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
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 |
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 |
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.
49B VEDA AV, MOUNT MARTHA, VIC, 3934 | 3 | 1 | 2 | $720,000 - $792,000 | |
8A BIRDROCK AV, MOUNT MARTHA, VIC, 3934 | 4 | 2 | 2 | $1,450,000 - $1,595,000 | |
2 SUN CT, MOUNT MARTHA, VIC, 3934 | 3 | 1 | 2 | $700,000 - $770,000 | |
13 HUBERT ST, MOUNT MARTHA, VIC, 3934 | 2 | 2 | 2 | $1,495,000 - 1,595,000 | |
11 HULL RD, MOUNT MARTHA, VIC, 3934 | 4 | 2 | 2 | $2,480,000 - $2,680,000 | |
34-36 LEGGATT CR, MOUNT MARTHA, VIC, 3934 | 4 | 3 | 3 | $5,650,000 | |
UNIT 3, 29 SHANNS AV, MOUNT MARTHA, VIC, 3934 | 4 | 2 | 2 | $ 1,720,000 | |
25 VANTAGE POINT DR, MOUNT MARTHA, VIC, 3934 | $1,500,000-$1,650,000 | ||||
16 SUNHILL RD, MOUNT MARTHA, VIC, 3934 | 0 | 0 | 0 | 1250000 | |
26 CENTURY DR, MOUNT MARTHA, VIC, 3934 | 4 | 3 | 5 | 2600000 |
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)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.4 | 13.8 | 24.7 | 46.6 | 86.5 | 3.6 | 24.7 |
Feb | 1.2 | 14.3 | 25.8 | 44.2 | 86.2 | 3.3 | 20.3 |
Mar | 1.4 | 13.0 | 23.6 | 46.4 | 87.1 | 3.0 | 15.4 |
Apr | 2.1 | 10.5 | 20.0 | 52.2 | 89.5 | 2.7 | 11.9 |
May | 2.4 | 8.4 | 16.7 | 57.8 | 89.3 | 2.9 | 8.4 |
Jun | 2.4 | 6.4 | 14.3 | 63.7 | 90.3 | 2.6 | 7.2 |
Jul | 2.0 | 6.2 | 13.7 | 61.4 | 88.7 | 3.1 | 7.4 |
Aug | 2.2 | 6.8 | 14.6 | 55.4 | 87.9 | 3.5 | 10.2 |
Sept | 2.4 | 7.8 | 17.2 | 49.7 | 88.6 | 3.5 | 14.4 |
Oct | 2.2 | 9.1 | 19.1 | 49.8 | 88.7 | 3.4 | 19.2 |
Nov | 2.1 | 11.0 | 21.1 | 50.6 | 88.6 | 3.2 | 22.4 |
Dec | 2.0 | 12.4 | 23.4 | 48.1 | 88.0 | 3.4 | 26.4 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!