SOLD
Sold on 01 Nov 2023 for $2,500,000

265 Craigie Road
Mount Martha VIC 3934

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 8015m2
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Property Details for 265 Craigie Rd, Mount Martha

Building Type
Land
Land Size
8015m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS604027

Last Listing description (March 2024)

Embark on a journey to create your dream residence on this expansive approximately 2-acre block of land. Located in close proximity to the vibrant heart of Mount Martha, you'll enjoy easy access to shops and seamless transport options.
Immerse yourself in the coastal charm with beaches nearby and indulge in quick drives to renowned wineries, adding a touch of luxury to your lifestyle. Families will appreciate the abundance of schools in the area, providing ample choices for education. The convenience of being close to the freeway ensures a swift connection to the city, offering the best of both worlds - a tranquil haven and city accessibility.
Don't miss out on the chance to build your dream home in this well-connected and diverse locale.

Property History for 265 Craigie Rd, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$2,500,000
01 Nov 2023
  • 05 Mar 2024
    Listed for Sale $1,900,000
  • 01 Nov 2023
    Sold for $2,500,000
  • 02 Oct 2023
    Listed for Sale $1,900,000 - $2,050,000
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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 9,610 properties. Over the last 5 years, Houses in Mount Martha have seen a 51.53% increase in median value, while Units have seen a 27.77% increase. As at 31 July 2024:

  • The median value for Houses in Mount Martha is $1,437,336 while the median value for Units is $754,848.
  • Houses have a median rent of $770 while Units have a median rent of $585.
There are currently 52 properties listed for sale, and 4 properties listed for rent in Mount martha on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in Mount martha.

Suburb Insights for Mount Martha 3934

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David Taylor
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John Taylor
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Fletchers Canterbury
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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.