Mount Martha, VIC 3934
Compare Part of Mornington Peninsula
50.57 km
Distance from Melbourne 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 | |
Similar Suburbs to Mount Martha 3934
Based on median house sale price sold in last 12 months
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 |