3 Penny LaneMccrae VIC 3938
Property Details for 3 Penny Lane, Mccrae
3 Penny Lane, Mccrae is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2003. The property has a land size of 828m2 and floor size of 284m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (May 2023)
Nestled on the hillside just 50 metres to the stunning McCrae Beach, this architect-designed home spans three levels with magnificent views of the bay and surrounds on each.
The heart of this four bedroom, two bathroom home is the open plan kitchen/dining/lounge area which flows onto a huge balcony with panoramic views beyond, and beautiful lawn and garden below. With a spacious parents' retreat off the master bedroom plus a top level living/rumpus/study; it's perfect for family and guests to spread out and enjoy.
- Parents' retreat level 1, WIR, mezzanine spa-bath ensuite, shower, WC
- Bay views from spacious 2nd level living/dining and huge covered alfresco
- Kitchen with stainless steel benchtops, 900mm wall oven and cooktop
- Spacious top level lounge/rumpus/study plus balcony, extensive bay views
- 2 additional bedrooms on 2nd level, with built-in robes
- 2nd level Family bathroom with bath, shower, WC, and laundry with S/S benchtop
- High ceilings with Sydney Blue Gum hardwood floors
- Gas ducted heating, R/C Aircons x 2
- Security cameras and alarm system
- Under-house workshop/storage and single remote garage with storage room
- Ground level easy-care garden, outside shower, kayak/wet gear storage
This enviable location means a quick swim or beach stroll are only ever a moment away, while it's a short walk to local cafes, restaurants and shops. This is an exceptional home to make your own, or with huge holiday rental potential.
Property History for 3 Penny Lane, Mccrae, VIC 3938
- 09 Mar 2023Sold for $2,085,000
- 09 Jan 2023Listed for Sale UNDER CONTRACT
- 17 Jan 2011Sold for $907,000
Recent sales nearby
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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.
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