OFF MARKET

633 Esplanade
Mornington VIC 3931

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 278m2
Land area: 731m2
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Property Details for 633 Esplanade, Mornington

633 Esplanade, Mornington is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 731m2 and floor size of 278m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
House
Year Built
1970
Floor Size
278m2
Land Size
731m2
Local Government
Mornington Peninsula
Lot/Plan
26/LP41478

Last Listing description (October 2023)

In such a coveted location, the obvious allure of this 732sqm (approx.) property is the proximity to the Bay and the potential on which to develop a stunning new dwelling or sub-divide (STCA) to take advantage of the glittering views. The existing home has been unoccupied and unloved for some time and whilst past its best, the structure is very sound and the expansive double-storey floorplan remains relevant so a significant renovation is not out of the question.

With living spaces on both levels, the upstairs open plan design encompasses the kitchen, dining and family room and opens onto a large balcony. Two bedrooms, including a master with en-suite, are on the upper level, while a further two are downstairs with a shared bathroom and generous living area. A large mud-room provides excellent storage space and offers internal access to a double garage.

Stretch your legs and walk along the nature trails of the Esplanade and find easy access to lovely Coral Cove beach or run the dogs along leash-free Fosters Beach. Convenience by way of the neighbouring laneway makes the walk for a morning coffee at the Dava Drive shops an easy one. This opportunity is a rare one indeed and the Mortgagee in possession is keen to pass the property onto an astute purchaser.

* Planning permit for two dwellings issued in November 2019 (now expired).

Property History for 633 Esplanade, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$1,535,000
04 Apr 2023
Listed for Rent
$725/w
25 May 2018
  • 04 Apr 2023
    Sold for $1,535,000
  • 27 Feb 2023
    Listed for Sale $1,675,000
  • 25 Oct 2019
    Sold for $1,662,500
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About Mornington 3931

The size of Mornington is approximately 21.3 square kilometres. It has 58 parks covering nearly 13.4% of total area. The population of Mornington in 2011 was 22,421 people. By 2016 the population was 23,995 showing a population growth of 7.0% in the area during that time. The predominant age group in Mornington is 60-69 years. Households in Mornington are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mornington work in a professional occupation. In 2011, 71.5% of the homes in Mornington were owner-occupied compared with 71.6% in 2016.

Mornington has 15,589 properties. Over the last 5 years, Houses in Mornington have seen a 31.12% increase in median value, while Units have seen a 21.93% increase. As at 30 November 2024:

  • The median value for Houses in Mornington is $1,110,129 while the median value for Units is $767,883.
  • Houses have a median rent of $690 while Units have a median rent of $580.
There are currently 56 properties listed for sale, and 14 properties listed for rent in Mornington on OnTheHouse. According to CoreLogic's data, 547 properties were sold in the past 12 months in Mornington.

Suburb Insights for Mornington 3931

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.