OFF MARKET

8/131 Racecourse Road
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 131m2
Land area: 233m2
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Property Details for 8/131 Racecourse Rd, Mount Martha

8/131 Racecourse Rd, Mount Martha is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2004. The property has a land size of 233m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
Townhouse
Year Built
2004
Floor Size
131m2
Land Size
233m2
Local Government
Mornington Peninsula
Lot/Plan
8/PS520694

Last Listing description (March 2019)

Located in a peaceful and quiet complex in close proximity to Benton's Square Shopping Centre, this beautiful townhouse offers convenience in a tranquil environment.
*Light filled kitchen with new appliances including dishwasher, range hood, electric oven and cook top
*Open the sliding doors from the dining area to the covered outdoor entertaining space with high quality block out and cafe blinds, breakfast bar, ceiling fan and heater perfect to use all year round

*Large master bedroom with WIR, spacious semi ensuite, air conditioner and ceiling fan
*Spacious semi ensuite is fitted out with a bath and shower
*2nd & 3rd bedrooms both feature a BIR (1 with air conditioner & ceiling fan)
*Formal living room with air conditioner that services entire first floor
*Alfresco area great for enjoying your morning cup of tea
*Separate toilet both upstairs and downstairs to service the entire family
*Beautiful and low maintenance garden
*Stunning communal central parklands
*Enjoy the close proximity to Benton's Square Shopping Centre, Benton's Junior College and Mornington Peninsula's finest wineries, golf courses, beaches, restaurants and shopping boutiques.
Other features include:
*Double garage
*Garden shed
*Linen cupboard upstairs
*Ducted heating throughout
*Laminate floorboards downstairs
*New carpet upstairs
*New hot water system

Property History for 8/131 Racecourse Rd, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$550,000
15 Mar 2019
  • 15 Mar 2019
    Sold for $550,000
  • 16 Jan 2019
    Listed for Sale $570,000 - $595,000
  • 17 Dec 2003
    Sold for $285,000

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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.