OFF MARKET

127 Somerset Drive
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 167m2
Land area: 807m2
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Last updated 30 Sep 2024
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Property Details for 127 Somerset Dr, Mount Martha

127 Somerset Dr, Mount Martha is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 807m2 and floor size of 167m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
House
Year Built
1970
Floor Size
167m2
Land Size
807m2
Local Government
Mornington Peninsula
Lot/Plan
169/LP71094

Last Listing description (August 2017)

Set behind private electric gates hides a beautiful secret magnificent views of the sparkling night lights across the Northern Peninsula coastline of Mount Martha and Schnapper Point across to the city. This solid three bedroom, two bathroom contemporary residence incorporates a pristine modern kitchen, dining and two main living spaces with two large outdoor decks.
Conveniently located in the heart of Mount Martha, nothing is too far away. Spend summer relaxing by South Beach, weekends down at the local caf s and Mount Martha Village and nights in down by the fire pit or on your own balcony overlooking the colours of the sunset. Additional features include quality timber flooring, built in robes, ducted gas heating and built in outdoor BBQ area.
Situated on a generous approx. 807sqm allotment this home is perfect for a multitude of buyers. Don t miss out!

Property History for 127 Somerset Dr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$970,000
28 Jul 2017
  • 28 Jul 2017
    Sold for $970,000
  • 12 Jul 2017
    Listed for Sale $880,000 - $950,000
  • 20 Sep 1998
    Sold for $163,000
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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 58 properties listed for sale, and 2 properties listed for rent in Mount martha on OnTheHouse. According to CoreLogic's data, 342 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.