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

405 Esplanade
Mount Martha VIC 3934

Bedrooms: 6
Bathrooms: 3
Car spaces: 12
Land area: 7460m2
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Last updated 29 Dec 2025
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Property Details for 405 Esplanade, Mount Martha

405 Esplanade, Mount Martha is a 6 bedroom, 3 bathroom House with 12 parking spaces. The property has a land size of 7460m2. While the property is not currently for sale or for rent, it was last transferred in March 2019.

Building Type
House
Land Size
7460m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS548527

Last Listing description (December 2025)

Commanding one of Mount Martha's most prestigious positions, this 7,460sqm (approx.) estate across is a truly rare offering. With uninterrupted, 180-degree views spanning from the city skyline to Port Phillip Heads, this is coastal living at its most spectacular. Privately nestled above the Esplanade and with rear access from Deakin Drive, the property offers unrivaled potentialwhether as a grand private retreat, a multi-generational compound, or an elite development opportunity (STCA). Two existing three-bedroom residences provide immediate convenience, while the sheer expanse of land invites a visionary future. Ample garaging and absolute seclusion ensure a lifestyle of privacy and prestige. With option to also secure the rear allotment at 22 Deakin Drive, opportunities of this calibre are exceedingly rare. This is more than just a propertyit's a legacy.

Property History for 405 Esplanade, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Transferred
27 Mar 2019
  • 31 Jul 2025
    Listed for Sale $8,950,000
  • 27 Dec 2024
    Listed for Sale $9,950,000 - $10,500,000
  • 27 Mar 2019
    Transferred
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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 25.98% increase in median value, while Units have seen a 30.24% increase. As at 30 November 2025:

  • The median value for Houses in Mount Martha is $1,450,650 while the median value for Units is $865,001.
  • Houses have a median rent of $800 while Units have a median rent of $628.
There are currently 44 properties listed for sale, and 1 property listed for rent in Mount martha on OnTheHouse. According to Cotality's data, 443 properties were sold in the past 12 months in Mount martha.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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