OFF MARKET

56 Somerset Drive
Mount Martha VIC 3934

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Floor area: 9m2
Land area: 826m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 56 Somerset Dr, Mount Martha

56 Somerset Dr, Mount Martha is a 4 bedroom, 4 bathroom House with 3 parking spaces and was built in 2013. The property has a land size of 826m2 and floor size of 9m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
2013
Floor Size
9m2
Land Size
826m2
Local Government
Mornington Peninsula
Lot/Plan
416/LP83677

Last Listing description (December 2020)

A haven of contemporary coastal living awaits you here in this masterfully crafted residence. With bespoke finishes, grand scale, modern conveniences and broad bay views, this property offers a very special brand of beachside living.

Set over two well resolved levels of living, the interior is beaming with natural light and very inviting spaces. With hardwood floors, crisp white walls and large expanses of double glazed windows, the living domains exude understated elegance which is echoed throughout this quality build home.

Located in a highly convenient setting, from here you are only moments away from stunning beaches, Mt Martha Village, leading schools, Mt Martha golf course and numerous walking tracks. Be quick to come and inspect this exemplary property and see the incredible lifestyle opportunity on offer.

- 832sqm* block
- 335sqm* of living
- Bay & city views
- Split system heating & cooling
- Ducted vacuum
- 2700m+ ceilings
- Three car remote garage/workshop
- Wine cellar
- Double glazed windows
- Home office
- Open fire place
- Dumb waiter and full butlers pantry
- Corner block with dual street access
*measurements are indicative only

Property History for 56 Somerset Dr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,610,000
20 Nov 2020
  • 20 Nov 2020
    Sold for $1,610,000
  • 06 Oct 2020
    Listed for Sale $1,595,000-$1,650,000
  • 07 Sep 2007
    Sold for $360,100
Sign in to see more transactions

Commute Calculator

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 58 properties listed for sale, and 2 properties listed for rent in Mount martha on OnTheHouse. According to CoreLogic's data, 342 properties were sold in the past 12 months in Mount martha.

Suburb Insights for Mount Martha 3934

Market Insights
Mount Martha Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Mount Martha Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.