151 Somerset Drive, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
OFF MARKET

151 Somerset Drive
Mount Martha VIC 3934

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 362m2
Land area: 1336m2
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Property Details for 151 Somerset Dr, Mount Martha

151 Somerset Dr, Mount Martha is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 1336m2 and floor size of 362m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
House
Year Built
1980
Floor Size
362m2
Land Size
1336m2
Local Government
Mornington Peninsula
Lot/Plan
34/LP58851

Last Listing description (August 2026)

Rarely does a home of this size, versatility and coastal appeal become available for lease. Perfectly positioned in one of Mount Martha's most sought-after beachside pockets, this impressive furnished residence offers an exceptional lifestyle with generous proportions, multiple living zones and flexible accommodation to suit a variety of family dynamics.

Designed across three thoughtfully planned levels, the home effortlessly caters to both everyday living and entertaining. The central level forms the heart of the home, where spacious formal lounge and dining areas are complemented by a light-filled family room that flows seamlessly onto a generous alfresco deck, creating the perfect setting to entertain family and friends or simply relax while enjoying the peaceful surrounds and glimpses of Port Phillip Bay.

The upper level provides a private family sanctuary with four well-appointed bedrooms connected by a mezzanine retreat, creating an additional living space ideal for children, teenagers or a quiet reading area. Architectural features throughout the home add warmth and character, while the thoughtful floorplan provides an abundance of space rarely found in today's rental market.

Adding further appeal is the fully self-contained apartment with its own private entrance, lounge, kitchen, bathroom and deck. Offering outstanding flexibility, it is perfectly suited for extended family, independent teenagers, visiting guests or those seeking separate living arrangements while remaining under the one roof.

Completing the home is an extensive home office, workshop and generous storage areas, making it an ideal choice for those working from home, running a business or simply requiring additional space for hobbies or recreation. A large laundry with dedicated drying room, double garage, double carport and additional off-street parking further enhance the practicality of this exceptional property.

Located just moments from the golden sands of South Beach, the vibrant Mount Martha Village, local cafs and restaurants, Mount Martha Primary School and Balcombe Grammar, this home offers the perfect balance of peaceful coastal living and everyday convenience.

Offering an enviable combination of space, flexibility and location, this is a truly unique opportunity to secure a substantial furnished family home in one of the Mornington Peninsula's most desirable beachside communities.

Property History for 151 Somerset Dr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,720,000
03 Oct 2021
Listed for Rent
$1.00k/w
27 Jun 2023
  • 30 Jul 2026
    Listed for Rent $1,150 / week
  • 23 May 2023
    Listed for Rent $1,000 / week
  • 11 Mar 2022
    Listed for Rent - Price not available
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About Mount Martha 3934

The size of Mount Martha is approximately 30.3 square kilometres. There are 43 parks, covering nearly 11.5% of the 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 9,671 properties. Over the last 5 years, Houses in Mount Martha have seen a -11.58% decrease in median value, while Units have seen a -2.26% decrease. As at 31 August 2026:

  • The median value for Houses in Mount Martha is $1,344,095 while the median value for Units is $777,939.
  • Houses have a median rent of $895 while Units have a median rent of $650.
There are currently 34 properties listed for sale, and 4 properties listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 379 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.