5 Shearwater Drive, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
 
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5 Shearwater Drive
Mount Martha VIC 3934

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Bathrooms: -
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Land area: 1321m2
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Property Details for 5 Shearwater Dr, Mount Martha

Building Type
Land
Land Size
1321m2
Local Government
Mornington Peninsula
Lot/Plan
11/PS525527

Last Listing description (March 2019)

Framing striking views across Port Phillip Bay from a wonderfully elevated perspective, this blue chip 1322sqm (approx) allotment provides the perfect site to construct your dream coastal haven (STCA). Surrounded by elite homes in an exclusive cul-de-sac spilling down to Seaside Creek Reserve, the location is just moments to Martha Cove Marina, the sailing club and Safety Beach, while bustling Mount Martha Village and beautiful South Beach are also just minutes away. Ideal for both permanent homemakers and weekenders alike, all the spoils of the Mornington Peninsula are at your doorstep from this coveted locale, from golf courses and water sport activities to boutique shopping and wineries. Moments to Mount Martha Primary School, Balcombe Grammar and Dromana Secondary, this long cherished residential enclave is also ideal for raising a family, while the Mornington Peninsula Freeway makes it possible to commute to Melbourne in just over an hour. Boasting ample room for a spacious contemporary home, swimming pool and vast outdoor entertaining area to soak up the nightly sunset views, the only limit to this coastal dream is your own imagination.
- Blue chip 1322sqm (approx) vacant allotment

- Panoramic views of Port Phillip Bay and the Melbourne City Skyline
- Build your dream home in a dream location
- Stone's throw to Martha Cove, sailing club and Safety Beach
- 6 minute drive to Mount Martha Village and South Beach
- Moments to the golf course, nature trails and wineries
- Short drive to Balcombe Grammar and Mount Martha Primary
- Surrounded by elite coastal homes in an exclusive pocket
- Coveted no-through road spilling down to Seaside Creek
- Ideal for both permanent homemakers and weekenders

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Property History for 5 Shearwater Dr, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,130,000
28 Feb 2019
  • 28 Feb 2019
    Sold for $1,130,000
  • 07 Feb 2019
    Listed for Sale Contact Agent
  • 26 Nov 2009
    Sold for $455,000
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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, 443 properties were sold in the past 12 months in Mount martha.

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