OFF MARKET

724 Esplanade
Mornington VIC 3931

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
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Property Details for 724 Esplanade, Mornington

724 Esplanade, Mornington is a 3 bedroom, 1 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Local Government
Mornington Peninsula
Lot/Plan
61/LP4954

Last Listing description (May 2021)

ESTATE AUCTION

A sensational opportunity of the rarest kind directly in front of a walkway down to Fishermans Beach and boat ramp. Representing red hot buying for a builder or developer, this 694sqm (approx.) property offers an extraordinary chance to build a luxury home or two brand new townhouses (SCTA) with beautiful water views, steps from the sand and a short walk to Mornington's ever-vibrant Main Street. A location like no other, the Esplanade property enjoys extra wide frontage facing Hargreaves St, providing scope to build two homes with their own impressive frontages or a luxury home with room for a pool and balcony looking directly over the beach. Steps from Lilo Caf, famous for its breakfasts, great coffee and incredible lunch menu, the charming 1950s home on the property provides comfort as a beach house or to rent out while your development plans take shape.

- All-original 1950s home directly in front of Fishermans Beach
- Rare corner allotment with large frontage to Hargreaves St

- Spacious lounge opening to both front and rear terraces
- Original kitchen with side-by-side gas cooktop and oven
- Three bedrooms including master facing the beach
- Original bathroom with shower & bath, large laundry room
- Gates to double garage and carport with height for a boat
- Ducted heating, reverse cycle air-conditioner
- Walk to Main Street restaurants, cafes & fabulous boutiques
- Ideal dream home site or Melburnian luxury beach house
- TERMS: 10% DEPOSIT, 30-90 DAYS

Property History for 724 Esplanade, Mornington, VIC 3931

A timeline of how this property has performed in the market
Last Sold
$2,230,000
22 May 2021
  • 22 May 2021
    Sold for $2,230,000
  • 12 Apr 2021
    Listed for Sale AUCTION SATURDAY 22ND OF MAY AT 3PM

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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.