44 Stanley Crescent,
Mount Martha VIC 3934

About Mount Martha

With an average age of 47, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $808. The average family earns a weekly income of $3,343 with a typical household size of 2.8 and a 98.41% employment rate.

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.

Public Transport

Leawarra Somerville Tyabb Station Tankerton Jetty Bittern Station Moorooduc Mornington Seaford Hastings Stony Point Pier

General Points of Interest

Mornington Golf Club Mornington Tennis Club Bentons Square Mornington Central Peninsula Home Devils Bend Golf Course The Briars Park Visitor Centre Flinders Monument Hickinbotham Winery Mornington Racecourse

Population

(Country of Birth not stated 2%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Mount Martha Primary School Dromana Secondary College

• Dromana Primary School

  Dromana, VIC, 3936 State Prep-6

  NAPLAN

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• Dromana Secondary College

  Dromana, VIC, 3936 State 7-12

  NAPLAN

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• Red Hill Consolidated School

  Red Hill, VIC, 3937 State Prep-6

  NAPLAN

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website