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Mount Martha
VIC, 3934 - Mornington Peninsula

Thinking about buying in Mount Martha? Now could not be a better time, with 11052 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,846,000 with prices in this suburb ranging from $66,000 to $39,057,000. Mount Martha is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Household Makeup

Median Weekly Rent $538.46
Median Monthly Mortgage $2324.94
Median Persons Per Bedroom 0.76
Average Household Size 2.78
Average Age 47.06
Average Income $858.92
Average Cars Per Dwelling 2.09
Average Properties Within 50M 12

Housing Stock

Average Property Prices

1 Bed  $1,225,000
2 Bed  $1,369,000
3 Bed  $1,587,000
4 Bed  $2,101,000
5 Bed  $2,724,000
6 Bed+$2,944,000

Mount Martha Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Mount Martha driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mount Martha ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mount Martha classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mount Martha requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Mount Martha we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mount Martha a better buying opportunity than it may have been in the past.

Houses for sale Mount Martha

Belle Property 49B VEDA AV, MOUNT MARTHA, VIC, 3934 Beds3 Bathrooms1 Parking 2 $720,000 - $792,000
Belle Property 8A BIRDROCK AV, MOUNT MARTHA, VIC, 3934 Beds4 Bathrooms2 Parking 2 $1,450,000 - $1,595,000
Belle Property 2 SUN CT, MOUNT MARTHA, VIC, 3934 Beds3 Bathrooms1 Parking 2 $700,000 - $770,000
Belle Property 13 HUBERT ST, MOUNT MARTHA, VIC, 3934 Beds2 Bathrooms2 Parking 2 $1,495,000 - 1,595,000
Belle Property 11 HULL RD, MOUNT MARTHA, VIC, 3934 Beds4 Bathrooms2 Parking 2 $2,480,000 - $2,680,000
Belle Property 34-36 LEGGATT CR, MOUNT MARTHA, VIC, 3934 Beds4 Bathrooms3 Parking 3 $5,650,000
OneAgency UNIT 3, 29 SHANNS AV, MOUNT MARTHA, VIC, 3934 Beds4 Bathrooms2 Parking 2 $ 1,720,000
Professionals 25 VANTAGE POINT DR, MOUNT MARTHA, VIC, 3934 Beds Bathrooms $1,500,000-$1,650,000
Ray White 16 SUNHILL RD, MOUNT MARTHA, VIC, 3934 Beds0 Bathrooms0 Parking 0 1250000
Ray White 26 CENTURY DR, MOUNT MARTHA, VIC, 3934 Beds4 Bathrooms3 Parking 5 2600000

Local Schools

Mount Martha Primary School

Osborne Primary School

Balcombe Grammar School

Benton Junior College

(While the above schools are located with the suburb of Mount Martha there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Mount Martha weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.413.824.746.686.53.624.7
Feb1.214.325.844.286.23.320.3
Mar1.413.023.646.487.13.015.4
Apr2.110.520.052.289.52.711.9
May2.48.416.757.889.32.98.4
Jun2.46.414.363.790.32.67.2
Jul2.06.213.761.488.73.17.4
Aug2.26.814.655.487.93.510.2
Sept2.47.817.249.788.63.514.4
Oct2.29.119.149.888.73.419.2
Nov2.111.021.150.688.63.222.4
Dec2.012.423.448.188.03.426.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Safety BeachMorningtonTuerongDromanaMoorooducMerricks NorthRed HillMount ElizaArthurs SeatBalnarring

Public Transport


General Points of Interest

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