Mccrae, VIC 3938
Compare Part of Mornington Peninsula
59.52 km
Distance from Melbourne CBD
2 k
Population
Auction Times
Sat 20 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 12 Henry Court 3 2 2 House | 2:00 PM Sat 20th Apr | Hocking Stuart |
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 5 Morris Road 5 5 3 House | 12:30 PM Sat 27th Apr | Hocking Stuart |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $439,000 | 0.0% | $240,000 | $1,510,000 | 72 |
| 2010 | $625,000 | +29.8% | $125,000 | $3,250,000 | 99 |
| 2011 | $640,000 | +2.3% | $355,000 | $2,330,000 | 69 |
| 2012 | $540,000 | -18.5% | $330,000 | $1,050,000 | 58 |
| 2013 | $530,000 | -1.9% | $260,000 | $1,280,000 | 117 |
| 2014 | $520,000 | -1.9% | $280,000 | $2,500,000 | 93 |
| 2015 | $610,000 | +14.8% | $325,000 | $2,900,000 | 117 |
| 2016 | $715,000 | +14.7% | $255,000 | $1,785,500 | 87 |
| 2017 | $775,000 | +7.7% | $455,000 | $1,905,000 | 70 |
| 2018 | $840,000 | +7.7% | $280,000 | $2,450,000 | 76 |
| 2019 | $770,000 | -9.1% | $350,000 | $1,850,000 | 67 |
| 2020 | $965,000 | +20.2% | $300,000 | $3,275,000 | 81 |
| 2021 | $1,220,000 | +20.9% | $682,000 | $2,870,000 | 97 |
| 2022 | $1,300,000 | +6.2% | $686,500 | $3,935,000 | 83 |
| 2023 | $1,325,000 | +1.9% | $580,000 | $3,850,000 | 71 |
| 2024 | $1,475,000 | +10.2% | $726,000 | $2,205,000 | 30 |
Median Sale Price
$1.33M
Based on 71 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
+1.9%
Current Median Price: $1,325,000
Previous Median Price: $1,300,000
Based on 150 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $300 | 0.0% | $225 | $425 | 35 |
| 2012 | $350 | +14.3% | $210 | $1,365 | 40 |
| 2013 | $330 | -6.1% | $190 | $2,700 | 68 |
| 2014 | $375 | +12.0% | $270 | $2,500 | 58 |
| 2015 | $400 | +6.3% | $130 | $950 | 61 |
| 2016 | $385 | -3.9% | $250 | $6,800 | 58 |
| 2017 | $390 | +1.3% | $250 | $800 | 56 |
| 2018 | $430 | +9.3% | $285 | $560 | 43 |
| 2019 | $400 | -7.5% | $320 | $1,200 | 54 |
| 2020 | $470 | +14.9% | $320 | $1,400 | 23 |
| 2021 | $650 | +27.7% | $420 | $1,000 | 19 |
| 2022 | $550 | -18.2% | $420 | $1,150 | 52 |
| 2023 | $630 | +12.7% | $400 | $1,950 | 58 |
| 2024 | $650 | +3.1% | $450 | $1,200 | 11 |
Median Rent Price
$650
per week
Based on 46 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
+10.8%
Current Median Rent: $650
Previous Median Rent: $580
Based on 105 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,325,000
Current Median rent: $650
Based on 117 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Mccrae
Houses sold in Last 12 months ends 13 Apr 2024
$1.59M
Median Sale Price
79%
Clearance Rate
18/23
Sold/Reported
$2.15M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 3 | |
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 3 | |
| $1.4 M - $1.6 M (Median Price Range) | 2 | |
| $1.2 M - $1.4 M | 3 | |
| $800 K - $1 M | 2 | |
| $600 K - $800 K | 2 | |
Similar Suburbs to Mccrae 3938
Based on median house sale price sold in last 12 months