Suburb Profile Report for Mount Martha VIC (3934)

Mount Martha House: Median price $920,000, Annual capital growth 8.24%, Number of sales 357, Weekly median advertised rent $500

Mount Martha Unit: Median price $561,000, Annual capital growth 6.23%, Number of sales 76, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Mount Martha, 3934 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 15.72%.

The five-year average increase in median property values for Mount Martha,3934 has given property investors a potential capital gain of 53.14% across each of those five years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Mount Martha itself are offering an average vendor discount of -4.42% to real estate investors.

Renters in Suburb are facing rents around $6000 per annum or $500 every week.

Investment property in Mount Martha has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.85%

When looking at the potential capital gains offered to property investors over the last 3 years, Mount Martha comes in at number 133th in VIC.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mount Martha, 3934. Typically our figures indicate that -3.04% is being offered, which puts this VIC suburb at 1261th most discounted overall in Australia.

Property investors should expect to get $420 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$920,000 $561,000
1.66% 0.63%
15.72% 5.85%
8.24% 6.23%
$500 $420
357 76
2.83% 3.89%
49.58 99.1

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 17087
Median household income ($/weekly) 1415
Median age of persons 41
Median housing loan repayment ($/monthly) 1950
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 2602 15.2
    35-44 years 2710 15.9
    45-54 years 2359 13.8
    55-64 years 2034 11.9
    65-74 years 1745 10.2
    Others 5637 33.0
    Age Group
    Census Count Percent(%)
    Registered Married 7072 59.9
    Not Married 3769 31.9
    Defacto Relationship 960 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 12815 78.6
    Greece 113 0.7
    Papua New Guinea 237 1.5
    United Kingdom 2071 12.7
    Other 281 1.7
    Others 795 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 124 0.8
    Christianity 10490 67.7
    Judaism 29 0.2
    Other Religious Groups 35 0.2
    No Religion 4776 30.8
    Others 32 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 494 9.5
    $800-$999 475 9.1
    $1,500-$1,999 731 14.1
    $2,000-$2,499 567 10.9
    $2,500-$2,999 535 10.3
    Others 2391 46.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4491 35.8
    Not in the labour force 4387 35.0
    Employed, worked part-time 2928 23.3
    Employed, away from work 472 3.8
    Unemployed, looking for work 269 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1174 14.9
    Professionals 1785 22.6
    Technicians & trades workers 1293 16.4
    Clerical & administrative workers 1065 13.5
    Sales 940 11.9
    Others 1632 20.7
    Occupation
    Census Count Percent(%)
    Pre-school 353 8.4
    Infants/Primary 1781 42.4
    Secondary 1295 30.9
    Technical or Further Educational Institution 310 7.4
    University or other Tertiary Institutions 361 8.6
    Others 96 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14578 93.6
    Semi-detached, row or terrace house, townhouse 829 5.3
    Flat, unit or apartment 175 1.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 2664 46.5
    Fully owned 2203 38.4
    Rented 784 13.7
    Other tenure type 81 1.4
    Tenure Type
Census 2011, ABS
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