3934 - Mt Martha
Local residents and weekenders agree, Mt Martha is a charming postcode with an abundance of unique features and character. From stunning beaches to exceptional schools the 17 square kilometre pocket on Melbourne's Mornington Peninsula is a real estate haven.
Median house prices reflect the growing interest in Mt Martha with steady increases occurring over the last few years. The latest data (REIV September 2013) puts the median house price at $605,000. There is a good assortment of property types across the neighbourhood from cliff top mansions, to older weatherboard holiday shacks to new affordable housing estates. Beach side of the Nepean Highway tends to offer a greater number of established properties with many million dollar holiday homes situated along the coastal Esplanade.
A growing number of families are choosing to call Mt Martha home as the extension of the Peninsula Link Freeway has made the 60 kilometre trip to the city for work a breeze. The area now also hosts two kindergartens, two popular primary schools and the recently opened Balcombe Grammar School catering for Prep - Year 12 students. Parks, walking tracks, and recreation reserves are also plentiful across the area including the educational Briars Historical Park.
The Mt Martha shopping precinct known as 'The Village' is the suburb’s hub. It's a hive of activity all year round, particularly over the warmer months. The local fish and chip shop and chic upstairs wine bar do a roaring trade in summer!
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