151 Somerset DriveMount Martha VIC 3934
Property Details for 151 Somerset Dr, Mount Martha
151 Somerset Dr, Mount Martha is a 5 bedroom, 3 bathroom House with 5 parking spaces and was built in 1980. The property has a land size of 1338m2 and floor size of 362m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (June 2023)
Truly rare in size and stature, this exceptional seaside home overflows with an abundance of accommodation offering four bedrooms, a self-contained guest apartment as well as extensive home office and workshop.
With striking architectural features and tranquil bay glimpses, the home is beautifully zoned over three levels, with bedrooms on the upper level, living and entertaining on mid-level and home office on the lower level.
Ideal for multi-generational living with its own entry, the apartment offers comfort for parents, guests or to run seaside stays with its own lounge, kitchen, bathroom and private deck.
In an enviable beachside location walking distance to Mt Martha Primary School, Balcomble Grammar, village shops and beautiful South Beach.
Spacious split-level formal lounge and dining rooms
Family room opening to generous alfresco deck
Bedrooms opening to mezzanine retreat/lounge
Large laundry/utilities room with drying room
Double carport, plus double garage & carport
Rear workshop and adjoining storage area
The property will be available for a minimum 6 month lease.
Property History for 151 Somerset Dr, Mount Martha, VIC 3934
- 23 May 2023Listed for Rent $1,000 / week
- 11 Mar 2022Listed for Rent - Price not available
- 03 Oct 2021Sold for $1,720,000
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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 9,596 properties. Over the last 5 years, Houses in Mount Martha have seen a 38.26% increase in median value, while Units have seen a 23.18% increase. As at 31 October 2024:
- The median value for Houses in Mount Martha is $1,393,145 while the median value for Units is $768,538.
- Houses have a median rent of $755 while Units have a median rent of $620.
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