SOLD
RECENT ADVICE
Sold on 03 Dec 2024 for $1,590,000

50 Panorama Drive
Mount Martha VIC 3934

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 297m2
Land area: 1106m2
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Property Details for 50 Panorama Dr, Mount Martha

50 Panorama Dr, Mount Martha is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 1106m2 and floor size of 297m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 5 bedroom House sold in Mount Martha in the last 12 months.

Building Type
House
Floor Size
297m2
Land Size
1106m2

Last Listing description (December 2024)

Nestled in a tranquil pocket of Mt Martha, this character filled residence offers a rare opportunity to secure a spacious family home in an idyllic setting. Positioned directly opposite the serene Sunshine Creek Reserve, this expansive property delivers a harmonious blend of nature and relaxed living. The home's generous layout includes five well-proportioned bedrooms, plus a home office & studio, making it ideal for large or extended families seeking room to grow.

The home's open-plan design encourages natural light to flood into the living spaces, enhancing the feeling of peace and privacy throughout. Multiple living zones cater to modern family dynamics, offering a seamless balance between shared areas and quiet retreats. The kitchen, with ample bench space and storage, sits at the heart of the home, perfect for hosting gatherings or preparing family meals.

Outside, the peaceful surroundings of the reserve add to the allure, with walking tracks and green spaces right on your doorstep. Whether it's enjoying the serenity of the reserve or taking advantage of the home's sprawling accommodation, this unique property offers an unparalleled lifestyle in one of Mt Martha's most coveted locations.

Property Specifications
- 1106sqm* block
- 297sqm* of living
- 5 bedroom + home office & studio
- Grand proportions with 3m plus ceilings
- Sprawling open plan living
- 2 living areas plus formal dining
- Gas log fires in both living rooms
- Studio with kitchenette & bathroom
- Master with luxury marble en suite, WIR & fireplace
- Large alfresco deck & low-maintenance landscaping
- Timber floors include parquetry in formal dining
- Alarm system, 3 split A/C systems
- Double car port
- Fully fenced and secure rear yard for children and pets
- Short distance to Mt Martha Primary and Balcombe Grammar
- Short 5 minute drive to Peninsula link
*measurements are indicative only

Property History for 50 Panorama Dr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,590,000
03 Dec 2024
  • 03 Dec 2024
    Sold for $1,590,000
  • 25 Oct 2024
    Listed for Sale $1,700,000-$1,870,000
  • 08 Jul 2022
    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 9,644 properties. Over the last 5 years, Houses in Mount Martha have seen a 36.84% increase in median value, while Units have seen a 25.06% increase. As at 30 November 2024:

  • The median value for Houses in Mount Martha is $1,386,693 while the median value for Units is $783,433.
  • Houses have a median rent of $800 while Units have a median rent of $620.
There are currently 47 properties listed for sale, and 2 properties listed for rent in Mount martha on OnTheHouse. According to CoreLogic's data, 359 properties were sold in the past 12 months in Mount martha.

Suburb Insights for Mount Martha 3934

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Sam Danckert
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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.