5 Paramount Crescent, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
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5 Paramount Crescent
Mount Martha VIC 3934

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 173m2
Land area: 1895m2
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Property Details for 5 Paramount Cres, Mount Martha

5 Paramount Cres, Mount Martha is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1895m2 and floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
House
Year Built
1970
Floor Size
173m2
Land Size
1895m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP82697

Last Listing description (August 2025)

Introducing the epitome of relaxed coastal living close to the summit of Mt Martha. Nestled on a sprawling 1888sqm block with million-dollar views, this 'Home Beautiful' magazine featured character-filled 5-bedroom three storey home offers an unparalleled lifestyle with breathtaking vistas of Port Phillip Bay, iconic Arthur's Seat, verdant native forest and the golden sands of Safety Beach. Every sunset is a special event here where you can relish in the joy of breathtaking colours and changing hues as the sun disappears and the twinkling lights form a beautiful arc around the bay.

As you step inside this private oasis, you'll be enchanted by the warm and welcoming ambiance of this well designed and highly functional residence. The spacious living areas are flooded with natural light, providing a perfect backdrop for relaxation and entertainment. Imagine gathering around the fire pit area on cool evenings, or savouring wood-fired pizzas from your very own pizza oven while taking in the mesmerising bay vistas.

With every modern comfort and convenience, 5 Paramount Crescent strikes the perfect balance between elegance and functionality. Whether you're seeking a serene family haven or an entertainer's dream, this property delivers on all fronts. Don't miss this exclusive opportunity to make the Mornington Peninsula's finest views your own. Come annd experience the allure of this coastal paradise firsthand!

Property Specifications
- 1888sqm* block
- 173sqm* of living
- World class bay views that have zero risk of future development interference
- The block has 180 degree northern orientation
- Home beautiful feature property
- Classic mid- century architecture
- Renovated and updated interior with a stunning open plan kitchen
- Gas ducted heating, open fire place and split system cooling
- Vast rear garden with lush lawns, beautiful established trees and views over Port Phillip Bay
- Vast lawns, pizza oven and fire pit area to maximise enjoyment of alfresco living
*Specifications are provided as a guide only

Property History for 5 Paramount Cres, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$2,025,000
29 Jun 2024
  • 29 Jun 2024
    Sold for $2,025,000
  • 22 Sep 2023
    Listed for Sale $2,000,000-$2,200,000
  • 02 Feb 2010
    Sold for $785,000
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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 9,666 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 47 properties listed for sale, and 4 properties listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 426 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.