McCrae is a serene Mornington Peninsula beach community adjacent to Dromana with pristine bay beaches, the historic McCrae Homestead, and a relaxed holiday character beloved by Melburnians for generations. Its calm waters make it particularly popular for families. At the current $920k median house price, an 80% loan at 6.25% over 30 years is about $4,532 per month.
| Median house price | $920,000 |
|---|---|
| Median unit price | $620,000 |
| Estimated monthly repayment | $4,532 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7.5% |
| Gross rental yield | 4% |
| Typical days on market | 17 |
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