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VIC › Mount Martha › The Point

17 The Point, Mount Martha VIC 3934

For saleHouse for Sale

$7,000,000–$7,700,000

For sale

Asking range

6

Bedrooms

7

Bathrooms

3

Car spaces

2,022 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $7,000,000–$7,700,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $7,000,000–$7,700,000(Listing record · 10 July 2026)
  • CalculationAsk is 438% above the Mount Martha median recorded sale ($1,300,000, n=63, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Mount Martha's advertised median rent ($756/wk), implied gross yield would be 0.56% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$7,000,000–$7,700,000

Asking range · $3,462/m² of land

No recorded sale for this property.

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.

See the full Mount Martha report →

Vs Mount Martha

+438.5%

Median sale

Suburb $1,300,000

-2.46 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.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$7,000,000
Stamp Duty (Victoria)
$435,000
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$7,442,314

$442,314 on top of the price (6.3% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Mount Martha's advertised median rent — not a rent for this listing.

Net yield
-0.94%
Annual cashflow (pre-tax)
$-429,688
Interest cover (DSCR)
-0.18
Annual rent
$39,312
Operating expenses
$105,000
Loan amount
$5,600,000
Annual interest
$364,000
Gross yield
0.56%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$7,000,000–$7,700,000available10 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 0.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mount Martha in one glance

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.

See the full Mount Martha report →

Keep researching

  • Why Mount Martha? Read the area thesis →
  • What else is on the market in Mount Martha →
  • Other records on The Point →

Listing material

Listed by Danckert Real Estate

ELYSIAN - A MASTERCLASS IN LUXURY

Privately positioned at the end of an exclusive cul-de-sac behind secure gates, this extraordinary architectural residence occupies approximately 2,000sqm of beautifully landscaped grounds, commanding magnificent bay and national park views while offering complete privacy. Positioned moments from beaches, village cafés and leading schools.

Spanning three luxurious levels connected by a private lift, the residence showcases a stunning internal garden on entry and a private library finished with bespoke custom cabinetry. Five generous guest bedroom suites occupy the lower two levels, each with its own ensuite and walk-in robe. A gallery-style three-car garage and dedicated Yoga studio/gym further reinforce the home's exceptional blend of luxury, wellness and everyday practicality.

Crowning the residence is an extraordinary master retreat occupying the entire upper level. Designed as a private sanctuary, it comprises an executive study, spacious bedroom and lounge, private balcony with sweeping bay views, and an exceptional dressing room with floor to ceiling cabinetry. The luxurious ensuite is equally impressive, featuring two separate bathroom spaces, each beautifully appointed in natural stone with stone vanities and oversized showers. One also incorporates a freestanding bath, creating a retreat worthy of one of Australia's finest residences.

Read the full description

At the heart of the residence, the spectacular living, dining and kitchen precinct spans the full width of the home, creating an extraordinary setting for both intimate family living and large-scale entertaining. The gourmet kitchen showcases a full suite of Miele appliances, centred around a striking BORA induction cooktop with integrated extraction, while an additional DishDrawer enhances everyday convenience. Extensive stone surfaces and custom cabinetry, complemented by a fully equipped butler's pantry and adjoining servery designed to cater effortlessly for every occasion.

Acoustic internal doors, engineered Oak flooring, luxurious carpets, statement pendant lighting and extensive LED garden illumination showcase an uncompromising commitment to quality throughout.

Designed for year-round entertaining, the resort-inspired grounds feature a heated swimming pool, multiple alfresco terraces, an outdoor kitchen and expansive lawns framed by mature landscaping, creating an exceptional setting for family gatherings or large-scale entertaining.

To arrange a private viewing, please contact Ian Ross on 0404 868 470

Property specifications;

- 2,022sqm approx. land size

- 1,000sqm approx. home

- Brand new build (International buyer & negative gearing approved)

- Lift to all levels

- Individual climate control in each room (Daikin VRV)

- Acoustic internal doors & double glazing throughout

- High ceilings throughout

- European appliances / outdoor kitchen BBQ

- Integrated home automation controlling lighting, audi and selected services via wall panels or smartphone

- Gym/Yoga room

- EV charging

- Irrigated gardens with lighting

- In-ground swimming pool with inverter heating

- Quite court location surrounded by National park

- 3 car garage plus parking for boats, jet skis, caravan etc behind secure automated gates

* Information provided as a guide only

Listing description written by Ian Ross, Danckert Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Built-in Robes
  • Ensuites: 1
  • Furnished
  • Living Areas: 2
  • Study
  • Toilets: 7
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.