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 › Harrap Rd
$882,500
Last sold
22 Jan 2018
4
Bedrooms
2
Bathrooms
2
Car spaces
560 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
$882,500
22 Jan 2018 · derived via latest_sale
Local land rate: recorded House sales in Mount Martha (last 5 years) with land size have a median of $1,538/m² of land (n=57). 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
-32.1%
Median sale
Suburb $1,300,000
+1.43 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 Stone Real Estate Mornington PeninsulaRarely does a home capture the essence of Beach-style living to the level of this 4-bedroom family residence in the heart of Mount Martha.
Easy, breezy and immaculate from top to toe, this home set on 560 sqm (approx) is destined to capture hearts.
Plantation shutters adorn the front windows and mature palms and Merbau frame the entrance. A crisp white interior and hints of blue reflect the timeless Long Island style. It's close to Bentons Square Shopping Centre, 1km (approx) to Benton Junior College and a short drive to the beach.
The renovated north-facing masterpiece features a stone kitchen, private gardens front and rear with watering systems, a covered alfresco patio, 2 living rooms, beautiful outlooks and 2 stunning bathrooms.
Make no mistake, this is picture-perfect Beach style, by design.
From the bespoke interior doors to the fully renovated central bathroom complete with floating vessel sink vanity and floor-to-ceiling tiles, this is display home quality.
A wide entrance hall glides past the master suite, a parents' retreat, a formal dining room and a fourth bedroom, to a kitchen dressed in 40mm stone and stainless steel. A light-filled meals and living space flows onto a 5m x 4m Merbau rear deck via bifold doors.
All secondary bedrooms feature fitted built-in double robes and an alfresco undercover paved entertaining area is finished with an overhead fan and caf blinds.
Other appointments include ducted gas heating, ducted evaporative air-conditioning, a 900mm gas cooktop, a breakfast bar, ceiling fans, roller blinds, a remote drive-through double garage with internal access, a generous laundry and a private master bedroom with a walk-in robe and a contemporary ensuite.
Your slice of Long Island awaits.
Listing description written by Malcolm Parkinson, Stone Real Estate Mornington Peninsula — reproduced as published, not verified by Districts.