387 Esplanade, Mount Martha is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1970. The property has a land size of 963m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in December 2017.
Encapsulating the true essence of coastal living with priceless panoramic vistas sweeping across Port Phillip Bay, this 1970s three-bedroom home presents an incredible opportunity to secure your own seaside property with front row water views.
Nestled down a semi-private laneway well buffered from the main street on a slightly elevated site maximising the glistening outlook, the two-storey brick home has been immaculately preserved and flaunts excellent bones for a full update to transform into a contemporary seaside haven worthy of this opulent address.
With a north-facing aspect, the formal lounge provides the perfect location to watch the bay sparkle like diamonds as the ships glide by, which could be further enhanced with the addition of a balcony deck for sunset sippers in the balmy bay breeze, while the master bedroom shares the privileged azure views.
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:
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