Somerset Dr

Mount Martha | Victoria

The Vision of

Villa Luxury

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Jasmin Scott

Presented At

$1,595,000

Bedrooms

Bathrooms

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 1

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 2

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 3

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 4

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 5

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 6

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 7

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 8

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 9

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 10

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 11

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 12

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 13

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Somerset Dr

Mount Martha | Victoria

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. , Mount Martha , Victoria

ELEVATED COASTAL LIVING, MODERN COMFORT MEETS BAY VIEWS

Embrace the ultimate in coastal living with this beautifully designed home in the heart of beachside Mount Martha. Inside, sleek contemporary interiors unfold across a well-planned layout, offering the perfect blend of style and functionality for family living. The upper-level family zone is a true standout, offering expansive living and dining areas that flow effortlessly to both a front balcony, where you can soak in stunning bay views and city lights, and a rear deck that overlooks leafy treetops and the serene Mount Martha Golf Course-perfect for entertaining or simply unwinding. Located just moments from Mount Martha Village, pristine beaches, top-rated schools, and lush reserves, with easy access to Mornington's amenities and the Mornington Peninsula Freeway, this home offers both convenience and lifestyle. The thoughtful layout begins on the first floor with two generous bedrooms, including a master suite with a walk-in robe and pristine ensuite. The second floor features two additional bedrooms with built-in robes, an inviting family retreat, and a sparkling central bathroom. On the top level, you'll find an entertainer's dream. The sleek CaesarStone kitchen is fully equipped with high-end appliances and dishwasher, while the rear deck boasts a fully equipped outdoor kitchen, complete with a barbecue, pizza oven, and bar fridge, ensuring every gathering is unforgettable. Additional features include ducted heating, reverse cycle air conditioning, landscaped gardens with rear access to the golf course, a large remote double garage with internal access, and off-street parking for up to five cars. This home is the epitome of coastal luxury, designed for those who appreciate space, style, and the perfect balance between relaxation and entertaining.

Gallery

3D Street View Tour

Property Location

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia., Mount Martha Victoria

Local Weather & Climate

Mount Martha, Victoria

Current Conditions Updated recently

58 °F

Light rain

Feels Like 58°F

Humidity 91%

Wind 16 mph

Visibility 6.2 mi

Sunrise 7:43 PM

Sunset 9:24 AM

5-Day Forecast

Wed 11 Feb

Rain

High 58°

Low 53°

Thu 12 Feb

Clouds

High 62°

Low 57°

Fri 13 Feb

Clouds

High 65°

Low 59°

Sat 14 Feb

Clouds

High 70°

Low 61°

Sun 15 Feb

Clear

High 76°

Low 66°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Mount Martha?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

A$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Australia. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Australia tax year 2024 (fiscal year: July-June), rules effective from 1987. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$1,595,000

24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia.

Mount Martha, Victoria

4 Beds

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Market Opinion

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Our perspective on current market conditions in Mount Martha. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $159,500,000 20% down ($31,900,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$13,706/day

Your home may appreciate while you sleep

$96,204/week $416,885/mo $5,002,616/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$87.8M

+$124.5M

$124.5M Potential Equity

vs $87.8M lost to rent over 10 years

$31.9M Down Payment Growth

3.9x

10yr

$124.5M

8.1x

20yr

$257.8M

12.6x

30yr

$402.8M

Wealth Comparison

×959

Equivalent to 959 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $402.8M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $187.8M +18%

Market $217.2M +36%

Optimistic $250.7M +57%

$124.5M est. equity

20 Years

Conservative $221.2M +39%

Market $295.8M +85%

Optimistic $393.9M +147%

$257.8M est. equity

30 Years

Conservative $260.5M +63%

Market $402.8M +153%

Optimistic $619.0M +288%

$402.8M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia have?

This house at 24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia features 4 bedrooms.

What is the listing price for 24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia?

This property is listed at $159,500,000.

Is now a good time to buy a home in Mount Martha?

Based on current market indicators, Mount Martha shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 24 Somerset Dr, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia?

This is a house located in Mount Martha, Victoria. The property is situated in an established neighborhood with convenient access to local amenities and services.