OFF MARKET

4 Ferrero Grove
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 134m2
Land area: 767m2
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Property Details for 4 Ferrero Gr, Mount Martha

4 Ferrero Gr, Mount Martha is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 767m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
House
Year Built
1980
Floor Size
134m2
Land Size
767m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP85496

Last Listing description (November 2018)

Loaded with charm and family-friendly appeal within paces of beautiful South Beach, Village shops, cafes and the Mount Martha Primary School, those looking to break into the coveted beachside Mt Martha market will delight in the potential of this three-bedroom home.

Beneath a high skillion roofline with exposed rafters, the single-level floorplan features twin living and dining rooms, each with sliding doors to a deep verandah, while an atmospheric open fireplace in a brick surround speaks of toasty winters curled up on the sofa with a glass of red.

The centrally located kitchen is well sized and drenched in light via a luminous skylight window. Generous master bedroom with ensuite and a further two bedrooms with family bathroom.

Set on a 767m2 (approx) allotment cradled by mature trees, the property includes multiple split-system heating/aircon units, a carport and lock-up garage.

A rare opportunity for permanent residents or holidaymakers alike to create their dream home.

Property History for 4 Ferrero Gr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,015,000
04 Jun 2018
  • 04 Jun 2018
    Sold for $1,015,000
  • 01 Jun 2018
    Listed for Sale Contact Agent
  • 01 Jan 2004
    Sold for $150,000
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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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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.