349 Nepean Highway, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
OFF MARKET

349 Nepean Highway
Mount Martha VIC 3934

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20500m2
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Property Details for 349 Nepean Hwy, Mount Martha

Building Type
Land
Land Size
20500m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP146639

Last Listing description (October 2025)

One of a kind, this 5acre (approx) allotment exceeds notions of possibility in the beach-side Mount Martha locale. Awaiting a thoughtful composition of stunning architecture and alluring landscape design the unchanging neighbourhood remains preserved through the Briars Historic Estate and Balcombe Creek abundant with local flora and fauna.

Presented for a buyer seeking sprawling space, this spectacular address offers the rare appeal of proximity to the glistening beachfront, and direct access to Nepean Highway. Awaiting a vision of magnificent proportions, explore the Mornington Peninsulas indulgent architectural landscape to gather inspiration for a master build (STCA). Perimeter hedging and a small dam anchor the allotment as an exciting opportunity to create a dream residence. .

Surrounded by esteemed schools and local landmarks this pristine pocket of Mount Martha celebrates the landscape through generations of belonging. Situated for summers by the beach without being too far from Melbournes CBD this 5-acre allotment is truly a once in a lifetime opportunity incomparable to market history.

Property History for 349 Nepean Hwy, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$2,500,000
07 Mar 2024
  • 10 Apr 2025
    Listed for Sale $2,500,000 - $2,750,000
  • 07 Mar 2024
    Sold for $2,500,000
  • 15 Feb 2024
    Listed for Sale $2,500,000 - $2,600,000
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About Mount Martha 3934

The size of Mount Martha is approximately 30.3 square kilometres. There are 43 parks, covering nearly 11.5% of the 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 9,669 properties. Over the last 5 years, Houses in Mount Martha have seen a 2.76% increase in median value, while Units have seen a 5.99% increase. As at 31 May 2026:

  • The median value for Houses in Mount Martha is $1,430,657 while the median value for Units is $830,292.
  • Houses have a median rent of $878 while Units have a median rent of $650.
There are currently 36 properties listed for sale, and 4 properties listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 447 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.