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 › Ellerina Rd
$2,350,000–$2,550,000
For sale
Asking range
5
Bedrooms
3
Bathrooms
2
Car spaces
1,145 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
$2,350,000–$2,550,000
Asking range · $2,052/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
+80.8%
Median sale
Suburb $1,300,000
-1.35 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.
$140,064 on top of the price (6.0% 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 1.7%. 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 McEwing & PartnersMOUNT MARTHAS BEST BUYING OPPORTUNITY
A stunning modern design that embodies the pure essence of coastal living. Created by the renowned Studio Tom, this bespoke multi-level residence seamlessly blends contemporary design with coastal allure. Set on a sprawling 1,145m² block, the home boasts uninterrupted views across Martha Cove, Arthurs Seat, the Bay and the surrounding landscape.
Set high on the block, this 440m² home is designed to follow the maximum building height, inviting an abundance of natural light to fill the interior. The sleek, modern exterior—featuring Blackbutt shiplap, matte Monument standing seam cladding, and concrete-look rendered block walls—effortlessly blends architectural form with the surrounding natural environment.
As you step through the large keyless blackbutt door, the French oak flooring flows effortlessly past a striking internal courtyard, continuing down the spacious hallway and staircase with soaring raked ceilings and Velux skylights, leading to the expansive living and dining area, A second entry through the oversized two-car garage leads into a sophisticated mudroom, featuring a custom American oak bench and bespoke 2Pac cabinetry.
The spacious living and dining area seamlessly transitions onto the outdoor decks, providing several inviting spaces for relaxation and entertainment. The kitchen and dining area feature a soaring 4m raked ceiling and are equipped with two Siemens ovens, a large induction cooktop, and stunning Calacatta Cremo marble benchtops and splashback. The butler’s pantry is a standout, with an integrated Liebherr fridge and freezer, dishwasher, and a second sink. In the living area, a gas fireplace, finished with handcrafted Hikkaki White Japanese tiles, is complemented by built-in Klipsch 5.1 surround sound and a discreetly hidden bar.
The lower level, or children’s wing, includes a second living area with built-in cabinetry, alongside three spacious and stylish bedrooms, each featuring custom VJ 2Pac cabinetry. The bathroom is a highlight, with a large shower and window, a luxe Kaldewai bath, double vanity, high-end fixtures, and a handcrafted curved mirror set within a striking arch.
The master suite offers breathtaking, uninterrupted views of Dromana Bay and Arthurs Seat. It features a spacious walk-in robe with generous his-and-hers storage, leading into an ensuite adorned with terrazzo and Japanese mosaic tiles. The luxurious ensuite includes a large shower with skylight, freestanding bath, double vanity, high end fixtures and a handcrafted curved mirror and a louvre window framing the stunning bay views.
The lower deck, finished with 40mm Blackbutt, seamlessly extends through the architecturally designed garden to the expansive 8m x 4m fully tiled and heated swimming pool, featuring stone coping. A spacious fenced sundeck and a versatile flat gravel area complete the outdoor space, perfect for a children's play zone or a fire pit area.
- Sublime marina, hinterland and Bay views
- Stunning 5 bedroom plus study coastal home
- Architect designed by Studio Tom
- 2 Living areas, French oak floors
- Alfresco decks & poolside terrace
- Marble kitchen with Siemens appliances & 2-pac cabinetry
- Luxe main Suite with Bay views
- 3.5 stunning bathrooms with Japanese mosaic & terrazzo tiles
- Hydronic heating and ducted reverse cycle airconditioning
- Guest bedroom with ensuite
- Large remote double garage pre wired for an EV charger
- 3 phase power
- Fully tiled swimming pool with infloor cleaning and 3 phase heat pump
- Superb and established landscape designed garden
* VENDORS INSTRUCTIONS ARE TO SELL*
Disclaimer:
McEwing & Partners has prepared this information in good faith, relying on details supplied by third parties and taking all reasonable care to ensure its accuracy. However, we cannot guarantee that all information is free from error. Prospective purchasers are encouraged to make their own enquiries to verify the accuracy of all details.
Listing description written by Marcus Gollings, McEwing & Partners — reproduced as published, not verified by Districts.