SOLD
RECENT ADVICE
Sold on 21 Oct 2024 for $4,430,000

98 Bay Road
Mount Martha VIC 3934

Bedrooms: 5
Bathrooms: 6
Car spaces: 4
Land area: 1396m2
Sold By
McEwing Partners
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Property Details for 98 Bay Rd, Mount Martha

98 Bay Rd, Mount Martha is a 5 bedroom, 6 bathroom House with 4 parking spaces. The property has a land size of 1396m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 5 bedroom House sold in Mount Martha in the last 12 months.

Building Type
House
Land Size
1396m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS717884

Last Listing description (October 2024)

INSPECT BY APPOINTMENT

Experience an extraordinary fusion of bespoke architecture and sophisticated style in this rare gem. Nestled amidst lush gardens, this meticulously crafted residence features stunning timber cladding, rendered brick, and elegant wood and tile floors. Spanning two levels, it offers approximately 71 squares of luxurious living space, all bathed in northern sunlight.

The kitchen is a culinary masterpiece, equipped with integrated appliances and a spacious butler's pantry to meet all your needs. Enjoy the beachside atmosphere as cool bay breezes flow through oversized glass sliding doors. Step outside to a generous entertaining deck complete with a built-in kitchen, and indulge in the unique first-level heated pool and spa. The master suite serves as a private sanctuary, featuring a custom walk-in robe and an ensuite with a freestanding stone bath. Upstairs, two additional bedrooms each have walk-in robes and private ensuites.

Perfect for entertaining, the lower level boasts two guest bedrooms, a living area, a games room with a built-in bar, a kitchenette, a home cinema, and a gym. State-of-the-art amenities are fully automated and controllable via your smartphone, including an integrated sound system, ducted heating and cooling, smart blinds, and secure front gates.

Additional features include a private study with external access, a workshop, ample under-house storage, and a secure four-car garage with extra parking for a boat or caravan. This outstanding Peninsula lifestyle is just a short stroll from Mt Martha's vibrant village and stunning sandy beaches, offering a perfect blend of serenity and convenience in the highly sought-after Bay Road.

Property History for 98 Bay Rd, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$4,430,000
21 Oct 2024
  • 21 Oct 2024
    Sold for $4,430,000
  • 11 Oct 2024
    Listed for Sale $4,350,000 - $4,780,000
  • 08 Jan 2024
    Listed for Sale $4,950,000
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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 9,599 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, 341 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.