Mount Martha
3934 VIC
Mount Martha, VIC 3934, is a popular suburb with a diverse age group, prominent occupations being professionals, managers, and technicians. Residents enjoy a mix of commuting options, with a notable trend towards working from home. The suburb boasts a high ICSEA value, indicating educational advantage for students attending government schools.
For houses, Mount Martha presents an opportunity for renovators due to a high sale price IQR ratio. With a market absorption rate below 15%, it could signify a buyer's market. On the other hand, units have a low vacancy rate and a room demand-supply ratio indicating potential for good rental yields.
Mount Martha offers a desirable lifestyle with great amenities, high educational standards, and good investment potential, whether for renovating houses or seeking rental yields in the unit market.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Neighbouring Suburbs
Suburb Highlights
Pricing and long-term growth profile for Mount Martha houses.
Median Price
$1.400M
# Sales
301
12M Growth
-1.4%
10Y Ave Growth
6.3%
Why Buyers Look Here
Owner occupier appeal — 84% owner-occupied — strong community stability and pride of ownership.
Proven growth — 6.3% average annual growth over 10 years.
Tight supply — Only 1.8% of stock on market — limited turnover supports price growth.
Capital Growth
Pricing and long-term growth profile for Mount Martha houses.
Median Price
$1.400M
# Sales
301
12M Growth
-1.4%
10Y Ave Growth
6.3%
Rental Market
Yield, rental pricing and vacancy performance for Mount Martha houses.
Weekly Rent
$825
Rental Yield
3.3%
Vacancy Rate
1.7%
Rentals Last 12M
210
Supply & Demand
Stock levels, days on market and selling conditions for Mount Martha.
Stock on Market
1.8%
Days on Market
35
Building Approvals
0.5%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Mount Martha.
Population
19,846
Owner Occupiers
84%
Median Income
$109k
IRSAD Rank
89
Recent Sales
Recently sold properties in Mount Martha.
Sold Apr 2026
House
18 Cumberland Drive
Mount Martha · 819 m²
$1.53M
522
97 days on market
Sold Apr 2026
House
9 Suffolk Crescent
Mount Martha · 842 m²
$1.39M
322
18 days on market
Sold Apr 2026
House
11 Essex Road
Mount Martha · 800 m²
$1.38M
422
19 days on market
Sold Apr 2026
House
24 Headland Waters
Mount Martha · 1,300 m²
$2.20M
423
176 days on market
Sold Apr 2026
House
7 Fiona Court
Mount Martha · 957 m²
$920k
321
14 days on market
