5/587 Esplanade Mount Martha VIC 3934
Property Details for 5/587 Esplanade, Mount Martha
5/587 Esplanade, Mount Martha is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1980. The property has a land size of 525m2 and floor size of 152m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Last Listing description (September 2020)
With a sought after Esplanade address and set on approximately 530m2 of land, this privately secluded double storey townhouse provides a true feeling of space. Positioned at the end of the drive the spacious allotment provides an abundance of room for the family boat, caravan, or perhaps even an in-ground pool for the family to enjoy on those hot summer days. Internally the property offers generous open plan living, 3 bedrooms with sliding doors from the main bedroom opening to a private balcony, 2 modern bathrooms, feature timber flooring, plantation shutters, and gas ducted heating. With a bus stop at the front of the complex, golden sandy beaches directly opposite and shops and medical facilities all within a casual stroll this property certainly ticks all of the boxes.
Property History for 5/587 Esplanade, Mount Martha, VIC 3934
- 02 Jul 2019Sold for $730,000
- 22 May 2019Listed for Sale UNDER CONTRACT
- 23 Jun 2012Listed for Rent - Price not available
Recent sales nearby
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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 9,675 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.
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