Market snapshot

Suburb insights for McCrae3938

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McCrae, approximately 59 km of Melbourne’s CBD, is a quiet beachside suburb nestled between Dromana and Rosebud. Known for its long pier, white sand, and hilltop homes with bay views, it attracts families, retirees, and holidaymakers seeking a calm, coastal retreat.

Recent sales and auction results in McCrae

AddressBedroomsPriceTypeMethodSale DateAgentListing
19 Highfield Rd, Mccrae3PriceHouseAuction Sale24/01/2026Belle Property Dromana
7 Arthurs Av, Mccrae4PriceHouseAuction Sale23/01/2026Belle Property DromanaView
101-103 Bayview Rd, Mccrae3PriceHouseAuction Sale23/01/2026Belle Property DromanaView

Sales data

Median sale price
$1.1mil
Quarterly price change
-21.4%
Metro Melbourne Comparison
$974k
1.8%
BedroomsMcCraeMetro comparison
2-$940,000
3$1,120,000$851,000
4$1,435,000$970,000
InsightMcCraeMetro comparison
Clearance rate77.8%
Days on market5436

Rental data

Median weekly rent
$690
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.2%
BedroomsMcCraeMetro comparison
2-$585
3$600$550
4-$600
Median data for the current quarter

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