5 Parkes Street, Mccrae, VIC 3938 | Property Value & History | OnTheHouse
 
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5 Parkes Street
Mccrae VIC 3938

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 265m2
Land area: 1317m2
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Last updated 12 Jan 2026
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Property Details for 5 Parkes St, Mccrae

5 Parkes St, Mccrae is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1965. The property has a land size of 1317m2 and floor size of 265m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
House
Year Built
1965
Floor Size
265m2
Land Size
1317m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP134660

Last Listing description (August 2025)

Serene, practical and soothing with its subdued and updated luxury, this exquisite 4-bedroom, 2-lounge home on a natural 1,317 sq. metre (approx.) allotment boasts incredible views over Port Phillip Bay, meticulously crafted to provide a life unlike any other.

Iconic and ever-changing views over the McCrae lighthouse to Hovell Pile are best taken in from the entertainer's balcony, sweeping out from a fireside lounge and dining area that underscores easy-care living at its very best. Create and entertain in the island kitchen and its suite of premium appliances, where a unique ceiling profile continually draws the eye out to the beautifully framed water scenes.

A second lounge to one side invites evening peace and privacy, leading to a decadent master's suite with a walk-behind dressing room and a lavish ensuite, with two additional ensuite bedrooms and a fourth with a walk-in robe privately poised along the quieter hallway. A venture downstairs introduces the double garage beyond a triple carport, complete with extensive under-home storage, a large home office, and a built-in sauna room, ensuring health for your body and mind is always central.

Rear street access to Arthurs Avenue is ideal for the tradesperson needing extra storage space, opening to a 7.4 x 8.7m (approx.) garage/workshop with shelving. Complete with split-system air conditioning, ceiling fans and exquisitely landscaped gardens, it's the perfect permanent home or holiday retreat, just over an hour from Melbourne and just moments from McCrae Plaza and foreshore, Arthurs Seat State Park, award-winning wineries and epicurean experiences, world-class golfing endeavours, and easy freeway access.

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Property History for 5 Parkes St, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$2,250,000
13 Dec 2024
  • 13 Dec 2024
    Sold for $2,250,000
  • 01 Nov 2024
    Listed for Sale $2,200,000-$2,420,000
  • 17 Mar 2014
    Sold for $970,000
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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 28 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.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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