29 Hakea Dr, Mount Martha is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 709m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
The canvas is ready for your dream to come alive on this expansive 709 sq. metre (approx.) allotment, perfectly poised for development, with plans and permits secured for the imminent construction of two exquisite duplex homes. Grab the development dream and begin construction without delay, securing your financial future with an offering of sheer quality.
Currently graced with a tenanted 3-bedroom, 2-bathroom home, the two proposed 30sq dwellings each feature four significant bedrooms around open-concept, dual-lounge designs, complemented with high-quality finishes, double garages, own titles and plenty of desirable open space.
Be ready to turn the soil and get started on your development dream, with options to build and hold, or sell on for maximum return on investment. The ongoing appeal of Mount Martha as a lifestyle destination continues to grow, with Melbourne-bound freeways, premier shopping destinations, exceptional education opportunities and beautiful bay beaches a short drive away.
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 23.94% increase in median value, while Units have seen a 29.23% increase. As at 31 December 2025:
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