James Nelis
The Nelis Group Buyers Agency
Brisbane, QLD+7
Regional Victoria · Mornington Peninsula
Mount Martha is a picturesque coastal suburb on the Mornington Peninsula, known for its tranquil beaches, scenic clifftop walks, and lush, leafy streets. The suburb offers a mix of charming beachside cottages and luxurious modern homes, many with stunning views of Port Phillip Bay.
Last reviewed 14 May 2026
Market snapshot
Official figures
Read 6 October 2026
Median house price by year1
At the 2021 Census
Sources
Mount Martha 3934 · Mornington Peninsula. Medians describe sales, not the value of any one home.
Market analysis
Valuer-General Victoria recorded a median house price of $1,705,000 in Mount Martha for 2025, 6.8% lower than in 2024 and 20.1% higher than in 2020.
In January to March 2026, 23 houses sold at a median of $1,500,000.
Units sold for a median of $850,000 in 2025. Only 3 units sold in January to March 2026, too few for a median, so none is shown for that quarter.
At the 2021 Census, 84% of occupied homes were owned outright or with a mortgage. The median rent was $496 a week and the median mortgage repayment $2,167 a month.
Agents on a Pro plan across Mornington Peninsula
Why a buyers agent
With 23 house sales in January to March 2026, Mount Martha's median describes a mix of homes and says little about any one of them. A buyer's agent who works the Mornington Peninsula can find the sales that match the home you want and negotiate or bid for you.
With its stunning, safe beaches, clifftop walking trails, and leafy streets, Mount Martha offers an idyllic seaside lifestyle just over an hour from Melbourne.
The suburb is a magnet for families due to its strong community, numerous parks, and access to high-quality public and private schools, including the renowned Balcombe Grammar.
The charming local shopping village provides a hub for the community with boutique shops, popular cafes, and quality restaurants, all while being just moments from the beach.
Compare
| Metric | This suburbMount Martha | NearbyDromana | NearbyMornington |
|---|---|---|---|
| Median house | $1,705,000 | $956,000 | $1,082,500 |
| Median unit | $850,000 | $832,000 | $795,000 |
| Year-on-year growth | -6.8% | -4.4% | -1.6% |
| 5-year growth | +20.1% | +25.4% | +21.1% |
| Rental yield | Not available | Not available | Not available |
| Postcode | 3934 | 3936 | 3931 |
Official medians for 2025 from the state Valuer-General, and our calculations from them. Sources are on each suburb page.
The place
Nestled on the Mornington Peninsula's coast, Mount Martha is a sought-after suburb offering a blend of natural beauty and convenient amenities. Its lifestyle is defined by stunning beaches, most notably South Beach and Mount Martha North, which are famous for their colourful bathing boxes and safe swimming conditions.
For families, the suburb is well-served by excellent schools, including the highly regarded Balcombe Grammar School (P-12), Mount Martha Primary School, and Osborne Primary School. Nearby, Mornington Secondary College and Padua College provide further options.
The area boasts abundant green space. The Briars is a historic parkland with walking trails and a wildlife sanctuary, while the Balcombe Creek Boardwalk provides a serene walk through wetlands. The Mount Martha Public Golf Course offers a scenic 18-hole course with bay views.
Shopping and dining are centred around the charming village precinct on Lochiel Avenue, which features a collection of boutique shops, cafes like Milkbar & Co, and restaurants such as Mr Curtis Wine Bar. For more extensive shopping needs, the Bentons Square Shopping Centre is located on the border with Mornington.
Transport is primarily car-based, with the Peninsula Link freeway providing efficient access to Melbourne, approximately 60km away. Several bus routes, including the 781, 784, and 788, connect Mount Martha to the major hub of Frankston, which provides a direct train line to the CBD.
Frequently asked
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Official figures are cited in the figures block above. Editorial review: 14 May 2026.
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