Mccrae at a glance
Median house
$1,455,000
Median unit
$965,000
Walk score
2
Very car dependent
Population
3,311
Median age 55
The brief
What to know about Mccrae.
The postcode for Mccrae is 3938 (VIC), part of Greater Melbourne.
The median house price in Mccrae is $1,455,000.
Mccrae (3938) sits in the Mornington Peninsula region of Victoria. The median house here is $1,455,000, well above the Victoria median of around $850K.
Mccrae has roughly 3,311 residents, with a retiree-heavy demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Mccrae scores 2/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 25°C (mild), winter mornings around 3°C (cold). Annual rainfall lands at about 612mm. Data comes from the Bureau of Meteorology's Geelong Racecourse station, 83.9km away.
Schooling within or near the suburb covers 7 government primary, 2 government secondary, 1 Catholic, 1 independent.
Who lives here
Demographics.
The 2021 Census put Mccrae's population at 3,311, with a median age of 55. That sits as a retiree-heavy demographic. Households are predominantly owner-occupied (81% own, 15% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (72% family households, 26% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
3,311
Median age
55
Family households
72%
Lone person
26%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $1,455,000 on a typical sale, well above the Victoria median. Units come in around $965,000, roughly 34% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $291,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,455,000
+0.0% over the past year. Median unit price $965,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$392/wk
Weekly rent (unit)
$392/wk
Owner occupied
81%
Renter occupied
15%
At a deeper level
$1,455,000
$965,000
3,311
Median age: 55
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For investors
Investment overview.
Gross rental yield on houses sits at 1.40% (median rent $392/wk against a $1,455,000 price tag). Units yield 2.11% gross, often the better cash-flow play for first-time investors. Renter share is modest (15%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20261.40%
Based on $1,455,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20262.11%
Based on $965,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202681%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
175
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
2
0
85
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Mccrae.
Local schools for Mccrae
View the catchment for each school to find out more.
Government School Catchment
Rosebud Primary School
Dromana Primary School
Rosebud Secondary College
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
612 mm
Hottest Month (avg max)
25.6°C
Coldest Month (avg min)
3.0°C
Monthly Rainfall (mm)
Weather data from BOM station Geelong Racecourse (84 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Mccrae.
- What is the median house price in Mccrae?
- The median house price in Mccrae, VIC 3938 is $1,455,000. The median unit price is $965,000.
- What is the Mccrae postcode?
- Mccrae is in the 3938 postcode, in VIC, in the Mornington Peninsula Shire Council region.
- Where is Mccrae?
- Mccrae is a suburb of Melbourne, in VIC 3938. It is part of the Greater Melbourne area, in the Mornington Peninsula Shire Council region.
- What is the average rent in Mccrae?
- The median weekly rent for houses is $392, for units it's $392.
- What schools are in Mccrae?
- There are 12 schools serving Mccrae on this page, including Rosebud Primary School, Dromana Primary School, Our Lady of Fatima School.
- How walkable is Mccrae?
- Mccrae has a Walk Score of 2 out of 100, highly car-dependent. transit score 0, bike score 85.
- What suburbs are near Mccrae?
- Mccrae is close to Rosebud, Arthurs Seat, Dromana, Rosebud Plaza, Capel Sound.
- What is the population of Mccrae?
- The population of Mccrae is approximately 3,311 (2021 Census). The median age is 55.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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