Back 47 Riley Street
Off Market

47 Riley Street

Mccrae VIC 3938

3
2
2
0 m²
976 m²
House
Last sold for $950,000
Michael StylmanMichael Stylman, last sold this property on 22 November 2025 after 30 days on market.

Overview

Family Comfort with Huge Potential in a Prime McCrae Setting

Perfectly positioned on approximately 976m2, this solid brick residence offers timeless comfort, multiple living zones, and exceptional scope to update, extend or redevelop (STCA) in one of McCrae's most tightly held pockets. Just minutes from the beach, McCrae Plaza, and Arthurs Seat walking trails, this is the ideal opportunity for families, investors, or developers seeking lifestyle and potential. Property Features: • Spacious single-level layout with three large living areas offering great family flexibility • Well-maintained original interiors with generous natural light and garden outlooks • Three bedrooms, including a master with walk-in robe and ensuite • Central family bathroom and separate laundry • Functional kitchen with breakfast bar and adjoining dining area • Expansive rear terrace overlooking the deep north-facing garden, perfect for entertaining • Large carport with gated access • Two rear storage sheds and established gardens providing privacy and space With a wide frontage and deep backyard, the property offers fantastic potential (STCA): • Renovate or modernise the existing home • Extend to create a substantial family retreat • Convert one of the living areas to a 4th bedroom or master suite • Subdivide or rebuild in a sought-after coastal locale Location • Just minutes to McCrae Beach, cafes, and coastal walking tracks • Close to local schools, McCrae Plaza, and Mornington Peninsula Freeway access • Peaceful residential setting surrounded by quality homes Land & Floor Areas • Land area: Approx. 976m2 • Floor area: Approx. 16 squares

Features

3 bedrooms
2 bathrooms
2 carspaces
1 carport space
1 open car space
0 m² floor area
976 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mccrae over the last 12 months, the estimated median property value of 47 Riley Street is $1.13m.

Median value
$1.13m
Estimated value range
$712.5k - $4.42m
Median days on market
33
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mccrae. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 47 Riley Street

2025
Sold
$950,000
22 Nov 2025 by Michael Stylman, of GRANGER Estate Agents

Happy sellers in Mccrae

79%
79% of sellers in Mccrae reported that their sale price either exceeded or met their price expectations.

Mccrae stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 23 reviews in Mccrae over the last 12 months.

Local market activity for 3 bedroom houses in Mccrae

In the last 12 months, 31 three-bedroom houses similar to 47 Riley Street, have been sold.

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