Mount Martha at a glance
20,161
People
$1,300,000
Median sale
$756/wk
Median rent
3.02%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
VIC › Mount Martha › Driftwood Ct
$975,000
Last sold
1 July 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
957 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$975,000
1 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Mount Martha (last 5 years) with land size have a median of $1,550/m² of land (n=56). Districts calculation from recorded sales — not a valuation.
Mount Martha at a glance
20,161
People
$1,300,000
Median sale
$756/wk
Median rent
3.02%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Martha
-25.0%
Median sale
Suburb $1,300,000
+1.01 pp
Gross yield
Suburb 3.02%
Suburb median $1,300,000 from 63 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $756/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mount Martha at a glance
20,161
People
$1,300,000
Median sale
$756/wk
Median rent
3.02%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Scenic PropertySet on a substantial 957sqm (approx.) corner block with dual frontage to Driftwood Court and Harrap Road, this original three-bedroom brick residence offers a rare opportunity in one of Mount Martha's most tightly held pockets. With its generous land size, flexible layout and highly desirable coastal address, the property appeals to renovators, investors and buyers seeking premium land with genuine long-term upside.
The existing single-level home is solidly constructed and provides an excellent foundation for those wishing to renovate, update or hold as a long-term investment. Multiple living zones offer practical everyday functionality, while the spacious kitchen and dining area flow effortlessly to the expansive rear yard and outdoor entertaining area. Accommodation includes a privately positioned master bedroom with ensuite and walk-in robe, two additional bedrooms with built-in robes, a central family bathroom and a double garage with workshop space. Side access adds further versatility for boats, caravans, trailers or future use of the block.
For buyers with a longer-term vision, the property offers potential for future redevelopment, STCA. The scale, corner position and dual-access configuration create an exceptional platform for future plans, subject to the necessary approvals and buyer due diligence.
Perfectly positioned moments from Bentons Square Shopping Centre, local parks, Osborne Primary School, public transport and Mount Martha's beaches, the location delivers everyday convenience alongside enduring lifestyle appeal. Just minutes to Mount Martha Village, Martha Cove Marina and easy freeway access to Melbourne, this is a compelling opportunity to secure land, location and long-term potential in a blue-chip coastal setting.
A secure tenancy is in place until August with immediate holding income, and the current tenants are happy to remain should the purchaser wish to continue leasing the property.
Know the DNA of 1 Driftwood Court - download a detailed factual report on construction, materials, layout, and services — created by qualified inspectors, ready for your due diligence - https://propertydna.net.au/report/7e61242f-7ba3-4406-ad7f-d526aa17ed77
Disclaimer: All information provided is believed to be accurate at the time of publication; however, prospective purchasers should conduct their own investigations and rely on their own enquiries. Measurements and particulars are approximate. Some images may include virtual furniture staging for illustrative purposes only, with no structural alterations depicted.
Listing description written by Matt Carroll, Scenic Property — reproduced as published, not verified by Districts.