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
$1M
Updated on Mar 2020
2 BR
$770K
3 BR
$920K
4 BR
$1.07M
Unit
$655K
Updated on Mar 2020
1 BR
-
2 BR
$533K
3 BR
$687K
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
$1,042,500
+9.8% $175,000 $3,125,000 106
Median Sale Price
$1.01M
Based on 303 recorded sales within the last 12 months
Updated on 28 May 2020
Suburb Growth
+8.0%
Current Median Price: $1,005,000
Previous Median Price: $925,000
Based on 597 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Apr 2020)
Price Range Segments (12 months ending Apr 2020)
Median Weekly Rent Price
House
$550
Updated on Apr 2020
2 BR
$550
3 BR
$490
4 BR
$628
Unit
$450
Updated on Apr 2020
2 BR
$400
3 BR
$460
4 BR
$550
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 $1,550 196
2019
$550
0.0% $300 $2,200 221
2020
$570
+3.5% $365 $2,250 77
Median Rent Price
$550
per week
Based on 199 recorded rent within the last 12 months
Updated on 28 May 2020
Rent Price Growth
0.0%
Current Median Rent: $550
Previous Median Rent: $550
Based on 418 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $1,005,000
Current Median rent: $550
Based on 502 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Apr 2020)

Auction Results For Mount Martha

Houses sold in Last 12 months ends 23 May 2020

$1.08M

Median Sale Price

92%

Clearance Rate

100/109

Sold/Reported

$4.4M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 3
$2 M - $3 M 6
$1.6 M - $1.8 M 3
$1.4 M - $1.6 M 8
$1.2 M - $1.4 M 12
$1 M - $1.2 M
(Median Price Range)
14
$800 K - $1 M 18
$600 K - $800 K 12

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