728 Esplanade, Mornington, VIC 3931 | Property Value & History | OnTheHouse
OFF MARKET

728 Esplanade
Mornington VIC 3931

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 698m2
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Last updated 18 May 2026
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Property Details for 728 Esplanade, Mornington

728 Esplanade, Mornington is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 698m2. While the property is not currently for sale or for rent, it was last transferred in October 2025.

Building Type
House
Land Size
698m2
Local Government
Mornington Peninsula
Lot/Plan
2/TP135815

Last Listing description (December 2017)

EXECUTORS AUCTION
Claiming a blue-chip site directly adjacent the golden cove of Fishermans Beach, this 751sqm (approx) allotment with rear laneway access presents a golden opportunity for developers seeking a premium plot to construct waterfront townhouses (STCA) with potential bay panoramas from a second storey. An easy stroll to the restaurants, cafes and taverns of Main Street and surrounded by leafy parks and magnificent Fishermans Beach beaches, the seaside location is a dream site for a luxury seaside home. Currently site to a period-style 3 bedroom home with high ceilings and decorative cornices, the residence has been divided into two self-contained apartments, each with its own living room, bathroom and kitchen, one of which is currently rented for $250 per week with a tenant who is happy to continue the lease. The second apartment would make a charming weekender until your plans and permits are in place for further development. With beachfront properties becoming increasingly scarce, this exclusive offering showcases an extraordinarily rare opening to secure a premium beachfront property in a boutique neighbourhood.

- Blue-chip site directly adjacent Fishermans Beach
- Potential subdivision (STCA) for 2nd beachfront dwelling
- Large allotment with Esplanade frontage and rear laneway
- Easy stroll to restaurants and taverns of Main Street
- Surrounded by leafy parks and beautiful beaches
- Existing 3 bedroom house with 2 living, 2 kitchen and 2 bathrooms
- Dual-occupancy home currently generating rental income
- Charming holiday home while awaiting plans and permits
- High ceilings, ornate plasterwork and timber floors
- Triple carport and weatherboard shed
- TERMS: 10% Deposit, Balance Due 30 - 120 Days

Property History for 728 Esplanade, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Transferred
18 Oct 2025
Listed for Rent
$210/w
10 Jun 2009
  • 18 Oct 2025
    Transferred
  • 25 Nov 2017
    Sold for $1,860,000
  • 20 Oct 2017
    Listed for Sale Not Disclosed
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About Mornington 3931

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 15,781 properties. Over the last 5 years, Houses in Mornington have seen a 14.66% increase in median value, while Units have seen a 10.74% increase. As at 30 April 2026:

  • The median value for Houses in Mornington is $1,202,909 while the median value for Units is $822,900.
  • Houses have a median rent of $728 while Units have a median rent of $595.
There are currently 52 properties listed for sale, and 8 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 647 properties were sold in the past 12 months in Mornington.

Suburb Insights for Mornington 3931

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.