241 Bayview Road, Mccrae, VIC 3938 | Property Value & History | OnTheHouse
 
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241 Bayview Road
Mccrae VIC 3938

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 107m2
Land area: 832m2
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Property Details for 241 Bayview Rd, Mccrae

241 Bayview Rd, Mccrae is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1983. The property has a land size of 832m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1983
Floor Size
107m2
Land Size
832m2
Local Government
Mornington Peninsula
Lot/Plan
97/LP27639

Last Listing description (November 2022)

Auction Location: Online.

A fantastic 832m2 Approx. corner block with 2 dwellings both receiving weekly rent! Just a short walk to the waters of the bay, with arguably one of the best stretches of pristine beach on the Peninsula.


This great opportunity offers:
2 dwellings separate from each other, the main property being a 3-bedroom 2-bathroom home and the 2nd dwelling being a 1-bedroom unit with its own yard. A modern kitchen with a master chef's upright stainless-steel oven & dishwasher, two sparkling bathrooms (main bathroom with a deep soaker tub). Polished floors, ducted heating & split-system cooling throughout the main residence, double garage/workshop with additional rear storage and low maintenance gardens.

Comfortable as is, the home would make an ideal holiday retreat, permanent residence or continue on with its expediential growth and return as an investment property. A great opportunity that provides a relaxed lifestyle with easy access to McCrae Plaza, restaurants, pristine beaches, hinterland walking tracks, the freeway, and other amenities.

$700 combined rental income per week Main house currently receiving $435 per week, Unit currently receiving $265 per week.

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Property History for 241 Bayview Rd, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$911,000
29 Oct 2021
Listed for Rent
$420/w
05 Feb 2021
  • 29 Oct 2021
    Sold for $911,000
  • 17 Sep 2021
    Listed for Sale SOLD
  • 18 Jan 2021
    Listed for Rent - Price not available
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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 33.16% increase in median value, while Units have seen a 27.20% increase. As at 31 October 2025:

  • The median value for Houses in Mccrae is $1,018,597 while the median value for Units is $789,347.
  • Houses have a median rent of $690 while Units have a median rent of $580.
There are currently 24 properties listed for sale, and 2 properties listed for rent in Mccrae on OnTheHouse. According to Cotality's data, 99 properties were sold in the past 12 months in Mccrae.

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© 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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