SOLD
Sold on 12 Jun 2024 for $2,900,000

3 Rathgael Avenue
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Land area: 1229m2
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Property Details for 3 Rathgael Ave, Mount Martha

3 Rathgael Ave, Mount Martha is a 3 bedroom, 3 bathroom House with 4 parking spaces. The property has a land size of 1229m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Mount Martha in the last 12 months.

Building Type
House
Land Size
1229m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP137941

Last Listing description (November 2023)

Tucked away in a quiet enclave between Mount Martha village and picturesque Balcombe Estuary, this much-loved family home offers an enviable lifestyle in a serene beachside setting. An address that delivers the very best with South Beach, restaurants, cafes and boutiques nearby as well as the Life Saving & Yacht Club, Tennis club and Balcombe Creek nature boardwalk leading to The Briars. If you venture out further there are world class wineries and golf courses, spa retreats and so much more to discover. All of this within an hours' drive approx. to Melbourne via Peninsula Link.

A classic architectural vogue is defined by polished slate flooring underfoot with exposed brick walls soaring to meet raked timber-lined ceilings, creating a space that is welcoming. Formal fireside living is separate from an expansive rumpus, family and dining area, designed for memorable get-togethers overseen by a unique timber kitchen setting.

The main bedroom features a walk-in robe and a modern skylit ensuite, with two additional bedrooms upstairs placed around a kitchenette and a third living space with a balcony.

The large yard complements the open lifestyle of the nearby shoreline with its BBQ cabana and shaded deck, while a charming bungalow provides an adaptable guest retreat with its built-in bunks and a separate bedroom.

A custom coastal lifestyle offering comes with tailored features to match, including a four-car garage with workshop and attic space, split-system air conditioning, evaporative cooler upstairs, ducted heating, and side gate rear access for the boat or caravan. Renovate, reconfigure or maximise the esteemed 1,229 sq. metre (approx.) site's livability with an all-new dream home build (STCA).

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Property History for 3 Rathgael Ave, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$2,900,000
12 Jun 2024
  • 12 Jun 2024
    Sold for $2,900,000
  • 09 Nov 2023
    Listed for Sale $2,950,000 - $3,200,000
  • 01 Mar 1988
    Sold for $180,000

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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 9,599 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 64 properties listed for sale, and no properties listed for rent in Mount martha on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Mount martha.

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