40 Prescott Avenue, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
 
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40 Prescott Avenue
Mount Martha VIC 3934

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 310m2
Land area: 907m2
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Last updated 19 Jan 2026
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Property Details for 40 Prescott Ave, Mount Martha

40 Prescott Ave, Mount Martha is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 907m2 and floor size of 310m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
House
Year Built
2021
Floor Size
310m2
Land Size
907m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP12125

Last Listing description (August 2025)

Owning a Golden Triangle Position on the edge of South Beach and Mount Martha Village, this remarkable four-bedroom, three-bathroom home showcases an impeccable blend of modern Hamptons style and natural beauty synonymous with its coastal surroundings. Meticulously designed by Kate Walker Designs and crafted to the highest quality, it effortlessly harmonises with its exquisite environment, creating a truly exceptional living experience for families and downsizers alike.

Evoking effortless sophistication throughout its generous indoor-outdoor proportions, it delivers a timeless ambience underpinned by rich chevron oak floors, ornate wainscoting, and soaring 10-foot ceilings. Marble fireplaces grace each living area, including the open living and dining domain that opens to the wraparound alfresco verandah through stacking door walls.

The marble-topped kitchen is a masterpiece, centred around a La Cornue range cooker and a farmhouse-style basin, with premium cabinetry housing an integrated refrigerator and two integrated dishwashers ensuring flawless form and functionality. A salt-chlorinated in-ground pool and an accompanying pavilion bask in the northern sun, whilst a border of maturing greenery promotes a true sense of serenity and privacy.

Alfresco access is also granted to the main suite with its ensuite and walk-in robe, matched by a guest suite with an ensuite and two additional double bedrooms with built-in robes. A lavish central bathroom reflects the quality of the deluxe ensuites, whilst a fitted laundry and powder room add to the overall convenience. Combining the tranquillity of coastal living with the easy lifestyle offered by this exclusive area, it offers a complete package for the discerning host, complete with refrigerated heating/cooling, Wi-fi security system, sealed under-house storage, keypad intercom entry, and a double garage.

Property specifications
- 913sqm* block
- Distinguished architectural form crafted by Montique Construction
- Expansive living spaces with marble fireplaces
- Chevron parquet Oak floors, ornate wainscoting, and soaring 10-foot ceilings
- Walls of stacking doors to the wraparound verandah
- Marble-topped kitchen around a La Cornue range cooker
- Farmhouse basin, integrated refrigerator and two integrated dishwashers
- Salt-chlorinated inground pool pavilion under the northern sun
- Main suite with alfresco access and an ensuites with marble accents
- Matching guest ensuite bedroom; two additional bedrooms
- Lavish central bathroom, fitted laundry and powder room
- Steps from Mount Martha Village and South Beach
- Refrigerated heating/cooling, camera security, sealed under-house storage
- Keypad intercom entry and a double garage
* Measurements are indicative only

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Property History for 40 Prescott Ave, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$4,400,000
11 Feb 2024
  • 11 Feb 2024
    Sold for $4,400,000
  • 19 Sep 2023
    Listed for Sale Not Disclosed
  • 26 Oct 2021
    Sold for $3,400,000
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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 9,676 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 63 properties listed for sale, and 2 properties listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 436 properties were sold in the past 12 months in Mount martha.

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© Copyright 2026. 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.

Disclaimer
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