4/2 Banks Street, Mccrae, VIC 3938 | Property Value & History | OnTheHouse
OFF MARKET

4/2 Banks Street
Mccrae VIC 3938

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 291m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Apr 2026
Low

High
Save

Property Details for 4/2 Banks St, Mccrae

Building Type
Unknown
Land Size
291m2
Local Government
Mornington Peninsula
Lot/Plan
4/PS900569

Last Listing description (May 2023)

In a brilliant display of light infused open plan living, this McCrae 3 bedroom townhouse offers every modern convenience, tasteful tones and a lovely brand new feel.

Securely located at the rear of a well presented four unit complex, the home is designed with an open floor plan, incorporating a light and bright living area set atop of engineered timber flooring and a well configured kitchen with terrific storage space, as sliding door access to a spacious, sun soaked backyard offers an amazing space for entertaining guests.

The master bedroom enjoys both spacious ensuite and fitted walk in robe, the second and third robed bedrooms share in the family bathroom, while the full sized laundry offers added storage space.

All complimented by ducted heating, split system air conditioning, remote double garage with internal access and fully landscaped, extremely low care gardens.

Whether you're in search of a forever home or holiday retreat, with the security, location and presentation on offer here, all you'll have to do is simply move in and enjoy.

Property History for 4/2 Banks St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$860,000
07 Apr 2023
  • 19 Apr 2023
    Listed for Sale $860,000
  • 07 Apr 2023
    Sold for $860,000
Commute Calculator

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 2,583 properties. Over the last 5 years, Houses in Mccrae have seen a 14.51% increase in median value, while Units have seen a 14.98% increase. As at 31 March 2026:

  • The median value for Houses in Mccrae is $1,029,277 while the median value for Units is $820,826.
  • Houses have a median rent of $720 while Units have a median rent of $690.
There are currently 24 properties listed for sale, and 6 properties listed for rent in Mccrae on OnTheHouse. According to Cotality's data, 103 properties were sold in the past 12 months in Mccrae.

Suburb Insights for Mccrae 3938

Market Insights
Mccrae Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mccrae Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.