Market snapshot
Suburb insights for Mount Martha3934
Change suburbMount Martha is located 53 km south-east of the CBD and is a bayside suburb on the Mornington Peninsula. It continues to be a popular holiday destination, situated opposite one of Port Phillip Bay’s most beautiful beaches, with its iconic boatsheds. Mount Martha is now predominantly a residential suburb, although it still incorporates some small semi-rural holdings. In addition to many recreational facilities, Mount Martha features a vibrant village shopping precinct and The Briars, a large historical park. It is also close to the vast Devilbend Reservoir Reserve to the east and the Martha Cove Marina development to the south.
Sales data
Median sale price
$1.5mil
Quarterly price change
-0.1%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Mount Martha | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $1,147,500 | $863,000 |
| 4 | $1,600,000 | $980,500 |
| Insight | Mount Martha | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 42.5 | 37 |
Rental data
Median weekly rent
$750
Rental yield
2.7%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Mount Martha | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $720 | $550 |
| 4 | $950 | $595 |
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