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106 Ellerina Road

Mount Martha, VIC 3934, Australia
$1.15m
5 bed 2 bath 2 car915m²

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Area Price Guide
$1.08m$1.22m

Indicative price guide range

🏘️
85
Comparable
📊
$1.50m
Area median
⚖️
-23%
vs median
📐
$1,257
Per m²
📏
915 m²
Land
🗓️
6 days ago
Listed

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About this property

Perched within a quiet Mount Martha setting, this substantial multi-level residence captures panoramic vistas across Red Hill, Martha Cove, Arthurs Seat and Safety Beach. Liveable as is yet primed for significant refurbishment, the five-bedroom-plus-study layout offers impressive scale and exciting scope to renovate and capitalise on its remarkable beachside position. A skylit staircase entry introduces the home's living domain, unfolding across a gentle split-level design that creates natural definition between zones. The timber-topped kitchen is equipped with a gas cooktop, oven and grill, dishwasher and breakfast bar. The dining area below steps through to the main living zone, where a feature stone fireplace anchors the space with warmth and character. A principal bathroom adds everyday convenience without interrupting the main living zones. Downstairs, a comfortable family room is complemented by an updated fully tiled bathroom and a spacious laundry with direct outdoor access. Accommodation is thoughtfully arranged, with most bedrooms appointed with built-in robes for practical storage. Dual decking platforms extend the living footprint outdoors, each positioned to absorb sweeping outlooks from differing vantage points across the surrounding landscape. Further highlights include under-stair storage, gas ducted heating and split-system cooling to support seasonal climate control, while timber-lined interiors enhance the home's charm. Spanning approximately 915m², the grounds incorporate a carport, dedicated workshop/shed and an inviting front verandah, providing a sheltered place to sit and enjoy the natural surrounds. Defined by its commanding aspect and elevated setting, the property presents outstanding potential to enhance the current residence or pursue a complete architectural redevelopment (STCA). Comfortable to occupy while future plans take shape, it delivers a rare chance to secure a view-driven site within a tightly held seaside neighbourhood to create a home that fully embraces its exceptional coastal backdrop. Positioned between Mount Martha Village and the shops and cafés of Dromana, the address places local amenities within easy reach. Just moments from Pebble Beach, Tassells Beach and the Safety Beach foreshore, it also enjoys convenient access to local schools and bus transport, reinforcing its relaxed community lifestyle.

Property Features

    View full listing on Domain

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    Repayment calculator

    $5,575/month
    $2,788 /fortnight
    Loan $920,000 at 6.10% over 30 years

    Upfront costs

    Deposit$230,000
    Stamp duty$63,250
    Conveyancing (est.)$2,000
    Total upfront$295,250
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    2
    Parking
    2
    Land Area
    915m²
    Listed
    6 days ago

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