SOLD
RECENT ADVICE
Sold on 22 Nov 2023 for $1,820,000

5 Ellerina Road
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 1400m2
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Property Details for 5 Ellerina Rd, Mount Martha

5 Ellerina Rd, Mount Martha is a 3 bedroom, 1 bathroom House. The property has a land size of 1400m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Mount Martha in the last 12 months.

Building Type
House
Land Size
1400m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS606065

Last Listing description (November 2023)

Framing world-class panoramas over Pebble Beach and the inlet to Martha Cove, with geographical scenes stretching from Red Hill and Arthurs Seat to the Portsea Peninsula, this generational c1951 residence stands as one of the area's earliest homes. Let your imagination run free with significant scope for a myriad of possibilities, including an architectural evolution or rebuild, captivating landscaping and multi-car garaging (STCA).

Offered for the first time in its subdued, breezy history, its traditional hand-crafted construction showcases an open 3-bedroom design characterised by a heightened aspect over the treetops, with pine-lined walls styling its classic fireside aesthetic. An original bathroom/laundry and kitchenette evoke a reminiscent essence of relaxed family holidays above the shoreline, with obvious potential to update and prolong its holiday-home origins.

Watch the yachts retreat to Martha Cove under breathtaking sunsets everyday, while New Year's celebrations have never had a better vantage point, enjoying fireworks across the remainder of the peninsula's vibrant foreshore.

With all services connected plus modern split-system comforts, it's abundantly comfortable for everyday living while the plans and permits process takes place, enjoying an exclusive position just metres from Pebble Beach entryway, Safety Beach Sailing Club, Tassell's Cove beaches, Martha Cove, Mount Martha Village, and Mornington Peninsula Freeway access.

Property specifications
- 1,399 sq. metre* block
- Original c1951 3-bedroom residence in a world-class location
- Generational prospect on offer for the first time
- Breathtaking views over Pebble Beach to the southern peninsula
- Geographical outlooks encompass Red Hill, Arthurs Seat and Portsea Peninsula
- Watch the boats retreat to Martha Cove under breathtaking sunsets
- Reimagine its spacious layout, or create your own architectural spectacle (STCA)
* Measurements are indicative only

Property History for 5 Ellerina Rd, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,820,000
22 Nov 2023
  • 22 Nov 2023
    Sold for $1,820,000
  • 05 Apr 2023
    Listed for Sale $2,200,000-$2,400,000
  • 23 Apr 2014
    Transferred
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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 59 properties listed for sale, and 2 properties listed for rent in Mount martha on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in Mount martha.

Suburb Insights for Mount Martha 3934

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Alex Corradi
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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.