SOLD
Sold on 27 Mar 2024 for $750,000

6/131 Racecourse Road
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 134m2
Land area: 189m2
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Property Details for 6/131 Racecourse Rd, Mount Martha

6/131 Racecourse Rd, Mount Martha is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 189m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Mount Martha in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
134m2
Land Size
189m2
Local Government
Mornington Peninsula
Lot/Plan
6/PS520694

Last Listing description (April 2024)

Securely located in a well-kept complex with an outlook onto a central reserve, this spacious three-bedroom Townhouse offers:

? A spacious lounge room on the ground floor
? Gallery kitchen with dishwasher

? Three bedrooms all located on the second floor & all host built in robes
? Central bathroom with bath
? 2 new toilets
? Brand new gas ducted heating
? Split system heating & cooling
? Fresh paint
? Outdoor entertaining area + garden shed
? Double lock up garage with internal access

Set within walking distance to Osbourne Primary School & Benton junior college and only minutes away from Sherlock playground & Benton?s Square shopping precinct.

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TO APPLY FOR THIS PROPERTY
To submit your application on this property please use 2Apply. Visit our website at www.elitepmg.com.au select the property address and select Apply Online.

COMPLIANCE CHECKS
This property has undergone all compliance checks and a copy of the safety reports are available to the successful renter.

DISCLAIMER
Elite Property Management Group has relied in good faith in the preparation of information provided. Elite Property Management Group has made all reasonable efforts to ensure all information provided to you is true & correct. The accuracy of the information provided to you cannot be guaranteed. If you are considering this rental home, you must make all enquiries necessary to satisfy yourself that all information is accurate.

Property History for 6/131 Racecourse Rd, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$750,000
27 Mar 2024
Listed for Rent
$450/w
10 May 2019
  • 27 Mar 2024
    Sold for $750,000
  • 13 Mar 2024
    Listed for Rent $650 / week
  • 25 Nov 2023
    Listed for Sale $700,000 - $770,000
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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 9,598 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 61 properties listed for sale, and 1 property 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

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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.