The mccrae median house price for the first half of 2026 is estimated to be around $1.46 million for houses and $965,000 for units, showing robust growth despite some quarterly variations. These figures, drawn from the latest DataVic/REIV reports, indicate a dynamic property market.

• The median sale price for houses in Mccrae is $1.46 million as of the Apr-Jun 2025 Quarter.
• The median price for units saw a YOY increase of 60.8%.
• Mccrae’s population is 3,311 with a median age of 55.

What do the numbers say in Mccrae?

Detailed analysis of the Mccrae property market shows a dynamic growth trend. According to DataVic/REIV, the median house price as of the Apr-Jun 2025 quarter stood at $1.46 million, despite a quarter-on-quarter decline of 3.0%. This suggests resilience in the face of short-term fluctuations, especially with a year-on-year growth of 21.3%.

Units in Mccrae have exhibited even more pronounced growth, with the latest figures showing a median price of $965,000, marking a remarkable year-on-year rise of 60.8%, even though there was a quarterly drop of 8.1%.

Comparisons with nearby suburbs

When compared to nearby suburbs, Mccrae’s property prices highlight lucrative investment opportunities. For example, the median house price in Northcote and median house price in Thornbury provide useful benchmarks for understanding broader market dynamics.

What are the key considerations?

Investing in Mccrae properties requires understanding several crucial elements. Firstly, the demographic profile: according to the ABS Census 2021, Mccrae’s population is 3,311 with a median age of 55 and a median household income of $1,433 per week. Rental properties are also appealing, with a median rent of $392 per week, thus presenting a viable option for investing in Mccrae.

Market Resilience and Growth

The ongoing growth prospects in Mccrae are underpinned by several factors, including its appeal to downsizers and retirees, given the suburb’s demographic characteristics. The location’s natural beauty and lifestyle features further bolster its attractiveness as a residential area.

How does Collings help?

Collings Real Estate provides a range of services to navigate the Mccrae property market. Whether you are buying in Mccrae or considering selling Mccrae properties, Collings brings its expertise and comprehensive market analysis to aid decision-making.

You can sign up for our off-market portal to stay updated on the latest listings or request a free property appraisal to explore your property’s potential.

Frequently asked questions

Prospective buyers and sellers often have numerous questions about the Mccrae property market. Collings offers personalized consultations to help answer these queries, backed by the latest real estate data. For more in-depth market comparisons, consider exploring information on the median house price in Preston and other suburbs for a broader understanding of the market dynamics.

For further inquiries, feel free to contact us at 03 9486 2000 or email info@collings.com.au. Visit our office at 230 Waterdale Road, Ivanhoe, VIC 3079 for a one-on-one discussion.