Suburb Profile Report for Mount Martha VIC (3934)

Mount Martha House: Median price $835,000, Annual capital growth 7.73%, Number of sales 397, Weekly median advertised rent $495

Mount Martha Unit: Median price $530,000, Annual capital growth 5.95%, Number of sales 81, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 16.13% for the last 12 months, Mount Martha, 3934 has performed for property investments than its average annual 7.73% property growth over the last 5 years.

Across a shorter period, Mount Martha, 3934 has seen a median price increase of 6.03% over the last quarter.

Mount Martha, 3934 is offering VIC ‘s 431th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.

Advertised rents are around the $495 mark per week – giving a return of 3.08% based on the median price in Suburb

Property value increases in Mount Martha have tracked just higher than the VIC average of 3.19% over the last 12 months.

A 35.90% growth in median value for property investors in Mount Martha,3934 puts this suburb at number 152th in terms of best performing suburbs in VIC

Our latest figures would indicate that property sellers in Mount Martha are currently offering property investors an average price cut of -2.05% below the asking price at the moment.

Property investors should expect to get $430 weekly from the median priced house in this suburb.

HOUSE UNIT
$835,000 $530,000
6.03% 0.95%
16.13% 6.11%
7.73% 5.95%
$495 $430
397 81
3.08% 4.22%
62.26 76.12

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (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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