SOLD
Sold on 17 Sep 2024 for $113,500

5221 Martha Cove Water Way
Safety Beach VIC 3936

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 58m2
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Property Details for 5221 Martha Cove Water Way, Safety Beach

Building Type
Commercial
Year Built
2016
Land Size
58m2
Local Government
Mornington Peninsula
Lot/Plan
B5221/PS435310

Property History for 5221 Martha Cove Water Way, Safety Beach, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$113,500
17 Sep 2024
  • 17 Sep 2024
    Sold for $113,500
  • 25 May 2015
    Sold for $155,000

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About Safety Beach 3936

The size of Safety Beach is approximately 6 square kilometres. It has 23 parks covering nearly 12.2% of total area. The population of Safety Beach in 2011 was 3,517 people. By 2016 the population was 4,824 showing a population growth of 37.2% in the area during that time. The predominant age group in Safety Beach is 60-69 years. Households in Safety Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Safety Beach work in a trades occupation. In 2011, 69.6% of the homes in Safety Beach were owner-occupied compared with 69.8% in 2016.

Safety Beach has 5,101 properties. Over the last 5 years, Houses in Safety Beach have seen a 41.64% increase in median value, while Units have seen a 31.27% increase. As at 31 October 2024:

  • The median value for Houses in Safety Beach is $1,193,877 while the median value for Units is $920,906.
  • Houses have a median rent of $695 while Units have a median rent of $600.
There are currently 62 properties listed for sale, and 5 properties listed for rent in Safety beach on OnTheHouse. According to CoreLogic's data, 330 properties were sold in the past 12 months in Safety beach.

Suburb Insights for Safety Beach 3936

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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.