St, Mccrae

20 Banks St, Mccrae is a 3 bedroom, 1 bathroom House with 6 parking spaces and was built in 1965. The property has a land size of 795m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in September 2019.

Building Type
House
Year Built
1965
Floor Size
106m2
Land Size
795m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP67446

Last Listing description (October 2019)

This 800m2 (approx.) property offers enormous potential. Take advantage of the generous block by re-developing the site, with plans and permits for a two-storey dwelling located at the rear of the property.

The existing recently renovated home is well-presented throughout, featuring an inviting living room plus a light-filled kitchen with brand-new stainless-steel appliances and an adjoining dining area.

Comprising of three well-sized bedrooms, a combined bathroom with laundry and separate WC, and other inclusions of a Coonara and Split System.

This property offers two generous relaxing decks and boasts a huge three car garage, currently fitted out as a studio with a built-in office, powder room and reception area with a box AC.

Situated in the superb location of McCrae, only moments from the McCrae Plaza and Foreshore, with local cafes, wineries, golf courses only a short drive away.

Property History for 20 Banks St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$695,000
25 Sep 2019
Listed for Rent
$280/w
28 Aug 2011
  • 25 Sep 2019
    Sold for $695,000
  • 16 Sep 2019
    Listed for Sale $690,000 - $730,000
  • 16 Feb 2015
    Sold for $370,000
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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 2,587 properties. Over the last 5 years, Houses in Mccrae have seen a 28.07% increase in median value, while Units have seen a 26.16% increase. As at 31 December 2025:

  • The median value for Houses in Mccrae is $1,046,338 while the median value for Units is $817,495.
  • Houses have a median rent of $690 while Units have a median rent of $695.
There are currently 28 properties listed for sale, and 2 properties 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.