42 Parkes Street, Mccrae, VIC 3938 | Property Value & History | OnTheHouse
OFF MARKET

42 Parkes Street
Mccrae VIC 3938

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1371m2
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Property Details for 42 Parkes St, Mccrae

Building Type
Land
Land Size
1371m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP94277

Last Listing description (July 2022)

A celebration of breathtaking serenity unites with the lush surroundings to deliver this rare and exciting opportunity across a sweeping 1381sqm (approx.) allotment peacefully positioned in a quiet street at the base of iconic Arthurs Seat. Relish the opportunity to design and develop your dream home (Subject to Council approval) surrounded by well-established homes in a well-revered pocket of McCrae establishing your own luxurious coastal lifestyle with space to watch the family grow or retire with easy access to all amenities.

-Unique opportunity in a well-established, tightly-help area of the Mornington Peninsula
-Moments to McCrae and Rosebud beach and local shopping and cafe options

-Potential sweeping bays views for new construction
-A short drive will unveil many of the Peninsula's best wineries and world-class golf courses.

Property History for 42 Parkes St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$690,000
20 Apr 2022
  • 20 Apr 2022
    Sold for $690,000
  • 23 Jan 2020
    Sold for $420,000
  • 22 Feb 2018
    Listed for Sale $460,000 - $500,000
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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 28.07% increase in median value, while Units have seen a 26.16% increase. As at 31 December 2025:

  • The median value for Houses in Mccrae is $1,046,338 while the median value for Units is $817,495.
  • Houses have a median rent of $690 while Units have a median rent of $695.
There are currently 29 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.

Suburb Insights for Mccrae 3938

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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.