20/13 Craigie Road, Mount Martha VIC 3934
20/13 Craigie Road, Mount Martha VIC 3934
Single-level coastal unit | Beachside pocket of Mount Martha | Low-maintenance layout | Strong downsizer appeal | Bushfire overlay present
This unit sits within an established low-rise group along Craigie Road, a location that carries genuine coastal weight. The single-level configuration is a rare practical advantage for buyers seeking easy living without stairs, and the beach access, village proximity, and coastal walking tracks give it an everyday lifestyle pull that detached homes further inland cannot match. It serves downsizers, holiday buyers, and investors best, offering a modest footprint with generous outdoor space relative to typical unit stock, and the surrounding street’s mix of family homes and larger lifestyle parcels keeps the neighbourhood character stable and desirable.
The price outcome may be shaped by the unit’s exact orientation, condition, and outdoor space, since comparable units in the same complex have varied significantly in size and aspect. A west-facing backyard or east-facing light could subtly shift appeal. The bushfire overlay may affect insurance costs and lending appetite, though it does not appear to have suppressed recent sales in the immediate area. Buyers should weigh the property’s finish level against newer premium stock nearby, while recognising that this complex offers a more conventional, unserviced coastal format at a lower entry point.
Detailed Independent Property Report prepared by PropCred Analyst team for 20/13 Craigie Road, Mount Martha VIC 3934
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Mount Martha is a tightly held coastal suburb dominated by established owner-occupier families, drawn by its lifestyle and proximity to Melbourne. Demand is driven by this demographic seeking quality family homes, though high prices present an affordability constraint. Recent market conditions show divergent trends, with house prices experiencing some volatility while the unit segment has seen mixed performance. Future growth is underpinned by the limited new supply and enduring appeal of the peninsula location, yet the market remains sensitive to broader economic pressures.
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PropCred Estimated Value
Comparable Sales: 14/13 Craigie Road sold $825,000 in 2022; 17/13 Craigie Road listed $850,000–$890,000 | Property Price Band: $800K–$900K | Value Drivers: unit size, outdoor space, condition, aspect
Bedrooms
3
Bathroom
2
Parking
2
Land
290m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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