2 Bannie Lane, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
OFF MARKET

2 Bannie Lane
Mount Martha VIC 3934

Bedrooms: 5
Bathrooms: 4
Car spaces: 6
Floor area: 420m2
Land area: 6270m2
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Property Details for 2 Bannie Lane, Mount Martha

Building Type
Commercial
Year Built
2006
Floor Size
420m2
Land Size
6270m2
Local Government
Mornington Peninsula
Lot/Plan
17/PS409086

Last Listing description (August 2025)

Situated in a prestigious acreage estate in the heart of Mount Martha, this five-bedroom, five-bathroom home is a true masterpiece, offering a seamless blend of classic style and modern functionality. Sitting on 1.54acre (approx), it's been thoughtfully renovated to cater to every need, from accommodating extended family to providing dedicated work-from-home spaces that will inspire! Combining skilled craftsmanship and traditional Queenslander-inspired architecture, this exquisite home creates a relaxed and big-hearted environment that will take your breath away from the moment you step foot through the front gate.

A wrap-around verandah invites you to relish the treetop views and northern aspect, designed for entertaining and privacy, adjoining the top-level kitchen, living and dining domains. A main bedroom with a walk-in robe and ensuite headline the upper-level accommodation, with a second bathroom and two additional bedrooms adding ease for families. Downstairs, there are two distinct wings - one for guest accommodation, the other for large-scale entertaining with a games room and open-plan living/dining zones. Here, three additional bedrooms add to the appeal, each extremely generous and versatile in their layouts. A fully renovated kitchen with a freestanding Westinghouse stove makes everyday living a breeze, connecting to the pergola and rear gardens for alfresco dining and enjoyment.

Outside, established gardens lead to an artists' studio/rotunda, sprawling lawns and a rear vegetable garden with a potting and storage shed. A double garage and a high-clearance carport extend to the workshop with a bathroom and multiple offices, perfect for at-home businesses and tradies looking for space and secure storage for their tools and equipment. With extensive parking, including a second oversized carport to the rear and space for the caravan, split system heating/cooling, ducted heating throughout, evaporative cooling upstairs, laundry, solar power system, 2x 10,000L water tanks, solar-powered front gate and more - this private and lush property is pure paradise.

Property specifications
- 1.54 acres* approx. land size
- 410 sqm* approx. house size
- Custom built 2003
- Two full kitchens
- Five bedrooms with robes
- Study
- Four bathrooms
- Wrap around, north-facing verandah
- Multiple living areas across two levels
- Established gardens
- Vegetable garden
- Multiple sheds/external offices
- Workshop/work-from-home space with bathroom
- Double garage plus carport parking for three
- Space for the caravan/boat
- Solar panels
- Solar front gate
* measurements are indicative only

Property History for 2 Bannie Lane, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$2,100,000
18 Oct 2024
  • 18 Oct 2024
    Sold for $2,100,000
  • 26 Apr 2024
    Listed for Sale NEW PRICE $2,400,000 - $2,500,000
  • 30 May 2013
    Sold for $1,005,000
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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 9,685 properties. Over the last 5 years, Houses in Mount Martha have seen a 15.11% increase in median value, while Units have seen a 22.80% increase. As at 28 February 2026:

  • The median value for Houses in Mount Martha is $1,484,938 while the median value for Units is $861,249.
  • Houses have a median rent of $818 while Units have a median rent of $650.
There are currently 52 properties listed for sale, and 2 properties listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 444 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.