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

831 Esplanade
Mornington VIC 3931

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 832m2
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Property Details for 831 Esplanade, Mornington

Building Type
Land
Land Size
832m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS715781

Last Listing description (August 2018)

Capitalise on an investment in views of Port Phillip Bay and the enviable Peninsula lifestyle. This rarely encountered 832sqm (approx.) block has sweeping never-to-be built out water vistas and the option to build a splendid home. Plans have been approved by council for a luxurious residence in this highly sought-after location close to Mills Beach, cafes, restaurants, boutiques and numerous entertainment options. A four-bedroom home zoned for family, holiday or retirement living is ready to build with appointments that include an internal elevator and basement garage with ample storage. Use the plans to build an opulent destination ready for summer or imprint with a long-held dream on a vacant block ready for construction in the heart of beachside Mornington. Relax and make memories that last forever where living meets convenience and infinite water vistas stretch out towards the You Yangs and lights of Melbourne.

* Spectacular beach side vacant block

* Plans approved for luxury 4-bedroom home
* Sweeping Port Phillip Bay views from 2 levels
* (54m deep 15m wide) approx.
* Rare opportunity to build in coveted location
* 3-level home with 2 master suites
* 3 living areas for concurrent entertainment
* Internal elevator & basement garage
* Never-to-be built out views
* Close to entertainment & dining on Main Street
* Stroll to famous Mills Beach
* Leisurely 45-minute drive to Melbourne.

Photo I.D. required at Open for Inspections

Property History for 831 Esplanade, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$1,850,000
31 Jul 2017
  • 31 Jul 2017
    Sold for $1,850,000
  • 05 May 2017
    Listed for Sale $1.95 million
  • 15 Mar 2014
    Sold for $1,000,000
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About 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 15,833 properties. Over the last 5 years, Houses in Mornington have seen a 3.12% increase in median value, while Units have seen a 12.25% increase. As at 30 June 2026:

  • The median value for Houses in Mornington is $1,163,680 while the median value for Units is $832,745.
  • Houses have a median rent of $745 while Units have a median rent of $618.
There are currently 30 properties listed for sale, and 12 properties listed for rent in Mornington on OnTheHouse. According to Cotality's data, 640 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.