1 Shearwater Drive, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
OFF MARKET

1 Shearwater Drive
Mount Martha VIC 3934

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 339m2
Land area: 1668m2
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Property Details for 1 Shearwater Dr, Mount Martha

1 Shearwater Dr, Mount Martha is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 2016. The property has a land size of 1668m2 and floor size of 339m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
2016
Floor Size
339m2
Land Size
1668m2
Local Government
Mornington Peninsula
Lot/Plan
7/PS525527

Last Listing description (April 2023)

Peerless in architecture and design, reward yourself with the ultimate resort-style oasis set against unrivalled Port Phillip Bay panoramas. Designed by the multi-award-winning Michael O'Sullivan of Vibe Design Group, this magnificent residence captures the very essence of luxury, with never-to-be-built-out views, a sprawling multi-level design and premier finishes over two grand levels.

A series of interconnecting wings are designed to encompass the magnificent bay-to-city views, with internal glass walls and stacked sliding doors allowing the indoors to spill out to northern light and glistening water reflections at every turn. Spoilt for space, the three living areas include a sprawling open-plan living and dining domain adjoining the sleek and inviting culinary kitchen, complete with a butler's pantry and integrated Miele appliances. Savour the breadth of the seascape from the extensive decked balcony, overlooking the private putting greens and expertly landscaped native gardens below. The lower terrace is an enticing place to soak up the stunning vistas before taking a dip in the solar-heated, fully-tiled pool and spa, with fantastic shaded spots to unwind and watch the sun disappear on the horizon. Multiple decks and four expansive bedrooms are placed over two levels, including the main suite with a decadent walk-in robe and an ensuite with a freestanding bath. A junior main suite with a walk-in robe and ensuite is equally exceptional, whilst the main bathroom, large laundry, powder room and internally-accessed double garage add to the appeal.

In an exclusive hillside setting on 1,669sqm (approx), just five minutes drive to Martha Cove, Mount Martha village and the delights of South Beach, this comprehensive retreat features a bay-view study with a built-in desk, Nest predictive heating/cooling, additional boat/caravan parking, Sonos music system and spotted gum flooring.

- Total land size = 1,669sqm*
- Panoramic bay to city views - never to be built out
- Exceptional open-plan living/dining/kitchen
- Three living areas in total, including parents' retreat/gym
- Integrated Miele appliances
- Butlers pantry with ample storage
- Solar-heated pool and spa on the lower deck
- Large laundry with utility courtyard
- High ceilings and spotted gum floors throughout
- Double glazed windows a steel-framed pivot front door
- Water-facing main bedroom with lavish ensuite & dressing room
*measurements are indicative only

Property History for 1 Shearwater Dr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$6,500,000
18 Nov 2022
  • 18 Nov 2022
    Sold for $6,500,000
  • 01 Oct 2022
    Listed for Sale $5,500,000 - $5,950,000
  • 12 Jun 2018
    Listed for Sale Not Disclosed
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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 2016 was 18548 people. By 2021 the population was 19846 showing a population growth of 7.0% in the area during that time. The predominant age group in Mount Martha is 10-19 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 2021, 84.20% of the homes in Mount Martha were owner-occupied compared with 82.40% in 2016.

Mount Martha has 9,675 properties. Over the last 5 years, Houses in Mount Martha have seen a 23.94% increase in median value, while Units have seen a 29.23% increase. As at 31 December 2025:

  • The median value for Houses in Mount Martha is $1,461,932 while the median value for Units is $861,947.
  • Houses have a median rent of $815 while Units have a median rent of $630.
There are currently 55 properties listed for sale, and 2 properties listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 438 properties were sold in the past 12 months in Mount martha.

Suburb Insights for Mount Martha 3934

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.