Market snapshot
Suburb insights for Mount Martha3934
Change suburbMount Martha is located 53 km south of the CBD. Mount Martha is a bayside suburb on the Mornington Peninsula. It is traditionally a popular retirement area and has a number of aged care facilities. Mount Martha is predominantly residential in the west and more rural in the east incorporating small agricultural holdings as well as recreational facilities. Mount Martha features the large 'The Briars Historical Park' and the Devilbend Reservoir.
Sales data
Median sale price
$1.5mil
Quarterly price change
18.3%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Mount Martha | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $1,100,000 | $807,000 |
| 4 | $1,637,500 | $950,000 |
| Insight | Mount Martha | Metro comparison |
|---|---|---|
| Clearance rate | 72.6% | |
| Days on market | 51.5 | 43 |
Rental data
Median weekly rent
$785
Rental yield
2.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Mount Martha | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $680 | $550 |
| 4 | $850 | $600 |
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