Profile for McCrae

3938

McCrae is located 60 km south of the CBD. Located on the Mornington Peninsula McCrae is primarily residential in nature but incorporates some parts of the Arthurs Seat State Park. The suburb has a high proportion (12%) of it's labour force employed in the construction sector. The Nepean Highway and Mornington Peninsula Freeway traverse the suburb. The suburb also features the Foreshore Reserve and the Eastern Lighthouse. Like a number of bayside areas the population is heavily concentrated in the older age groups.

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Median data for March Quarter 2024. Click here for details.

Median Sale Price

$1.47m

Metro Melbourne

$929k

Quarterly Price Change

25.1%

Metro Melbourne

2%

Median Rent

$575

Metro Melbourne

$550

Rental Yield

2.4%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 64.3% 75.3%
Days on Market 60 40
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $920,000
3 Bedrooms $1,095,000 $810,000
4 Bedrooms $1,760,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $550
3 Bedrooms n/a $520
4 Bedrooms n/a $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

n/a

Metro Melbourne

$630k

Annual Price Change

n/a

Metro Melbourne

-1.6%

Median Rent

n/a

Metro Melbourne

$520

Rental Yield

n/a

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 64.3% 75.3%
Days on Market 60 40
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $370,000
2 Bedrooms n/a $600,000
3 Bedrooms n/a $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $450
2 Bedrooms n/a $540
3 Bedrooms n/a $620

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