342 Esplanade, Mount Martha, VIC 3934 | Property Value & History | OnTheHouse
OFF MARKET

342 Esplanade
Mount Martha VIC 3934

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 494m2
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Property Details for 342 Esplanade, Mount Martha

Building Type
Land
Land Size
494m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP88610

Last Listing description (August 2023)

The location, the setting, the outlook Build the home of your dreams upon blue ribbon land sitting directly opposite the pristine waters of Port Phillip Bay. This elevated position encompasses panoramic views right across to the Bellarine Peninsula.
Capitalise on natural northerly light with the future development of this prestigious site (subject to council approval) to suit personal timeframes and living requirements.
Practically on the water's edge measuring approximately 494m2, this prestigious allotment enjoys one of the best locations in Mount Martha surrounded by other quality coastal homes.

Select this seaside sanctuary along the world-famous stretch of the Esplanade to create your very own lifestyle design on a blank canvas for the ultimate seachange or holiday escape.
This rare commodity is situated between Mount Martha village and beautiful Safety Beach, while Melbourne's CBD is roughly an hour's drive away. Come and discover the local area where you'll find the Balcombe estuary boardwalk, historical Briars Homestead, stunning South Beach, tasty eateries/restaurants and popular golf courses.
Don't miss this once in a lifetime chance to own this iconic piece of beachfront, as we have genuine vendors wishing to sell to realise their future plans. Call Bonaccorde on 59748900 for an agent's appointment to meet at this first-class residential site for an inspection.

*Please note - Auction to be held at the Bonaccorde Office 4/42 Lochiel Avenue, Mt Martha

Property History for 342 Esplanade, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$940,000
25 Feb 2019
  • 16 Aug 2023
    Listed for Sale Not Disclosed
  • 16 Sep 2019
    Listed for Sale Not Disclosed
  • 25 Feb 2019
    Sold for $940,000
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About Mount Martha 3934

The size of Mount Martha is approximately 30.3 square kilometres. It has 43 parks covering nearly 11.5% of total area. The population of Mount Martha in 2016 was 18548 people. By 2021 the population was 19846 showing a population growth of 7.0% in the area during that time. The predominant age group in Mount Martha is 10-19 years. Households in Mount Martha are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Martha work in a professional occupation.In 2021, 84.20% of the homes in Mount Martha were owner-occupied compared with 82.40% in 2016.

Mount Martha has 9,668 properties. Over the last 5 years, Houses in Mount Martha have seen a 23.94% increase in median value, while Units have seen a 29.23% increase. As at 31 December 2025:

  • The median value for Houses in Mount Martha is $1,461,932 while the median value for Units is $861,947.
  • Houses have a median rent of $815 while Units have a median rent of $630.
There are currently 55 properties listed for sale, and 1 property listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 439 properties were sold in the past 12 months in Mount martha.

Suburb Insights for Mount Martha 3934

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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.