McCrae (VIC 3938): property prices & suburb profile
Mornington Peninsula LGA · Latest published data October 2025 · Page updated August 2026 · Public government records
McCrae property prices
The typical McCrae house sold for around $1,250,000 in the year to 2025-Q4, +143.0% over 10 years and +63.5% over 5 years.
Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back
View as table
| Period | Houses (yearly + recent quarters) | Units (yearly + recent quarters) |
|---|---|---|
| 2013 | $530,000 | $510,000 |
| 2014 | $535,000 | $436,000 |
| 2015 | $597,500 | $490,000 |
| 2016 | $689,000 | $607,500 |
| 2017 | $775,000 | $682,000 |
| 2018 | $847,500 | $685,000 |
| 2019 | $795,000 | $700,000 |
| 2020 | $952,500 | $572,500 |
| 2021 | $1,200,000 | $750,000 |
| 2022 | $1,273,500 | $860,000 |
| 2023 | $1,325,000 | $895,000 |
| 2024 | $1,300,000 | $830,000 |
| Apr 2024 | $1,500,000 | $1,050,000 |
| July 2024 | $1,175,000 | $775,000 |
| Oct 2024 | $1,250,000 | |
| 2025 | $1,200,000 | |
| Apr 2025 | $1,455,000 | |
| July 2025 | $1,350,000 | |
| Oct 2025 | $1,050,000 | $715,000 |
- Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
- The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
- The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
- Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
- Periods with fewer than 5 recorded sales are excluded.
McCrae medians by quarter
The most recent quarter on record for McCrae is 2025-Q4.
| 2025-Q4 | Unit | $715k | 7 |
| 2025-Q4 | House | $1.05M | 19 |
| 2025-Q3 | House | $1.35M | 10 |
| 2025-Q2 | House | $1.46M | 18 |
| 2025-Q1 | House | $1.20M | 18 |
| 2024-Q4 | House | $1.25M | 15 |
| 2024-Q3 | Unit | $775k | 5 |
| 2024-Q3 | House | $1.18M | — |
| 2024-Q2 | Unit | $1.05M | — |
| 2024-Q2 | House | $1.50M | — |
| 2024-Q1 | Unit | $720k | — |
| 2024-Q1 | House | $1.40M | 25 |
- Sale counts are shown so you can judge how solid each median is.
Who lives in McCrae
McCrae has a median age of 55 and a median household income of $1,433 a week.
- Figures labelled McCrae are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Rosebud - McCrae" and postcode 3938 both extend beyond McCrae.
- SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.
Suburbs near McCrae
McCrae's typical house price of $1,250,000 is the 8th highest of the 21 Mornington Peninsula suburbs we cover.
Balnarring 3926
$1,461,000 typical house price
Baxter 3911
$775,000 typical house price
Bittern 3918
$933,000 typical house price
Blairgowrie 3942
$1,498,000 typical house price
Capel Sound 3940
$751,000 typical house price
Crib Point 3919
$764,000 typical house price
Dromana 3936
$965,000 typical house price
Hastings 3915
$740,000 typical house price
McCrae: common questions
- How much does a house cost in McCrae?
- About $1,250,000 across the 12 months to 2025-Q4, from 65 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
- Have McCrae prices gone up?
- Prices have risen 143.0% over 10 years and moved +63.5% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
- What do units cost in McCrae?
- The typical unit price was around $740,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 12 sales.
- Can I see McCrae prices street by street?
- Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
Tell us what you're buying in McCrae
Answer a few questions and we'll match you with buyer's agents who cover McCrae and fit your budget and property type.
Data sources
- [1]
- [2]
- [3]
- [4]
- [5]
This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.