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339 Nepean Highway, Mount Martha$2.95m
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339 Nepean Highway

Mount Martha, VIC 3934, Australia
$2.95m
5 bed 2 bath 6 car2.02 ha

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About this property

Idyllically located on five acres of tranquil pastureland nestled between the Bay and The Briars, with bay and city views, this captivating coast-meets-country property presents a rare opportunity to reside in this exclusive rural environment, just minutes to Mount Martha beach and Village. Privately set well back from the road, down a long driveway, the sprawling, five-bedroom single-level brick home has a rich history and contains unique features such as a timber mantle that originated as a sleeper on The Ghan railway, and handmade convict bricks inserted into the fireplace surrounds. Solidly built, with raked exposed-beam ceilings and slate and timber flooring, the generously proportioned layout is perfect for contemporary family living and effortless indoor/outdoor entertaining. Oriented towards the north, with far-reaching bay and rural views, the main open plan living/dining area features an open wood fireplace and flows through to the casual dining area that leads to a verandah and elevated entertaining deck. The well-appointed central kitchen has 2 ovens, a Bosch induction cooktop, dishwasher, pantry and the adjoining spacious living area has a woodfire heater and reverse cycle air conditioning. The master bedroom is zoned in the front section of the home and has a walk-through robe and ensuite bathroom, and another bedroom, with fitted robe, is also in this section and could be ideal as a nursery or study, while a further three large bedrooms, all with built-in robes, plus the main family bathroom are positioned together in the home's rear zone. Also includes 2 separate living zones, a powder room, laundry with external access, an abundance of storage cabinetry, split system heating/cooling, and outside is a timber separate studio/home office, a four-car garage/machinery shed plus a covered double carport attached to the home. Originally set up for equestrian pursuits, the 20,234 square metres (approx.) of elevated, undulating land is fully fenced, with paddocks, bushland pockets and a dam that attracts native wildlife including turtles and blue-tongue lizards. Birdlife also abounds in this tranquil landscape with kookaburras and blue wrens regular visitors. There are three large-capacity water tanks, and an assortment of established fruit trees including apple, plum and olive. This fabulous Mornington Peninsula location is just a short walk to Balcombe Grammar, Balcombe Creek Trail, and The Briars, and within five minutes to Mornington or Mount Martha beaches and shopping.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
2
Parking
6
Land Area
2.02 ha
Listed
3 months ago

Repayment calculator

$14,301/month
$7,151 /fortnight
Loan $2,360,000 at 6.10% over 30 years

Upfront costs

Deposit$590,000
Stamp duty$171,750
Conveyancing (est.)$2,000
Total upfront$763,750
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.

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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. It is listed 58% above the $1.87m median of 66 comparable houseswithin 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

  • Forest Dr/Nepean Hwy (bus)664 m away
  • Greenlaw Reserve885 m away
  • Walara Reserve1.2 km away
  • The Briars Park1.6 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.

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Suburb market

Suburb price trend

Mount Martha price trend

Median sold · House 5+ bed

Compound growth -3.3% / yr over 4 yrs

$2.02mcurrent median

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