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 9 Jul
Auction Time Agency
3 Burston Court
3 2 3 House
2:30 PM
Sat 9th Jul
NicholasLynch
Median Sale Price
House
$1.7M
Updated on May 2022
2 BR
$1.1M
3 BR
$1.36M
4 BR
$1.86M
Unit
$835K
Updated on May 2022
1 BR
-
2 BR
$750K
3 BR
$873K
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 $4,750,000 333
2020
$1,125,000
+15.1% $105,000 $6,550,000 340
2021
$1,530,000
+26.5% $200,000 $5,910,000 368
2022
$1,650,000
+7.3% $310,000 $7,600,000 151
Median Sale Price
$1.64M
Based on 315 recorded sales within the last 12 months
Updated on 27 Jun 2022
Suburb Growth
+18.4%
Current Median Price: $1,640,000
Previous Median Price: $1,337,500
Based on 711 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending May 2022)
Price Range Segments (12 months ending May 2022)
Median Weekly Rent Price
House
$700
Updated on May 2022
2 BR
$450
3 BR
$600
4 BR
$890
Unit
$590
Updated on May 2022
2 BR
$478
3 BR
$595
4 BR
$650
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 $1,800 151
2022
$750
+9.3% $460 $1,400 81
Median Rent Price
$750
per week
Based on 157 recorded rent within the last 12 months
Updated on 27 Jun 2022
Rent Price Growth
+17.3%
Current Median Rent: $750
Previous Median Rent: $620
Based on 297 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,640,000
Current Median rent: $750
Based on 472 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending May 2022)

Auction Results For Mount Martha

Houses sold in Last 12 months ends 25 Jun 2022

$1.6M

Median Sale Price

100%

Clearance Rate

228/230

Sold/Reported

$7.6M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 25
$2 M - $3 M 37
$1.8 M - $2 M 26
$1.6 M - $1.8 M
(Median Price Range)
26
$1.4 M - $1.6 M 28
$1.2 M - $1.4 M 29
$1 M - $1.2 M 26
$800 K - $1 M 19
$600 K - $800 K 6
less than $400 K 5

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