5/42 Lochiel AvenueMount Martha VIC 3934
Property Details for 5/42 Lochiel Ave, Mount Martha
Last Listing description (May 2018)
Expressions of Interest - Closing 5pm 7th March
Quality single level coastal freehold in an exceptional position surrounded by established retailers and only metres to beach access for tourist hotspot, South Beach featuring the iconic, colourful beach boxes.
Vacancies in this commercial district rarely becomes available, and suited to investors and owner occupiers alike.
Tenant pays outgoings.
Building size 71.02sqm
Property History for 5/42 Lochiel Ave, Mount Martha, VIC 3934
- 07 Mar 2018Sold for $1,365,000
- 07 Feb 2018Listed for Sale Expressions of Interest
- 31 Oct 2008Sold for $640,000
Recent sales nearby
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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 9,686 properties. Over the last 5 years, Houses in Mount Martha have seen a 6.10% increase in median value, while Units have seen a 10.72% increase. As at 30 April 2026:
- The median value for Houses in Mount Martha is $1,459,176 while the median value for Units is $840,028.
- Houses have a median rent of $850 while Units have a median rent of $650.
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