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 › Craigie Rd
$3,900,000–$4,290,000
For sale
Asking range
7
Bedrooms
3
Bathrooms
10
Car spaces
20,234.282 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
Asking
$3,900,000–$4,290,000
Asking range · $193/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.
Vs Mount Martha
+200.0%
Median sale
Suburb $1,300,000
-2.01 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.
Based on the low end of the asking range, not a contract price.
$240,814 on top of the price (6.2% extra)
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.
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.
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.
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.
Gross yield if leased at the suburb aggregate is 1.0%. 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
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 Homes & AcreageA rare convergence of country life and suburban convenience, or a developer’s dream within one of the Mornington Peninsula’s much loved seaside towns, this 5 acre (approx.) property offers the ultimate chance to enjoy the best of both worlds or an opening for a developer to subdivide (STCA) in this semi-rural hot spot.
On the fringe of Mt Martha’s residential area, alongside prestigious small acreages, the property with Low Density Residential zoning presents potential for a 3-lot subdivision (STCA) and the possibility to rezone to Greater Residential Zone 1 (STCA) just moments from Mt Martha beaches, The Briars, village shops, Bentons Square shops and schools.
Released for the first time in more than 70 years, on offer are two homes on the site along with extensive garaging and shedding, four paddocks, a fruit orchard with apples, pears, apricots, peaches, nectarines and a small botanical garden beside the homes featuring majestic golden elms.
Once part of a dairy farm that graced 40 acres of land off Craigie Rd, the property also includes the original concreted milking sheds as well as a large chicken enclosure and pens, while a paddock laneway and a widened entry off Craigie Rd will appeal to those with horses and live stock.
Providing high appeal constructed of sand block, the main residence boasts three living areas including a home theatre and a billiards room, a large kitchen with a full suite of quality Kleenmaid appliances, while sliding doors allow a lovely flow out to a sunny north west-facing alfresco terrace. A luxurious main bedroom has a spa ensuite and walk-in robe, the children’s wing is serviced by a family bathroom, while the double remote-controlled garage has direct access into the home.
Once the original home on the farm, a 1950s timber home also on the property is in need of some repairs, featuring generously proportioned rooms, large lounge, sunroom, bathroom with corner spa, hardwood floors beneath carpet and an outdoor jacuzzi.
On a development belt moments from freeway access providing an easy trip into the city, this is a prime buying opportunity.
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:
• 5 acre property with 2 homes
• 4 paddocks with laneway
• 4 bay shed can house 6 vehicles
• Large machinery shed & workshop
• Well established fruit orchard
• Small botanical garden
• Large chicken enclosure
• Original milking sheds
• 3 large water tanks
Main residence
• 4 bedrooms, 2 bathrooms
• Billiards room with bar
• Open plan family room
• Home theatre with surround sound
• Dining room with serene garden outlook
• Gas cooktop, wall oven, dishwasher
• North-west facing alfresco terrace
• Spa ensuite & walk-in robe
• Ducted heating, evaporative cooling
• Internal access to double remote garage
Original cottage
• 3 large bedrooms
• Lounge with decorative stone fireplace
• Open kitchen with electric cooktop
• Family room with wood heater
• Sunroom
• Outdoor jacuzzi
• Bathroom with shower and spa
• Reverse-cycle airconditioner
*Artist impressions of Lot 1 (2.5 Acres) and Lot 2 (2.5 Acres) are provided for illustrative purposes and are subject to council approval for subdivision.*
Listing description written by Grant Perry, Homes & Acreage — reproduced as published, not verified by Districts.
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