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Back 5229 Martha Cove Water Way
Off Market

5229 Martha Cove Water Way

Safety Beach VIC 3936

Land
Last sold for $200,000
Fiona JonesFiona Jones, last sold this property on 12 March 2026 after 209 days on market.

Overview

Hidden Harbour 12m Freehold Berth Immediate Possession

A superb opportunity to secure a 12m freehold berth in one of the Mornington Peninsula's most desirable boating locations. Located on Pier C, Lot B5229 is positioned roughly halfway along the pier. The marina provides a safe, sheltered harbour year-round, with access via a secure gated boardwalk. As a freehold owner, you'll hold your own certificate of title and benefit from low annual outgoings of approximately $2,500, covering council rates, power, water and 24/7 security. Onsite parking and toilet facilities are also included. With immediate possession available, you can enjoy the convenience and security of Hidden Harbour without delay. Opportunities to purchase a freehold berth on Port Phillip Bay are almost unheard of and at this price, they're rare. Secure it today.

Features

Land

Estimated Value

Based on this property and similar land plots sold in Safety Beach over the last 12 months, the estimated median property value of 5229 Martha Cove Water Way is $240k.

Median value
$240k
Estimated value range
$195k - $2.15m
Median days on market
120
Estimated value trend
-46%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Safety Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5229 Martha Cove Water Way

2026
Sold
$200,000
Private Sale/Treaty on 12 Mar 2026 by Fiona Jones, of Impact Realty Group Mount Eliza | Frankston

Happy sellers in Safety Beach

84%
84% of sellers in Safety Beach reported that their sale price either exceeded or met their price expectations.

Safety Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 45 reviews in Safety Beach over the last 12 months.

Local market activity for land plots in Safety Beach

In the last 12 months, 12 land plots similar to 5229 Martha Cove Water Way, have been sold.

This represents a 44% decrease in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Safety Beach

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Matt Carroll

Matt Carroll is an award winning recommended agent for Safety Beach.  They have 42 local sales and collected 27 local reviews across the last 12 months.

  •   5   (156 reviews)
  •  27 Reviews in Safety Beach
  •  42 Sales in Safety Beach
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Grant O'Brien

Grant O'Brien is a recommended agent for Safety Beach.  They have collected 25 local reviews across the last 12 months.

  •   4.9   (25 reviews)
  •  25 Reviews in Safety Beach
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Jarrod Eastwood

Sellers who recommend Jarrod Eastwood have praised them for being clear communication, local expert, responsive, friendly, honest, pleasant and supportive

  •   4.8   (308 reviews)
  •  7 Reviews in Safety Beach
  •  23 Sales in Safety Beach
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Stuart Cox

Sellers who recommend Stuart Cox have praised them for being clear communication, local expert, responsive and stress-free process

  •   4.9   (16 reviews)
  •  5 Reviews in Safety Beach
  •  7 Sales in Safety Beach
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