392 Esplanade, Mount Martha is a 5 bedroom, 3 bathroom House and was built in 2023. The property has a land size of 963m2 and floor size of 477m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Experience stunning city views, glorious sunsets and imagine a luxurious lifestyle at this prestigious location, perfectly positioned opposite the world-renowned Pillars. This is a once-in-a-lifetime opportunity to secure a slice of the coveted Esplanade, with the potential to capture the ultimate Port Phillip Bay panorama, where colourful sunsets and the city skyline will inspire a relaxed, opulent lifestyle.
Take inspiration from the surrounding cliff top homes and start designing your dream home with this magnificent 963sqm (approx) allotment providing the foundation you need for luxury coastal living (subject to council approval). With just a short stroll to Mount Martha Village cafes and restaurants, the beauty of South Beach and exclusive schools within a short drive, this is your chance to design the dream home to match this breathtaking setting.
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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