OFF MARKET

21 Spencer Street
Mount Martha VIC 3934

Bedrooms: 6
Bathrooms: 3
Car spaces: -
Floor area: 426m2
Land area: 943m2
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Last updated 30 Sep 2024
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Property Details for 21 Spencer St, Mount Martha

21 Spencer St, Mount Martha is a 6 bedroom, 3 bathroom House and was built in 2024. The property has a land size of 943m2 and floor size of 426m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
2024
Floor Size
426m2
Land Size
943m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP212019

Last Listing description (July 2023)

Positioned just off The Esplanade and boasting 943sqm (approx.) of flat utilisable land, this cleared versatile block offers a rare opportunity to build a custom built home ( S.T.C.A ) with expansive and picturesque views over Port Phillip bay.

Within walking distance to an array of luxury beaches, restaurants, cafés and walking trails I encourage all potential purchasers to organise an onsite inspection to admire what this site has to offer.

Reasons to purchase:

• An extremely rare opportunity to design your dream home
• Flat and cleared block saving on site costs
• Picturesque views over Port Phillip Bay
• Excellent location

Within proximity:
• Mount Martha Village
• Finlayson Reserve
• Mount Martha Beach
• Balcombe Estuary Reserve
• A multitude of local restaurants

Whether you live locally or commute to Melbourne via the nearby Peninsula Link, this opportunity offers a lifestyle of comfort. Invest in confidence and bank on the returns of LAND, LIFESTYLE and the best LOCATION.
Mount Martha is one of Melbourne’s fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchasers are seeing enormous value in the lifestyle elements this great suburb offers! This is a great opportunity to enjoy Mount Martha’s:
* Luxury Beaches
* Local reserves and Estuary’s
* Multitude of Restaurants, Cafes and Entertainment Options
* Ever Expanding Collection of Shopping Outlets
* Proximity to Melbourne as well as the Mornington Peninsula
* Exemplary nearby schools

Did you know you can DOWNLOAD THE SECTION 32 and MAKE AN OFFER via the ASH MARTON WEBSITE - ashmarton.com.au

*COVID-19 IMPORTANT UPDATE:
Your health and safety is a priority. Therefore, during this time we can facilitate virtual inspections (via virtual walk through technology) or a private inspection for approved candidates. please contact the agent directly to discuss these options.*

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Property History for 21 Spencer St, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$900,000
08 Dec 2020
Listed for Rent
$350/w
04 Oct 2016
  • 31 Jul 2023
    Listed for Sale Not Disclosed
  • 08 Dec 2020
    Sold for $900,000
  • 22 Jan 2020
    Listed for Sale $910,000-$1,000,000
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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.

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