250 Forest Drive
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Property Details
- Property Type
- house
- Listing Type
- Off-market
- Bedrooms
- 5
- Bathrooms
- 3
- Land Area
- 455 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Mount Martha
This 5-bedroom house in Mount Martha, VIC 3934 sits within reach of public transport, and nearby schools.
Schools near Mount Martha
- Balcombe Grammar Schoolcombined · Prep-12 · CoEd
- Mount Martha Primary Schoolprimary · Prep-6 · CoEd
- Osborne Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- 63 Somerset Dr (bus) — 495 m away
- Unnamed — 1.2 km away
- Walara Reserve — 1.4 km away
- Greenlaw Reserve — 1.6 km away
Mount Martha at a glance
Full suburb profile- Population
- 19,846
- Median age
- 46
- Household income
- $2,097/wk
- Median rent
- $496/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
Due diligence
Property Report
Future Development
Mount Martha is a small coastal locality on the Mornington Peninsula with limited large-scale development potential due to environmental protections, coastal setback requirements, and established character. Activity is primarily focused on modest infill residential subdivision and village centre mixed-use renewal rather than major urban renewal. Regional infrastructure upgrades on the Mornington Peninsula Highway support incremental population growth.
Nearby projects
5
Closest
0.3 km
Mount Martha Village Centre Mixed-Use
Distance from this property is exact (rings = km). Direction is illustrative.
Mount Martha Village Centre Mixed-Use
0.3 kmSmall-scale village renewal including retail, dining and apartments above street-level commercial uses.
2024
Mount Martha Coastal Residential
0.5 kmInfill residential development on former commercial land with mixed lot sizes for detached and semi-detached housing.
2025
Local Drainage and Stormwater Infrastructure
0.8 kmCouncil-led stormwater management and flood mitigation works supporting residential and commercial development.
Coastal Residential DA - Restricted Land
1.2 kmLimited-scale infill housing on available urban land constrained by coastal setbacks and environmental overlays.
2025
Mornington Peninsula Highway Upgrade
2 kmRegional road upgrade project to improve traffic flow and support population growth across the peninsula.
2026
Suburb market
Suburb price trend
Mount Martha price trend
Median sold · House 5+ bed
Compound growth -3.3% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Mount Martha marketSide-by-side analysis
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