3/131 Racecourse Road, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
 
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3/131 Racecourse Road
Mount Martha VIC 3934

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 216m2
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Property Details for 3/131 Racecourse Rd, Mount Martha

3/131 Racecourse Rd, Mount Martha is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 216m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2005
Floor Size
101m2
Land Size
216m2
Local Government
Mornington Peninsula
Lot/Plan
3/PS520694

Last Listing description (February 2021)

Located in the heart of Mount Martha, conveniently close to the shops and services of the Bentons Square retail precinct, well-serviced by public transport and only minutes from your choice of gentle bay beaches, these tightly-held homes enjoy attractive common gardens, ample visitor parking and the added sense of security that comes from living within a close knit community.

Offering a light filled living room with split system, well appointed kitchen and dining area with doors leading to covered outdoor entertaining and two spacious bedrooms, one with walk in robe and access to central family bathroom while the other has a double robe.

Additional features include: Gas cooking, ducted heating, ceiling fans in bedrooms, oversized laundry with a bench that could be utilised as a home office space, low maintenance private rear yard with small garden shed and a single remote control garage.

Contact us today to book your private inspection.

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Property History for 3/131 Racecourse Rd, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$570,000
31 Jan 2021
Listed for Rent
$380/w
28 Feb 2018
  • 31 Jan 2021
    Sold for $570,000
  • 19 Jan 2021
    Listed for Sale $530,000 - $570,000
  • 08 Feb 2018
    Listed for Rent $380 / 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 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.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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