Mount Martha, VIC 3934

Mount Martha, VIC 3934

Compare Part of Mornington Peninsula

50.57 km
Distance from CBD
12 k
Population

Auction Times

Sat 17 Dec
Auction Time Agency
49 Bradford Road
5 3 3 House
2:00 PM
Sat 17th Dec
Harcourts Central
Median Sale Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
3 BR
-
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
$601,000
+10.1% $395 $3,500,000 429
2011
$618,000
+2.8% $235,000 $3,399,000 382
2012
$600,000
-3.0% $100,000 $5,450,000 374
2013
$619,000
+3.1% $65,000 $5,250,000 481
2014
$670,000
+7.6% $35,000 $2,410,000 450
2015
$760,000
+11.8% $147,500 $2,900,000 352
2016
$852,000
+10.8% $129,000 $4,962,500 364
2017
$955,000
+10.8% $215,000 $3,070,000 343
2018
$1,030,000
+7.3% $505,000 $5,630,000 325
2019
$955,000
-7.9% $310,000 $4,750,000 334
2020
$1,125,000
+15.1% $105,000 $6,550,000 340
2021
$1,530,000
+26.5% $200,000 $5,910,000 369
2022
$1,615,000
+5.3% $310,000 $7,600,000 276
Median Sale Price
$1.62M
Based on 301 recorded sales within the last 12 months
Updated on 9 Dec 2022
Suburb Growth
+7.4%
Current Median Price: $1,620,000
Previous Median Price: $1,500,200
Based on 676 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2022)
Price Range Segments (12 months ending Nov 2022)
Median Weekly Rent Price
House
-
Updated on Oct 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Oct 2022
1 BR
-
2 BR
-
3 BR
-
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
$500
+7.0% $300 $1,350 259
2017
$500
0.0% $290 $2,400 187
2018
$550
+9.1% $290 $1,550 196
2019
$550
0.0% $300 $2,200 222
2020
$575
+4.3% $360 $2,250 171
2021
$680
+15.4% $430 $1,800 152
2022
$750
+9.3% $350 $2,000 159
Median Rent Price
$750
per week
Based on 170 recorded rent within the last 12 months
Updated on 9 Dec 2022
Rent Price Growth
+12.0%
Current Median Rent: $750
Previous Median Rent: $660
Based on 322 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,620,000
Current Median rent: $750
Based on 471 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2022)

Auction Results For Mount Martha

Houses sold in Last 12 months ends 3 Dec 2022

$1.53M

Median Sale Price

99%

Clearance Rate

215/218

Sold/Reported

$7.6M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 19
$2 M - $3 M 30
$1.8 M - $2 M 23
$1.6 M - $1.8 M 28
$1.4 M - $1.6 M
(Median Price Range)
22
$1.2 M - $1.4 M 28
$1 M - $1.2 M 39
$800 K - $1 M 19
$600 K - $800 K 2
$400 K - $600 K 1
less than $400 K 3

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