Suburb Profile Report for Mount Martha VIC (3934)

Mount Martha House: Median price $970,000, Annual capital growth 7.77%, Number of sales 332, Weekly median advertised rent $525

Mount Martha Unit: Median price $633,000, Annual capital growth 6.67%, Number of sales 50, Weekly median advertised rent $455

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

With a capital gain of 7.12% for the last 12 months, Mount Martha, 3934 has performed for property investments than its average annual 7.77% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Mount Martha has given property investors a paper return of 2.29%. This puts Suburb as 224 on a list of fastest fasting appreciating suburbs in VIC

LACK OF BUYER INTEREST may well be the reason that Mount Martha is offering property investors an average of -5.19. This rate of discount on properties puts Suburb at number 209th in terms of most discounted suburbs in VIC

Over the last year, property investments in Mount Martha, 3934 have given investors a capital gain of 12.04%. This compares favourably with the 7.50% for VIC as a whole.

Over the longer term, Mount Martha has seen property prices show investors a 31.87% return over the last 3 years. This is worse than over the last 12 months

Mount Martha3934 is located in VIC which offers an average discount of -4.65% to property investors. Mount Martha itself is showing figures that indicate -4.45% is the average achievable by property buyers investing in the suburb.

Mount Martha, 3934’s gross rental yield is 3.74%

Metrics i HOUSE UNIT
$970,000 $633,000
2.29% 8.67%
7.12% 12.04%
7.77% 6.67%
$525 $455
332 50
2.81% 3.74%
53.33 76.43

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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