McCrae vs Safety Beach
Property investment comparison - McCrae, VIC 3938 vs Safety Beach, VIC 3936
Head-to-head across core investment metrics: McCrae wins 2, Safety Beach wins 4. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | McCrae | Safety Beach |
|---|---|---|
| Median house price | $1.2M | $1.2M |
| Median unit price | $785K | $840K |
| Gross rental yield (houses) | 3.38% | - |
| Gross rental yield (units) | 4.30% | 4.29% |
| 1-year house growth | -7.5% | +0.0% |
| 3-year house growth | -9.4% | -3.7% |
| Vacancy rate | 4.4% | 3.1% |
| Population | 3,311 | 6,328 |
McCrae vs Safety Beach: what the numbers say
The median house price is $1.2M in McCrae and $1.2M in Safety Beach, so Safety Beach is the cheaper entry point, with McCrae houses about 2% dearer.
For units, McCrae sits at a median of $785K against $840K in Safety Beach, which makes McCrae the more affordable unit market and Safety Beach the pricier one.
Over the past year house prices moved -7.5% in McCrae and +0.0% in Safety Beach, so recent momentum favours Safety Beach, while McCrae went backwards.
Looking back three years, McCrae houses are -9.4% and Safety Beach houses -3.7%, so Safety Beach has compounded faster than McCrae over the longer window.
Rental vacancy is 3.1% in Safety Beach and 4.4% in McCrae, so landlords in Safety Beach face less competition for tenants.
Safety Beach is the bigger suburb, with a population of 6,328 against 3,311, larger than McCrae; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Safety Beach for a lower purchase price, Safety Beach for recent price momentum, Safety Beach for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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