205G Bayview Road, Mccrae, VIC 3938 | Property Value & History | OnTheHouse
 
OFF MARKET

205G Bayview Road
Mccrae VIC 3938

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 269m2
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Property Details for 205g Bayview Rd, Mccrae

Building Type
Commercial
Land Size
269m2
Local Government
Mornington Peninsula
Lot/Plan
8/LP50096

Last Listing description (December 2023)

Seize the opportunity to own a brilliant freehold currently leased to a locally loved, well established business, with plans and permits approved for the addition of a two-storey residence. Positioned in a boutique up-and-coming commercial area with a steady flow of passing traffic and parking off the main road. Just 650 metres from the Freeway exit and central to a plethora of Mornington Peninsula attractions.
Dual access site of 268.7sqm.
Current rental of $40,560 pa + GST + outgoings.

Long-term Lease of 3 x 3 x 3
Toilet facilities, 2 split system air conditioners, grease trap and an impressive bank of 39 solar panels.
Plans and permits approved for the addition of a two-storey residence.

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Property History for 205g Bayview Rd, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$690,000
24 Oct 2023
  • 25 Oct 2023
    Listed for Sale $700,000 - $750,000
  • 24 Oct 2023
    Sold for $690,000
  • 29 Jun 2023
    Listed for Sale $700,000 - $750,000
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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.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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