21 Spencer Street, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
OFF MARKET

21 Spencer Street
Mount Martha VIC 3934

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Floor area: 426m2
Land area: 948m2
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Property Details for 21 Spencer St, Mount Martha

21 Spencer St, Mount Martha is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 948m2 and floor size of 426m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
2024
Floor Size
426m2
Land Size
948m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP212019

Last Listing description (April 2025)

Positioned just off The Esplanade and boasting 943sqm (approx.) of flat utilisable land, this cleared versatile block offers a rare opportunity to build a custom built home ( S.T.C.A ) with expansive and picturesque views over Port Phillip bay.

Within walking distance to an array of luxury beaches, restaurants, cafés and walking trails I encourage all potential purchasers to organise an onsite inspection to admire what this site has to offer.

Reasons to purchase:

• An extremely rare opportunity to design your dream home
• Flat and cleared block saving on site costs
• Picturesque views over Port Phillip Bay
• Excellent location

Within proximity:
• Mount Martha Village
• Finlayson Reserve
• Mount Martha Beach
• Balcombe Estuary Reserve
• A multitude of local restaurants

Whether you live locally or commute to Melbourne via the nearby Peninsula Link, this opportunity offers a lifestyle of comfort. Invest in confidence and bank on the returns of LAND, LIFESTYLE and the best LOCATION.
Mount Martha is one of Melbourne’s fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchasers are seeing enormous value in the lifestyle elements this great suburb offers! This is a great opportunity to enjoy Mount Martha’s:
* Luxury Beaches
* Local reserves and Estuary’s
* Multitude of Restaurants, Cafes and Entertainment Options
* Ever Expanding Collection of Shopping Outlets
* Proximity to Melbourne as well as the Mornington Peninsula
* Exemplary nearby schools

Did you know you can DOWNLOAD THE SECTION 32 and MAKE AN OFFER via the ASH MARTON WEBSITE - ashmarton.com.au

*COVID-19 IMPORTANT UPDATE:
Your health and safety is a priority. Therefore, during this time we can facilitate virtual inspections (via virtual walk through technology) or a private inspection for approved candidates. please contact the agent directly to discuss these options.*

Property History for 21 Spencer St, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$900,000
08 Dec 2020
Listed for Rent
$350/w
04 Oct 2016
  • 31 Jul 2023
    Listed for Sale $910,000-$1,000,000
  • 08 Dec 2020
    Sold for $900,000
  • 22 Jan 2020
    Listed for Sale $910,000-$1,000,000
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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.