SOLD
Sold on 13 Apr 2024 for $1,100,000

108 Somerset Drive
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 784m2
Sold By
Carman Real Estate
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Property Details for 108 Somerset Dr, Mount Martha

108 Somerset Dr, Mount Martha is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 784m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Mount Martha in the last 12 months.

Building Type
House
Land Size
784m2
Local Government
Mornington Peninsula
Lot/Plan
190/LP80299

Last Listing description (August 2024)

Pristine beachside gem brimming with possibilities

Immaculately maintained and positioned in a covetable beachside enclave close to Mount Martha Golf Course and a stone's throw to the village, this three bedroom coastal home on a large 784m2 (approx) allotment offers an enticing lifestyle package paired with exciting scope to update.

Flaunting a family focused layout across a spacious single level, the residence features two sumptuous living areas with lush wall-to-wall carpeting, a tiled meals area and formal dining room or home office branching off the entry hall.

The well sized central kitchen fitted with an original electric cooktop and oven is tidy and functional as it awaits a possible modern upgrade, while a shrewd eye will also spot the possibility of adding a second storey (STCA) to extend the residence and capture potential bay views to the Melbourne city skyline.

Nestled down a separate hall, the three comfortable bedrooms share a full family bathroom with a shower, bathtub and a separate toilet in this classic layout.

Backdropped by the seaside vibe, the shaded alfresco area off the family room provides an idyllic spot for outdoor dining, barbies with mates and weekend relaxation.

An easy walk to Mount Martha Primary School, a short drive to Balcombe Grammar, 2 minutes' drive to the village and South Beach, and a few minutes to the Briars, this light filled home includes ducted heating and a freestanding garage accessed via Devon Court.

Property History for 108 Somerset Dr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,100,000
13 Apr 2024
  • 13 Apr 2024
    Sold for $1,100,000
  • 06 Apr 2024
    Listed for Sale $1,050,000 - $1,150,000
  • 22 Dec 2023
    Transferred
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About Mount Martha 3934

The size of Mount Martha is approximately 30.3 square kilometres. It has 43 parks covering nearly 11.5% of total area. The population of Mount Martha in 2011 was 17,087 people. By 2016 the population was 18,552 showing a population growth of 8.6% in the area during that time. The predominant age group in Mount Martha is 40-49 years. Households in Mount Martha are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Martha work in a professional occupation. In 2011, 83.3% of the homes in Mount Martha were owner-occupied compared with 82.4% in 2016.

Mount Martha has 9,619 properties. Over the last 5 years, Houses in Mount Martha have seen a 49.29% increase in median value, while Units have seen a 28.48% increase. As at 31 August 2024:

  • The median value for Houses in Mount Martha is $1,432,506 while the median value for Units is $766,180.
  • Houses have a median rent of $750 while Units have a median rent of $590.
There are currently 59 properties listed for sale, and 2 properties listed for rent in Mount martha on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in Mount martha.

Suburb Insights for Mount Martha 3934

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.