OFF MARKET

70 Somerset Drive
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 190m2
Land area: 886m2
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Property Details for 70 Somerset Dr, Mount Martha

70 Somerset Dr, 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 886m2 and floor size of 190m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1980
Floor Size
190m2
Land Size
886m2
Local Government
Mornington Peninsula
Lot/Plan
423/LP83677

Last Listing description (March 2023)

Elegant coastal living on a gently elevated allotment cleverly crafted to capture tranquil views across the coastal panorama to Port Phillip Bay. Leaving householders spoiled for choice with two living areas and two alfresco decks, endless sunsets can be savoured on the balcony with a glass of local pinot. A well-appointed modern kitchen is fitted with quality appliances, while a home office, enormous fourth bedroom or playroom, games room with bar area, and workshop will delight every single member of the family. A short walk to Mount Martha Primary School with the village and beach just beyond, this prized pocket of Mount Martha is situated beside the golf course and only a few minutes' drive to Balcombe Grammar.

- Elevated for beautiful bay views with fabulous split level design
- Rear tradesman's or handyman's garage, plus second garage

- Formal lounge & dining opens to viewing deck
- Well equipped kitchen boasting Bosch dishwasher & stainless-steel oven
- Master with ensuite & extensive robes, plus enormous 4th bedroom or 3rd living area
- Ducted heating, air-conditioning, plus generous lawn area

Property History for 70 Somerset Dr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,450,000
24 Oct 2022
Listed for Rent
$500/w
07 Dec 2011
  • 24 Oct 2022
    Sold for $1,450,000
  • 01 Jun 2022
    Listed for Sale $1,500,000 - $1,650,000
  • 01 Feb 2015
    Sold for $630,000
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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 9,600 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 64 properties listed for sale, and no 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

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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.