650 Esplanade, Mornington is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1101m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
An exceptionally rare development opportunity directly opposite the foreshore, this original 1960s home on a huge 1099sqm corner allotment awaits a contemporary transformation or subdivision for at least two brand-new luxury beachfront homes (STCA) worthy of the blue-chip location. With mature trees and buffered from the Esplanade behind a tall fence and gates with a wide frontage, the property is steps from the popular Nunns Walk trail meandering down to a selection of crystal coves and just a short stroll to the Dava Drive shops and cafes. Perfect to rent out while awaiting planning approvals, the two-bedroom residence boasts a spacious living area with original timber floors, sash windows and split-system airconditioning, a tidy granite kitchen includes a Miele dishwasher and Blanco oven and a renovated bathroom with walk-in shower. Just a four minute drive to bustling Main Street and potentially capturing bay views from an upper level or rooftop terrace, this an exciting project and a chance to make a design statement with a prominent Esplanade address.
- Exciting subdivision potential (STCA)
- Prime site for luxury new coastal homes
The size of Mornington is approximately 21.3 square kilometres. It has 58 parks covering nearly 13.4% of total area. The population of Mornington in 2016 was 23989 people. By 2021 the population was 25759 showing a population growth of 7.4% in the area during that time. The predominant age group in Mornington is 70-79 years. Households in Mornington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mornington work in a professional occupation.In 2021, 73.30% of the homes in Mornington were owner-occupied compared with 71.60% in 2016.
Mornington has 15,844 properties. Over the last 5 years, Houses in Mornington have seen a 18.10% increase in median value, while Units have seen a 20.38% increase. As at 31 January 2026:
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