569-571 Point Nepean Road, Mccrae, VIC 3938 | Property Value & History | OnTheHouse
OFF MARKET

569-571 Point Nepean Road
Mccrae VIC 3938

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 200m2
Land area: 1147m2
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Property Details for 569-571 Point Nepean Rd, Mccrae

569-571 Point Nepean Rd, Mccrae is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1147m2 and floor size of 200m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1970
Floor Size
200m2
Land Size
1147m2
Local Government
Mornington Peninsula
Lot/Plan
2/TP681793

Last Listing description (July 2023)

Directly opposite one of the Mornington Peninsula's finest beaches, this is an outstanding opportunity to secure a premium parcel of land with potential to enjoy the existing residence as is, complete a stylish renovation or re-build the ultimate beachfront escape (STCA). Capturing panoramic, tree-framed views across the azure waters of Port Phillip Bay, the five-bedroom, three-bathroom home on 1324sqm (approx.) is privately positioned amongst a lush botanical oasis with towering palms and a tiered garden featuring a landmark flagpole. A viewing deck provides the perfect vantage point to admire spectacular sunsets, while front and rear outdoor decks set the scene for entertaining. Brimming with charm, the character-filled home offers dual living with a self-contained lower level, hardwood floors, a wood-burner, a kitchen with a walk-in pantry and double garage. Just steps from the sand and a short stroll to boutique cafes, this unique offering is not to be missed.

* Beachfront opportunity with panoramic bay views
* Potential to renovate or re-develop (STCA)

* Self-contained lower level with kitchenette
* Private gardens with viewing & alfresco decks
* Original hardwood timber floors
* 2nd living area/5th bedroom & 3 bathrooms
* Functional kitchen with walk-in pantry
* Wood-burner & gas ducted heating
* Workshop/double lock up garage
* Prized location steps from the sand
* Short walk to restaurants & cafes
* Bus stops on your doorstep

Photo I.D. required at all Inspections.

Property History for 569-571 Point Nepean Rd, Mccrae, VIC 3938

A timeline of how this property has performed in the market
Last Sold
$2,550,000
24 Jul 2021
  • 14 Jul 2023
    Listed for Sale Not Disclosed
  • 24 Jul 2021
    Sold for $2,550,000
  • 18 May 2021
    Listed for Sale $2.55 - $2.75 Million
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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 2,588 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 30 properties listed for sale, and 11 properties listed for rent in Mccrae on OnTheHouse. According to Cotality's data, 98 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.