SOLD
RECENT ADVICE
Sold on 10 May 2024 for $1,500,000

18 Somerset Drive
Mount Martha VIC 3934

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 865m2
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Property Details for 18 Somerset Dr, Mount Martha

18 Somerset Dr, Mount Martha is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 865m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 4 bedroom House sold in Mount Martha in the last 12 months.

Building Type
House
Land Size
865m2
Local Government
Mornington Peninsula
Lot/Plan
360/LP87739

Last Listing description (May 2024)

Expertly envisioned to bring a slice of coastal luxury to Mount Martha’s welcoming hillside, this charming four bedroom home leaves nothing to be desired as sparkling views of Port Phillip Bay position Melbourne’s CBD on the horizon for a truly spectacular outlook. A 'storybook' design creates a choice of warm, welcoming and private spaces throughout the home each marked with the unique character of cathedral ceilings and charming windows.

Open and airy, the family domain includes space to lounge, dine and spill into the northern-sun with a north-facing alfresco, and second separate living room above. Updated with European appliances including double Bosch pyrolytic ovens, Blanco double sink, integrated dishwasher, walk in pantry and waterfall Ambassador stone benchtops the kitchen offers a sense of calm accompanied by a Grand Cru dual-zone wine fridge in the bar nook inviting friends and family to celebrate on any occasion.

Large in scale the master bedroom rests on its own level, complete with a walk-in robe and ensuite bathroom where floor-to ceiling tiles embrace a free-standing bath, rain shower, heated towel rail and double vanity. Continuing the accommodation three double bedrooms occupy the lowest level, where a shared bathroom comprises handmade Italian tiles and a separate W/C.

A spacious laundry opens to ground-level decking, and a private landscape bordered with birdsong from high amongst the mature gums. Nestled against the 16th tee at Mount Martha Golf Course the rear yard offers direct access to golf course and local walking trails, whilst the front yard takes inspiration from the tropics with a flourishing landscape and a genuine sense of privacy from the street. Reverse cycle air conditioning and a double carport with automatic door enhance the exciting lifestyle of a home just 5 minutes from Balcombe Grammar, Mount Martha Village and beach.

Property History for 18 Somerset Dr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,500,000
10 May 2024
  • 10 May 2024
    Sold for $1,500,000
  • 16 Feb 2024
    Listed for Sale $1,450,000 - $1,575,000
  • 01 Feb 2014
    Sold for $595,000
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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.
There are currently 57 properties listed for sale, and 1 property listed for rent in Mount martha on OnTheHouse. According to CoreLogic's data, 345 properties were sold in the past 12 months in Mount martha.

Suburb Insights for Mount Martha 3934

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Geoff Oxford
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Julie Lock
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Seachange Property - MORNINGTON
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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.