OFF MARKET

85 Grandview Terrace
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 998m2
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Last updated 11 Nov 2024
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Property Details for 85 Grandview Tce, Mount Martha

85 Grandview Tce, Mount Martha is a 3 bedroom, 1 bathroom House. The property has a land size of 998m2. While the property is not currently for sale or for rent, it was last sold in March 2019.

Building Type
House
Land Size
998m2
Local Government
Mornington Peninsula
Lot/Plan
5/LP52161

Last Listing description (April 2019)

True to its promising address, this elevated allotment with eclectic two-storey cedar cottage captures spectacular views over Martha Cove, the shoreline and expanse of Port Phillip Bay. An exciting renovation project in a blue-chip beachside location or potential redevelopment to construct your dream coastal home (STCA), the property is situated among elite homes in this privileged pocket directly overlooking the beach and just a stone's throw to the marina, sailing club, shops and cafes. Home to a resident artist, the existing cottage features three bedrooms, a studio, one bathroom and an original country kitchen, while separate living and zoning areas are encased by windows framing the incredible coastal panorama.
Set among stunning floral gardens with bay views potentially further emphasised from the high point of the block, this rare offering is brimming with possibilities for lifestyle lovers and is just a short drive to Mt Martha village, Dromana Hub Shopping Centre, golf courses and wineries.

Property History for 85 Grandview Tce, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$750,000
13 Mar 2019
  • 13 Mar 2019
    Sold for $750,000
  • 14 Feb 2019
    Listed for Sale 750000

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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 9,596 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 57 properties listed for sale, and 1 property listed for rent in Mount martha on OnTheHouse. According to CoreLogic's data, 345 properties were sold in the past 12 months in Mount martha.

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