27 Headland Waters
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About this property
Positioned in one of Mount Martha's most tightly held pockets, 27 Headland Waters presents a rare opportunity to secure a cleared, north-facing 1,301sqm (approx.) allotment complete with endorsed plans and permits-ready for you to bring your vision to life. Showcasing sweeping panoramic views across Port Phillip Bay stretching from Mount Martha to the Melbourne skyline, this is a premium blank canvas with the hard work already done. Set within a quiet, prestigious street just moments from Mount Martha Village and Martha Cove Marina, the property offers an exceptional lifestyle opportunity. Take advantage of the approved plans or tailor your own architectural masterpiece (STCA) to fully capitalise on the breathtaking cliff-top setting-where sunsets, bay views, and sparkling city lights become part of your everyday. Combining lifestyle and convenience, this exclusive address is only minutes from major arterials including Peninsula Link, along with the Mornington Peninsula's renowned wineries, beaches, and walking trails. Zoned for quality schooling including Balcombe Grammar School, and surrounded by an array of recreational amenities, this is a rare chance to secure a premium parcel in a location that continues to outperform. Property Specifications - Land size: 1,301sqm (approx.) - Cleared allotment with endorsed plans & permits - North-facing orientation capturing natural light - Elevated position with uninterrupted bay views - Opportunity to build immediately (STCA) - Premium, tightly held coastal location - Moments to Mount Martha Village & Martha Cove - Easy access to Peninsula Link & Nepean Highway - Close to leading schools including Balcombe Grammar *specifications are indicative only
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Land Area
- 1301 m²
- Listed
- 2 months ago
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Neighbourhood
Living in Mount Martha
This land in Mount Martha, VIC 3934 sits within reach of public transport, and nearby schools. It is listed 41% below the $2.20m median of 62 comparable landswithin 5 km.
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
- Barrow St/Hearn Rd (bus) — 337 m away
- Unnamed — 1.2 km away
- Walara Reserve — 2.2 km away
- Greenlaw Reserve — 2.7 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 low-to-moderate development activity area characterised by scattered residential infill, small-scale mixed-use renewal in the village centre, and incremental infrastructure improvements. The suburb benefits from coastal amenity and proximity to broader Mornington Peninsula growth, but development is constrained by established residential character, environmental sensitivity, and relatively constrained land supply. Activity reflects typical Peninsula growth patterns with emphasis on walkability, coastal access, and preservation of existing character.
Nearby projects
5
Closest
0.3 km
Coastal pathway and reserve improvements
Distance from this property is exact (rings = km). Direction is illustrative.
Coastal pathway and reserve improvements
0.3 kmMornington Peninsula Shire improvements to coastal access, reserves and shared pathways as part of broader peninsula tourism and recreation infrastructure upgrades.
Mount Martha residential infill
0.5 kmScattered residential DAs for dual occupancy and minor subdivision across existing residential lots, typical of Mornington Peninsula infill pressure.
Water and drainage upgrades
1 kmShire-level water, sewerage and stormwater infrastructure to support existing and future residential demand on the peninsula.
Local retail and mixed-use renewal
1.2 kmSmall-scale commercial and residential mixed-use developments in Mount Martha village centre to support local amenity and reduce car dependency.
Surrounding estate development (Mornington Peninsula)
3.5 kmLarger residential estates and land release in nearby precincts (e.g. Mornington, Safety Beach) driving broader regional growth pressure.
Suburb market
Suburb price trend
Mount Martha price trend
Median sold · House 4 bed
Compound growth -2.2% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Mount Martha marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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Side-by-side analysis
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