29 Hakea Drive, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
OFF MARKET

29 Hakea Drive
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 136m2
Land area: 709m2
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Property Details for 29 Hakea Dr, Mount Martha

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.

Building Type
House
Year Built
1985
Floor Size
136m2
Land Size
709m2
Local Government
Mornington Peninsula
Lot/Plan
76/LP203215

Last Listing description (October 2024)

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.

Property History for 29 Hakea Dr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,000,000
31 Dec 2021
Listed for Rent
$490/w
27 Sep 2017
  • 11 Apr 2024
    Listed for Sale $890,000 - $970,000
  • 31 Dec 2021
    Sold for $1,000,000
  • 19 Sep 2017
    Listed for Rent $490 / week
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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 23.94% increase in median value, while Units have seen a 29.23% increase. As at 31 December 2025:

  • The median value for Houses in Mount Martha is $1,461,932 while the median value for Units is $861,947.
  • Houses have a median rent of $815 while Units have a median rent of $630.
There are currently 55 properties listed for sale, and 1 property listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 439 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.