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 › Kilburn Grove
$5,050,000
Last sold
1 Jan 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
1,136 m²
Land
42 m²
Building
Districts View
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
$5,050,000
1 Jan 2022 · derived via latest_sale
Local land rate: recorded House sales in Mount Martha (last 5 years) with land size have a median of $1,537/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
+288.5%
Median sale
Suburb $1,300,000
-2.24 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 scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Mornington Peninsula
Mornington Peninsula, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,182 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 1,182 m² — land size can look like optionality. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3; EROSION MANAGEMENT OVERLAY - SCHEDULE 7. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 1,182 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 1,182 m² — land size can look like optionality. What reduces it: VEGETATION PROTECTION OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 3; EROSION MANAGEMENT OVERLAY - SCHEDULE 7. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Nicholas LynchInspired design, high-end finishes, and a stunning coastal location add plenty of wow factor to this brand new ultra-luxe family home with resort style pool/spa, and water views from the alfresco pavilion. Imagined and built by a prominent local builder, this breathtaking home is rich in natural elements and meticulously fitted out. Sleek surfaces are swathed in American Oak, Egyptian Limestone, exquisite Dolomite, and hand-cut porcelain. A stunning Australian Limestone fireplace in the cavernous main living space is embedded with fossilised shells. The outstanding kitchen includes a full-service butler's pantry, 4-metre island bench, 900mm Ilve cooker and wall of integrated Miele appliances. Main bedroom with WIR & ensuite, rumpus room, high-spec fit outs to bathrooms, powder room and laundry, smart heating/cooling (including underfloor), gas/heat pump pool and spa, large fully lined double lock up garage with storage cupboards, solar panels and loft storage. Swim at beautiful South Beach at the end of the street, or play tennis at the local club, and the shops and restaurants of Mount Martha village are just a few minutes' walk away.
* Brand new builder's own custom designed home
* Water views from alfresco living/dining pavilion
* Superb Ilve/Miele kitchen with butler's pantry
* American Oak & Egyptian Limestone flooring
* Dolomite benchtops, hand-cut tiles, oak cabinetry
* Master bedroom with custom-fit WIR & ensuite
* Vast, light-filled living zone, opens to alfresco deck
* Fully tiled pool & spa, gas & heat pump, decking
* Over sized DLUG with storage cupboards & loft
* Smart-tech auto heating & cooling, blinds & awnings
* Large 1136sqm (approx.) land, quiet tranquil street
* Walk to beach, village, tennis club, primary school
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Nicholas Lynch Real Estate is committed to protecting the health and welfare of vendors, buyers, landlords, tenants, staff and anyone who lives in or attends the properties that we manage, in the face of the COVID-19 virus.
For more information, and to view the Conditions of Entry, please visit: http://nicholaslynch.net/covid/COE.pdf
To complete the COVID-19 declaration, please visit: http://declaration.nicholaslynch.com.au/
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Photo I.D required at all inspections.
Listing description written by Dean McPherson, Nicholas Lynch — reproduced as published, not verified by Districts.
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