744 Esplanade Mornington VIC 3931
Property Details for 744 Esplanade, Mornington
Last Listing description (August 2025)
An exceptionally rare development opportunity overlooking Fishermans Beach, this vacant landholding offers developers and visionaries the chance to build or subdivide (STCA) across a flat 1,222sqm (approx.) allotment.
Promising a coastal lifestyle within strolling distance of the thriving restaurants and cafes of Main Street, the Golden Mile address sits central to some of the Peninsulas most pristine beaches. Create an opulent haven for growing families with an architectural vision, or capitalise on the potential for subdivision and development.
Set within one of Morningtons most exclusive positions, walking distance from Mornington Park, Mothers Beach, local reserves, and public transport.
- Exceptional development opportunity overlooking Fishermans Beach
- A flat allotment of 1,222sqm (approx.) with amazing vistas across the bay
- Embrace a premier coastal lifestyle within the heart of Mornington
- Perfect for visionaries ready to build or developers seeking subdivision (STCA)
- Enjoy the luxury of close proximity to Morningtons best beaches, parklands and Main Street
- Rear access off Wariba Lane
- Current planning approval for 8 luxury apartments with basement carparking
Property History for 744 Esplanade, Mornington, VIC 3931
- 22 Mar 2025Sold for $4,050,000
- 05 Feb 2025Listed for Sale AUCTION - SATURDAY 22ND MARCH AT 1PM
- 23 Oct 2020Transferred
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0About Mornington 3931
The size of Mornington is approximately 21.3 square kilometres. There are 58 parks, covering nearly 13.4% of the 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.
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