Mount Martha
Suburb profile, market snapshot and recent listings for Mount Martha, VIC 3934.
About Mount Martha
Welcome to Mount Martha
Mount Martha sits on the Mornington Peninsula, roughly 65 kilometres south-east of Melbourne's CBD, where the Nepean Highway winds down to a coastline of cliffside reserves and sheltered bays. It's a suburb defined by its geography: bushy ridgelines give way to beaches like Mills Beach and Balcombe Bay, and the local streets are as likely to end at a lookout as a shop.
With a population of just under 20,000 and a median age of 46, Mount Martha has long attracted families and downsizers looking for a permanent sea change rather than a weekender, alongside those who've kept the family holiday house and gradually made it home. It suits buyers after space, established gardens and a slower pace, without giving up proximity to the peninsula's better-known towns.
Lifestyle & dining
Life in Mount Martha revolves around its beaches and the small clusters of cafes and shops that service them, particularly around the Esplanade and the Bay Road/Mount Martha village strip. Mills Beach, with its colourful bathing boxes, is the postcard image of the suburb and a popular spot for morning swims and weekend walks, while the surrounding cliffs and coastal reserve offer some of the best ocean views on the peninsula.
The dining scene is understated rather than flashy — good bakeries, casual beachside cafes and a handful of well-regarded restaurants — with more extensive options a short drive away in Mornington and Dromana. Weekends often mean a walk along the foreshore path followed by coffee, rather than a big night out, which suits the suburb's family and retiree mix.
Schools & families
Families are well catered for locally, with Mount Martha Primary School and Osborne Primary School serving the suburb's younger residents, and Balcombe Grammar School offering an independent option nearby. The relatively high median age of 46 reflects a community weighted towards established families and empty-nesters rather than young renters, and the suburb's quiet, leafy streets and generous blocks are part of the drawcard for people raising children here.
Secondary options and additional schooling are available in neighbouring Mornington and further along the peninsula, and many families find the trade-off of a slightly longer school run worthwhile for the lifestyle on offer.
Parks & recreation
Mount Martha's real recreational asset is its coastline and bushland. The Mount Martha Park and the wider Mornington Peninsula foreshore reserve provide walking and cycling trails through tea-tree and coastal scrub, linking beaches, picnic areas and lookouts. Balcombe Estuary and its surrounding parkland add another pocket of green space inland from the coast, popular for birdwatching and quiet walks.
Boating, fishing and swimming are all part of daily life for many residents, and the suburb's position roughly midway along the peninsula makes it a convenient base for exploring further afield — wineries, golf courses and the open beaches towards Point Nepean are all within easy reach.
Getting around
Mount Martha doesn't have its own train station, so most residents rely on cars or buses to connect with the rail network, typically via Frankston or Mornington. The Nepean Highway and Mornington Peninsula Freeway provide the main road link back to Melbourne, with the CBD around 65 kilometres away — a trip that's comfortable outside peak periods but can stretch during weekend peninsula traffic.
Local bus routes connect Mount Martha to Mornington, Frankston and other peninsula towns, and Frankston station remains the key gateway for train travel into the city. For most residents, a car is close to essential given the suburb's spread-out, hilly layout.
The property market
Mount Martha's property market is dominated by houses, which make up 78% of current listings, reflecting the suburb's character as a low-density, family-oriented area rather than a hub for apartment living. Townhouses (4%) and apartments or units (7%) are a minor part of the mix, while land listings (10%) point to some ongoing opportunity for new builds, particularly in the suburb's newer pockets.
The median house price sits at $1.60 million, with houses having recorded growth of 3.2% recently — a solid if measured pace that fits a market where buyers tend to be trading up rather than speculating. Units and apartments are considerably more affordable, with a median of $860,000, offering a lower-entry option in a suburb where land and lifestyle are the primary drivers of value. Median rent across the suburb is $963 a week, underlining that Mount Martha remains a premium corner of the peninsula even for tenants.
Market snapshot
Mount Martha property market
Median sale price
$1.60m
House · 4 bed
Median rent
$963
per week
Gross rental yield
3.1%
annual rent ÷ sale price
Typical price range
Entry
$955k
Median
$1.60m
Premium
$3.89m
Days on market
46
Auction clearance
0%
Sold this year
171
Median sold price trend · House 4 bed
Compound growth -2.2% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Mount Martha by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Mount Martha, VIC 3934.
Population
19,846
residents (2021)
Median age
46
years
Household income
$2,097
median, per week
Median rent
$496
per week
Median mortgage
$2,167
per month
Mortgage / income
24%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Mount Martha
Government school catchment
Independent & Catholic schools
Recent results
Recently sold in Mount Martha
$925k
1 Dulnain Street
Sold ~July 2026
$1.95m
64 Bay Road
Sold ~July 2026
$1.13m
7/2 Bentons Road
Sold ~July 2026
$800k
16 Settlers Way
Sold ~July 2026
$4m
8 Century Drive
Sold ~July 2026
$880k
4/26 Green Island Avenue
Sold ~July 2026
$810k
15 Seacrest Place
Sold ~July 2026
$2.40m
30 Walara Drive
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Mount Martha
Compare the area
Price map around Mount Martha
Every listing for sale near Mount Martha, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
Loading price map…
Common questions
Mount Martha suburb FAQ
What is the median property price in Mount Martha?
The median house price in Mount Martha, VIC is $1.60m for a 4-bedroom home. Over the past year, median sold prices have risen about 3.2%.
How much is rent in Mount Martha?
The median weekly rent in Mount Martha is around $963 per week.
Is Mount Martha a good place to live?
Mount Martha is an established residential suburb in VIC, with a population of around 19,846 and 3 schools in the area.
What is the population of Mount Martha?
Mount Martha has a population of 19,846 (ABS 2021 Census), with a median age of 46.
What schools are in Mount Martha?
There are 3 schools in or near Mount Martha, including Balcombe Grammar School, Mount Martha Primary School and Osborne Primary School.
How long do homes take to sell in Mount Martha?
Properties in Mount Martha take around 46 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Mount Martha?
Entry-level properties in Mount Martha start around $955k, while premium homes reach $3.89m.
Fresh to market
New this week in Mount Martha
The Perfect Balance of Space and Simplicity
Single-level comfort with off-street privacy
CONTEMPORARY COASTAL LIVING
ELYSIAN - A MASTERCLASS IN LUXURY
Available now