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Unit 3,
29 SHANNS AVENUE Mount Martha VIC 3934

This property is Off Market

All about Mount Martha Homes for sale in Mount Martha

The Average property price in this area is $1,845,803, this is based on recent transactions.
Distance to the coast 0.48 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Belle Property 8A BIRDROCK AV, $1,450,000 - $1,595,000 4 Beds - 2 Baths - 2 Parking Within 0.2 km Belle Property 11 MANSON LANE, $775,000 - $840,000 4 Beds - 2 Baths - 2 Parking Within 0.9 km Belle Property 49B VEDA AV, $720,000 - $792,000 3 Beds - 1 Baths - 2 Parking Within 1.6 km Belle Property 10 MARRIOTT DR, $1,450,000 - $1,550,000 5 Beds - 2 Baths - 2 Parking Within 2.0 km Harcourts 24 BELDARRY CT, $1,400,000 - $1,540,000 3 Beds - 2 Baths - 4 Parking Within 2.1 km Ray White 26 CENTURY DR, 2450000 4 Beds - 3 Baths - 5 Parking Within 2.8 km Belle Property 34-36 LEGGATT CR, $5,650,000 4 Beds - 3 Baths - 3 Parking Within 3.7 km Belle Property 11 HULL RD, $2,480,000 - $2,680,000 4 Beds - 2 Baths - 2 Parking Within 3.8 km Professionals 25 VANTAGE POINT DR, $1,500,000-$1,650,000 Beds - Baths - Parking Within 4.2 km Ray White 16 SUNHILL RD, 1250000 0 Beds - 0 Baths - 0 Parking Within 4.3 km Belle Property 13 HUBERT ST, $1,495,000 - 1,595,000 2 Beds - 2 Baths - 2 Parking Within 6.0 km

Recently Sold Properties in this Area

About Mount Martha

With an average age of 55, households expect an average monthly mortgage payment of $2,383 or a weekly rent payment of $545. The average family earns a weekly income of $2,382 with a typical household size of 2.3 and a 97.5% employment rate.

Consistent high demand relative to supply is a key feature in Mount Martha driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mount Martha ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mount Martha classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mount Martha requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Mount Martha we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mount Martha a better buying opportunity than it may have been in the past.

Public Transport

Leawarra

Somerville train

Tyabb Station ship

Tankerton Jetty train

Bittern Station train

Moorooduc

Mornington train

Seaford

Hastings

Stony Point Pier

General Points of Interest

Mornington Golf Club sport

Mornington Tennis Club shopping

Bentons Square shopping

Mornington Central shopping

Peninsula Home golf

Devils Bend Golf Course

The Briars Park Visitor Centre

Flinders Monument

Hickinbotham Winery sport

Mornington Racecourse

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1870 asthma sufferers and 811 people living with diabetes. In addition, 974 people have a heart/vascular condition and 1673 people live with three or more chronic diseases.

A good place to invest in property?

Mount Martha a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

64 / 100

52 / 100

Industry

20 / 100

17 / 100

Population

52 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

45 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Mornington Secondary College Osborne Primary School
Mount Martha Primary School
Mount Martha, VIC, 3934 State Prep-6
Osborne Primary School
Mount Martha, VIC, 3934 State Prep-6

Property Story

Unit 3, 29 Shanns Avenue, Mount Martha, Vic, 3934 is a residential property with 0 bedrooms, 0 bathrooms and 0 Parking spaces. The estimated distance to the sea is only 0.48km and 0.37KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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