701/701 Point Nepean Road, Mccrae, VIC 3938 | Property Value & History | OnTheHouse
OFF MARKET

701/701 Point Nepean Road
Mccrae VIC 3938

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
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Property Details for 701/701-A Point Nepean Rd, Mccrae

701/701-A Point Nepean Rd, Mccrae is a 4 bedroom, 3 bathroom House with 2 parking spaces.

Building Type
House
Local Government
Mornington Peninsula

Last Listing description (May 2019)

Commanding a prized position across from the beach, these brand new residences combine luxury living with state-of-the-art technology. A collaboration between multi award-winning design studio, Vibe Design Group and Master Builder Award winners, Icon Synergy, the stunning homes offer an exceptional lifestyle just a short walk to McCrae s shops, restaurants and cafes.
The newly completed properties are ideal for outdoor living with sun-drenched entertaining decks and Smartphone controlled solar-heated, self-cleaning swimming pools. They also offer secure parking with a vehicle turntable and remote double garage with epoxy flooring.

The light-filled interiors showcase bespoke finishes including engineered European Oak floors, Italian tiles, wool carpets, Caesarstone benchtops and 2-pac cabinets with soft-closing drawers. A Jetmaster gas fireplace forms a centrepiece in the open-plan lounge/dining area, while the gourmet kitchen contains a butler s pantry, waterfall island and Miele appliances including a 90cm gas cooktop, oven and integrated refrigerator, freezer and dishwasher.
The spacious, double-storey design comprises 4 bedrooms and 3 bathrooms including 2 master retreats one on entry level and another upstairs with a balcony. A 2nd living area, 2 further bedrooms and a central bathroom are also situated on the second storey. The homes also include a study area, powder room, laundry, remote-operated zoned heating/cooling and LED lighting throughout. Other highlights include double-glazed windows, a security alarm, intercom and spotted gum decks and fa ade features.
Privately positioned on low-maintenance 468m2 (Property 1) and 481m2 (Property 2) allotments with automatic irrigated gardens, they offer unparalleled living for those seeking a permanent abode or an exclusive seaside escape.

Property History for 701/701-A Point Nepean Rd, Mccrae, VIC 3938

A timeline of how this property has performed in the market
  • 28 May 2019
    Listed for Sale $2,500,000 each
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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 34.25% increase in median value, while Units have seen a 26.56% increase. As at 30 November 2025:

  • The median value for Houses in Mccrae is $1,054,277 while the median value for Units is $816,924.
  • Houses have a median rent of $650 while Units have a median rent of $690.
There are currently 26 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.