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Investment Property Mount Martha, VIC, 3934

Suburb Snapshot

Mount Martha is a suburb in the Mornington Peninsula Region of Victoria. Mount Martha has a population of 18,551 people and 11.74% of its occupants live in rental accommodation. The median listing price for houses is $1,595,000 and this has changed -0.32% over the past year and changed -3.34% over 2 years.

The median rent in Mount Martha for houses is $835 per week and the median rental yield is 2.72%. Stock on the market for houses/townhouses has changed -13.02% compared to last year and the average time to sell a house/townhouse is 111 days.The median listing price for units is $795,000 and this has changed 0.63% over the past year. The average unit takes 155 days to sell and the median rent for a unit in Mount Martha is $590 per week, producing a rental yield of 3.85%.

Supply & Demand in Mount Martha, Mornington Peninsula

0.62%

Current vacancy rate


55

Rental stock available


18,551

Population


11.74%

Rental population


0.56%

Current vacancy rate


541

Rental stock available


154,997

Population


14.32%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Mount Martha, Mornington Peninsula

  House Townhouses Units
Median listing price $1,595,000 $920,000 $795,000
Median price change - last quarter -0.63% 1.09% 1.92%
Median price change - 1 year -0.32% 3.08% 0.63%
Median price change - 2 years -3.34% 15.00% 6.00%
  House Townhouses Units
Median weekly rent $835 $650 $590
Median yield % 2.72% 3.67% 3.85%
Median rent change - 1 year 9.86% 4.83% 13.46%
  House Units
Previous month sales 12 1
Stock on market previous month 147 14
Stock variance vs. last year -13.02% -12.50%
Average days on market 111 155

Mount Martha investment property listings

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