71 Racecourse Road, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
OFF MARKET

71 Racecourse Road
Mount Martha VIC 3934

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 315m2
Land area: 10000m2
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Property Details for 71 Racecourse Rd, Mount Martha

Building Type
Commercial
Year Built
2003
Floor Size
315m2
Land Size
10000m2
Local Government
Mornington Peninsula
Lot/Plan
6/PS432006

Last Listing description (March 2023)

Combining Italian-inspired architectural design with an exclusive resort-like setting, prepare to be transported to Tuscany at this grand villa gazing out across the swimming pool, tennis court and parklike gardens on 2.5 acres (approx).

Cosseted behind a gated entry and mature cypress trees on an exceptionally private allotment, the property is just a short drive to Mount Martha village, Morningtons Main Street, beaches, The Briars, golf courses and a choice of excellent schools including Balcombe Grammar, while Osborne Primary School is in walking distance.

A striking entry with high-gloss Italian tiled floors and a sweeping staircase invites you into the residence, which boasts three luxurious living zones and an enormous retreat-style master bedroom with walk-in robe, spa bathroom and private balcony stepping down to the pool area for a cheeky midnight dip on hot summer nights.

An elegantly appointed kitchen is fitted with a walk-in pantry and quality appliances, while a glass door off the dining zone opens to an expansive terracotta terrace, jacuzzi and heated swimming pool with trickling waterfall feature and a mod-grass tennis court beyond via a pillared arbour.

Formal living and dining, a family room, rumpus room, ensuited guest room, third bathroom, gas log fireplaces, ducted heating, evaporative cooling, a double garage, second lock-up garage, water tanks and veggie beds are among a host of inclusions in this grand residence, which will delight couples and families equally.

Homes and Acreage is proud to be offering this property for sale To arrange an inspection or for further information, please contact the office on 1300 077 557 or office@homesacreage.com.au

Features:
Formal living & dining
Family/meals area with bay windows
Rumpus room/retreat with balcony
Modern kitchen with quality appliances & walk-in pantry
Enormous master with spa ensuite
Master balcony with spectacular sunset views & stairs to pool area
Guest room with 2-way ensuite
Full 3rd bathroom with shower & tub
Ducted heating
Evaporative cooling
2 x gas log fireplaces
Split-system A/C throughout
Ducted vacuuming
Blackbutt timber flooring
Expansive alfresco terrace
Gas plumbing for barbecue
Gas heated swimming pool
Jacuzzi
Mod-grass tennis court
Gated entry & circular driveway
Double garage
2nd lock-up garage / workshop
2 x water tanks
Raised veggie beds
Room for a animals
Park-like gardens

Disclaimer: While we make every effort to ensure that the information we provide you is correct and up-to-date, we do not warrant its accuracy or reliability. Interested parties should exercise their own independent skill and judgement before they rely on it. In any important matter, you should seek professional advice relevant to your own circumstances. Interested parties should rely on their own enquiries.

Property History for 71 Racecourse Rd, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,070,000
29 Mar 2015
Listed for Rent
$825/w
04 Jan 2015
  • 16 Dec 2022
    Listed for Sale Contact Agent
  • 29 Mar 2015
    Sold for $1,070,000
  • 25 Dec 2014
    Listed for Rent $825 / week
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About Mount Martha 3934

The size of Mount Martha is approximately 30.3 square kilometres. There are 43 parks, covering nearly 11.5% of the 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 9,678 properties. Over the last 5 years, Houses in Mount Martha have seen a -3.49% decrease in median value, while Units have seen a 7.21% increase. As at 30 June 2026:

  • The median value for Houses in Mount Martha is $1,399,496 while the median value for Units is $844,740.
  • Houses have a median rent of $895 while Units have a median rent of $650.
There are currently 33 properties listed for sale, and 4 properties listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 414 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.