14 Melrose Drive, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
OFF MARKET

14 Melrose Drive
Mount Martha VIC 3934

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
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Property Details for 14 Melrose Dr, Mount Martha

14 Melrose Dr, Mount Martha is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1970. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
House
Year Built
1970
Local Government
Mornington Peninsula
Lot/Plan
7/LP25334

Last Listing description (October 2024)

MID-CENTURY MASTERPIECE REIMAGINED

Elegance has been redefined moments from South Beach here at 14 Melrose Drive, Mt Martha, an iconic 1970s mid-century home, now reborn through an exquisite renovation by Project 5 Interior Design. This architectural gem blends timeless design with contemporary luxury, creating a residence of unparalleled style and functionality.

The main house, a testament to refined living, offers a spacious and versatile layout. It features four generously-sized bedrooms and a dedicated home office, catering to both family living and work-from-home needs. Two elegant living areas provide the perfect backdrop for both relaxation and entertainment, with large windows framing the serene outdoor views. Every inch of this home has been thoughtfully curated, from the bespoke finishes to the high-quality materials, ensuring a living experience that's both aesthetically pleasing and supremely comfortable.

At the heart of the home, the kitchen is juxtaposed against a breeze block blade wall and is both functional and stylish, equipped with top-of-the-line appliances and sleek cabinetry, making it an ideal space for culinary exploration and social gatherings. Set amidst established gardens, the property boasts private sun decks that invite peaceful contemplation or vibrant social gatherings, offering a seamless indoor-outdoor living experience. The property also features a fully self-contained dwelling, complete with two bedrooms, a bathroom, and a kitchen. This versatile space is perfect for guests, extended family, or even as a potential rental opportunity.

Situated in the heart of Mt Martha, this home is just moments away from local amenities, picturesque beaches, and renowned schools, making it an ideal location for those seeking a blend of tranquility and convenience. 14 Melrose Drive is not just a home; it's a lifestyle choice for those who appreciate the finer things in life. Don't miss the opportunity to own this beautifully reimagined mid-century marvel.

Property Specifications:
- 945sqm* block
- 304sqm* main house living
- 60sqm* seperate self contained residence
- Split system heating & cooling + open fire place
- Fully renovated interior by Project 5 Interior Design
- Multiple alfresco domains for effortless indoor/outdoor living
- Luxe master suite with polished concrete floors, timber lined ceilings, spacious ensuite and bespoke joinery
- Split system heating & cooling in the studio
- Tandem garage with workshop space
*measurements are indicative only

Property History for 14 Melrose Dr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$2,400,000
21 Sep 2024
  • 02 Oct 2024
    Sold - Price Undisclosed
  • 26 Sep 2024
    Listed for Sale $2,400,000-$2,640,000
  • 09 Jan 2024
    Listed for Sale $2,500,000-$2,750,000
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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 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 9,668 properties. Over the last 5 years, Houses in Mount Martha have seen a 25.98% increase in median value, while Units have seen a 30.24% increase. As at 30 November 2025:

  • The median value for Houses in Mount Martha is $1,450,650 while the median value for Units is $865,001.
  • Houses have a median rent of $800 while Units have a median rent of $628.
There are currently 44 properties listed for sale, and 1 property listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 446 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.