At number 2931th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Martha, 3934 is in the BOTTOM 30% with a property value increase of -6.87% recorded in median house prices.
Across a shorter period, Mount Martha, 3934 has seen a median price increase of -1.35% over the last quarter.
Our latest figures would indicate that property sellers in Mount Martha are currently offering property investors an average price cut of -10.14% below the asking price at the moment.
On average over the past year, suburb has had 23.33 sales per month, which equates to 280 per year.
Property investors should expect to get $560 weekly from the median priced house in this suburb.
Investment property in Mount Martha has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.43%
While Mount Martha,3934 ranked number 175th in VIC for increase in median house value (annualised) increase, it is ranked 95th over the last 5 years.
Sellers are offering property buyers an average discount of -4.94% to buyers in Mount Martha at the moment, which is less than average for the rest of VIC.
Residents and property investors in Mount Martha have been waiting around 106.459 days to sell a property.
Property investors should expect to get $460 weekly from the median priced house in this suburb.