Mount Martha, VIC 3934

Mount Martha, VIC 3934

Compare Part of Mornington Peninsula

50.57 km
Distance from CBD
12 k
Population
Median Sale Price
House
$959K
Updated on Jan 2020
2 BR
$770K
3 BR
$900K
4 BR
$1.07M
Unit
$653K
Updated on Jan 2020
1 BR
-
2 BR
$615K
3 BR
$665K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$540,000
0.0% $300,000 $2,200,000 322
2010
$600,000
+10.0% $395 $3,500,000 429
2011
$618,000
+2.9% $235,000 $3,399,000 382
2012
$600,000
-3.0% $100,000 $5,450,000 374
2013
$617,500
+2.8% $65,000 $5,250,000 481
2014
$670,000
+7.8% $35,000 $2,410,000 450
2015
$760,000
+11.8% $147,500 $2,900,000 352
2016
$855,000
+11.1% $129,000 $4,962,500 364
2017
$955,000
+10.5% $215,000 $3,070,000 343
2018
$1,020,000
+6.4% $505,000 $4,220,000 321
2019
$940,000
-8.5% $310,000 $4,400,000 331
2020
$1,025,000
+8.3% $660,750 $2,450,000 41
Median Sale Price
$950K
Based on 316 recorded sales within the last 12 months
Updated on 27 Feb 2020
Suburb Growth
-6.9%
Current Median Price: $950,000
Previous Median Price: $1,016,000
Based on 632 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Jan 2020)
Price Range Segments (12 months ending Jan 2020)
Median Weekly Rent Price
House
$520
Updated on Jan 2020
2 BR
$420
3 BR
$475
4 BR
$600
Unit
$440
Updated on Jan 2020
2 BR
$395
3 BR
$450
4 BR
$520
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$430
0.0% $250 $1,600 162
2012
$430
0.0% $250 $2,500 193
2013
$440
+2.3% $270 $2,500 239
2014
$460
+4.3% $270 $3,500 226
2015
$465
+1.1% $280 $3,150 241
2016
$495
+6.1% $300 $1,350 259
2017
$500
+1.0% $290 $2,400 187
2018
$550
+9.1% $290 $1,550 195
2019
$550
0.0% $300 $2,200 221
2020
$640
+14.1% $475 $980 6
Median Rent Price
$550
per week
Based on 197 recorded rent within the last 12 months
Updated on 27 Feb 2020
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 397 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $950,000
Current Median rent: $550
Based on 513 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Jan 2020)

Auction Results For Mount Martha

Houses sold in Last 12 months ends 22 Feb 2020

$970K

Median Sale Price

91%

Clearance Rate

116/128

Sold/Reported

$4.4M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 3
$2 M - $3 M 4
$1.6 M - $1.8 M 4
$1.4 M - $1.6 M 8
$1.2 M - $1.4 M 11
$1 M - $1.2 M 11
$800 K - $1 M
(Median Price Range)
22
$600 K - $800 K 20

Schools closest to Mount Martha, VIC 3934

School name Address Type Sector Distance
Mount Martha Primary School 37 - 55 GLENISLA DRIVEMount Martha 3934 Primary Government 0.89 km
Balcombe Grammar School 389 NEPEAN HIGHWAYMount Martha 3934 Combined Independent 1.81 km