Market snapshot
Suburb insights for Mount Martha3934
Change suburbMount Martha is located 53 km south-east of the CBD and is a bayside suburb on the Mornington Peninsula. It continues to be a popular holiday destination, situated opposite one of Port Phillip Bay’s most beautiful beaches, with its iconic boatsheds. Mount Martha is now predominantly a residential suburb, although it still incorporates some small semi-rural holdings. In addition to many recreational facilities, Mount Martha features a vibrant village shopping precinct and The Briars, a large historical park. It is also close to the vast Devilbend Reservoir Reserve to the east and the Martha Cove Marina development to the south.
Recent sales and auction results in Mount Martha
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 98 Ellerina Rd, Mount Martha | 4 |  | House | Private Sale | 28/04/2026 | Danckert Real Estate - Danckert Real Estate | |
| 396 Esplanade , Mount Martha | 4 |  | House | Private Sale | 28/04/2026 | McEwing Partners | View |
| 31 Wonderland Tce, Mount Martha | 3 |  | House | Private Sale | 21/04/2026 | Danckert Real Estate |
Sales data
Median sale price
$1.5mil
Quarterly price change
-0.1%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Mount Martha | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $1,147,500 | $863,000 |
| 4 | $1,600,000 | $980,500 |
| Insight | Mount Martha | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 42.5 | 37 |
Rental data
Median weekly rent
$750
Rental yield
2.7%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Mount Martha | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $720 | $550 |
| 4 | $950 | $595 |
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