3/8 Banks Street, Mccrae, VIC 3938 sold on 10 November 2025 | OnTheHouse
SOLD
Sold on 10 Nov 2025 for $985,000

3/8 Banks Street
Mccrae VIC 3938

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 213m2
Land area: 271m2
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Property Details for 3/8 Banks St, Mccrae

3/8 Banks St, Mccrae is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2023. The property has a land size of 271m2 and floor size of 213m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 4 bedroom Unit sold in Mccrae in the last 12 months.

Building Type
Unit
Year Built
2023
Floor Size
213m2
Land Size
271m2
Local Government
Mornington Peninsula
Lot/Plan
3/PS816624

Last Listing description (December 2025)

Showcasing a beautiful balance of contemporary architecture, functional family living and coastal charm, this near-new residence sets a new benchmark for modern living in McCrae. Designed across two light-filled levels, the home combines premium finishes with generous proportions to deliver a haven of space, comfort and style. With multiple living zones, four robed bedrooms, a gourmet kitchen and seamless indoor-outdoor flow, it caters to both relaxed family life and sophisticated entertaining. Positioned within a sought-after bayside setting, just minutes from pristine beaches, vibrant cafs, shops and transport, this is a rare opportunity to secure a lifestyle of absolute convenience and quality.
Key Features:
- Four spacious bedrooms all with built-in robes, including a luxurious master suite with walk-in robe & sleek ensuite

- Two stylish bathrooms with full-height tiling, premium fittings & floating timber vanities
- Expansive open-plan living & dining zone with timber floors, high ceilings & natural light
- Designer kitchen with stone benchtops, island breakfast bar, walk-in pantry, bespoke cabinetry & premium appliances
- Second upstairs living area - perfect as a kids' retreat, home office, or media lounge
- Double-glazed windows for energy efficiency & peaceful interiors
- Generous laundry with external access & ample storage solutions
- Seamless indoor-outdoor living with sliding doors opening to a private courtyard/alfresco zone
- Ducted heating & refrigerated cooling providing year-round climate control
- Double remote garage with internal access, plus additional off-street parking
- Low-maintenance landscaped surrounds, ideal for busy modern families or investors
- Quality build with attention to detail across every finish and fixture
Location Highlights:
Situated in a peaceful McCrae pocket, moments from the beach, easy access to Arthurs Seat trails, McCrae Plaza & Peninsula Link.
Close to schools, childcare, transport and recreational amenities, ideal for those seeking a coastal lifestyle without compromise
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Property History for 3/8 Banks St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$985,000
10 Nov 2025
Listed for Rent
17 Dec 2025
  • 04 Dec 2025
    Listed for Rent $795 / week
  • 10 Nov 2025
    Sold for $985,000
  • 07 Oct 2025
    Listed for Sale $910,000 - $999,000
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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 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 26 properties listed for sale, and 1 property listed for rent in Mccrae on OnTheHouse. According to Cotality's data, 97 properties were sold in the past 12 months in Mccrae.

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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.