Suburb Profile Report for Mount Martha VIC (3934)

Mount Martha House: Median price $997,500, Annual capital growth 7.57%, Number of sales 349, Weekly median advertised rent $550

Mount Martha Unit: Median price $612,000, Annual capital growth 6.19%, Number of sales 45, Weekly median advertised rent $455

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

VIC has seen average median house prices change by 3.76% which means that Mount Martha, 3934 has done well for property investors by showing a capital gain of 6.26% over the last year

If we look at median property appreciation over just the last three months, Mount Martha has given property investors a paper return of 0.86%. This puts Suburb as 246 on a list of fastest fasting appreciating suburbs in VIC

The most recent median price for Mount Martha is $997500, with sellers offering an average of -6.95% off the asking price.

At number 952 in a list of fastest selling suburbs, Mount Martha is in the TOP 30% of suburbs in Australia with an average of days on market 51.05 for properties listed there.

The VIC suburb of Mount Martha, 3934 is in the Mornington Peninsula (S) local government area.

Mount Martha, 3934 ranked 92th in VIC when comparing growth in median property values or capital gain over the last 12 months. Mount Martha is one of 2099 in our list for VIC

If we look at median property appreciation over just the last three months, Mount Martha has given property investors a paper return of 6.43%. This puts Suburb as 25 on a list of fastest fasting appreciating suburbs 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 -4.20% is being offered, which puts this VIC suburb at 850th most discounted overall in Australia.

Residents and property investors in Mount Martha have been waiting around 80.57 days to sell a property.

Mount Martha, 3934’s gross rental yield is 3.87%

Metrics i HOUSE UNIT
$997,500 $612,000
0.86% 6.43%
6.26% 8.32%
7.57% 6.19%
$550 $455
349 45
2.87% 3.87%
51.05 80.57

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

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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