4/131 Racecourse Road, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
OFF MARKET

4/131 Racecourse Road
Mount Martha VIC 3934

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 216m2
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Property Details for 4/131 Racecourse Rd, Mount Martha

4/131 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 103m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
2005
Floor Size
103m2
Land Size
216m2
Local Government
Mornington Peninsula
Lot/Plan
4/PS520694

Last Listing description (December 2025)

Perfectly presented and ideally positioned within an immaculate garden complex, this beautifully maintained 2-bedroom unit offers a superb opportunity for downsizers and investors seeking comfort, style, and convenience in equal measure.A timeless rendered faade sets the tone for the spacious interiors, where a generous lounge flows through to a separate dining area and a modern, well-appointed kitchen featuring Westinghouse cooking appliances, Bosch dishwasher, and wraparound laminate benchtops designed for easy everyday living.A private, fully paved courtyard bordered by manicured hedging extends the living space outdoors, offering a peaceful setting for alfresco dining or relaxed afternoons with family and friends.The main bedroom enjoys a walk-through robe to the central bathroom, second bedroom, separate toilet, and large laundry enhance practicality. Split-system, ducted air-conditioning and heating, security system, and a single garage with additional visitor parking ensure year-round comfort and convenience.Set moments from Bentons Square Shopping Centre, Benton Junior College, beautiful local reserves, public transport, and easy freeway access, this residence offers the perfect blend of lifestyle and location.

Property History for 4/131 Racecourse Rd, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$650,000
06 Oct 2022
  • 26 Nov 2025
    Listed for Sale $680,000 - $730,000
  • 06 Oct 2022
    Sold for $650,000
  • 09 Feb 2006
    Sold for $260,000
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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.