Mount Martha, VIC 3934
Compare Part of Mornington Peninsula
50.57 km
Distance from Melbourne CBD
12 k
Population
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
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 | $604,000 | +10.6% | $395 | $3,500,000 | 429 |
| 2011 | $619,000 | +2.4% | $235,000 | $3,399,000 | 382 |
| 2012 | $600,000 | -3.2% | $100,000 | $5,450,000 | 374 |
| 2013 | $620,000 | +3.2% | $65,000 | $5,250,000 | 481 |
| 2014 | $670,000 | +7.5% | $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 | $10,500,000 | 373 |
| 2022 | $1,650,000 | +7.3% | $310,000 | $7,600,000 | 296 |
| 2023 | $1,520,000 | -8.6% | $531,000 | $9,500,000 | 310 |
| 2024 | $1,460,000 | -4.1% | $640,000 | $8,180,000 | 300 |
| 2025 | $1,430,000 | -2.1% | $121,000 | $4,700,000 | 14 |
Median Sale Price
$1.45M
Based on 304 recorded sales within the last 12 months
Updated on 27 Jan 2025
Suburb Growth
-5.5%
Current Median Price: $1,450,000
Previous Median Price: $1,530,000
Based on 612 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
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 | $580 | +5.2% | $360 | $2,250 | 171 |
| 2021 | $680 | +14.7% | $430 | $2,250 | 153 |
| 2022 | $740 | +8.1% | $350 | $2,000 | 191 |
| 2023 | $795 | +6.9% | $350 | $2,400 | 190 |
| 2024 | $845 | +5.9% | $450 | $2,500 | 207 |
| 2025 | - | - | - | - | - |
Median Rent Price
$845
per week
Based on 190 recorded rent within the last 12 months
Updated on 27 Jan 2025
Rent Price Growth
+5.3%
Current Median Rent: $845
Previous Median Rent: $800
Based on 385 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $1,450,000
Current Median rent: $845
Based on 494 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Mount Martha
Houses sold in Last 12 months ends 25 Jan 2025
$0M
Median Sale Price
25%
Clearance Rate
2/8
Sold/Reported
$0M
Highest Sale Price
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 |