47 Riley St, Mccrae is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 976m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Mccrae in the last 12 months.
Perfectly positioned on approximately 976m2, this solid brick residence offers timeless comfort, multiple living zones, and exceptional scope to update, extend or redevelop (STCA) in one of McCrae's most tightly held pockets. Just minutes from the beach, McCrae Plaza, and Arthurs Seat walking trails, this is the ideal opportunity for families, investors, or developers seeking lifestyle and potential.
Property Features:
• Spacious single-level layout with three large living areas offering great family flexibility
With a wide frontage and deep backyard, the property offers fantastic potential (STCA):
• Renovate or modernise the existing home
• Extend to create a substantial family retreat
• Convert one of the living areas to a 4th bedroom or master suite
• Subdivide or rebuild in a sought-after coastal locale
Location
• Just minutes to McCrae Beach, cafes, and coastal walking tracks
• Close to local schools, McCrae Plaza, and Mornington Peninsula Freeway access
• Peaceful residential setting surrounded by quality homes
Land & Floor Areas
• Land area: Approx. 976m2
• Floor area: Approx. 16 squares
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 28.07% increase in median value, while Units have seen a 26.16% increase. As at 31 December 2025:
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