OFF MARKET

329 Esplanade
Mount Martha VIC 3934

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 617m2
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Property Details for 329 Esplanade, Mount Martha

329 Esplanade, Mount Martha is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 617m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
House
Land Size
617m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP428957

Last Listing description (October 2020)

THE WORLD IS YOUR OYSTER

Proudly claiming front row position on Mt Marthas scenic coastline, this solid seaside residence provides views across the bay that match some of the best on the Mornington Peninsula.


With the great blue expanse of the bay spread out before you, the lounge, dining room and an extra-large covered alfresco balcony take best advantage of the stunning outlook where you can lounge or entertain indoors or out while you watch the ships play up and down the bay or the fishing boats anchor just off the coast.

Built on a suspended slab, the home is an opportunity to revive its retro/mid-century decor or bring it into the modern day to enjoy as a permanent residence or as a lock-and-leave holiday home away from busy city life, while the foundations give you a solid platform to build on in a larger renovation on this 617m2 (approx.) allotment.

Offering privacy on a service road off the Esplanade that winds around Mt Marthas stunning coastline, an appealing clinker brick and timber faade offers inspiration for a stylish refurbishment, with exciting scope to install a new kitchen and new bathroom to instantly add value.

With quality parquetry and tiled floors, the home includes a series of 2 bedrooms, 4 living/dining areas that could be converted to bedrooms or remodel rooms that to serve your liking, while garden surrounds in need of TLC also offer means to add instant value.

Elevated over a large double garage, the property is located moments from Mt Martha Village shops and beach, Mt Martha Primary School and Martha Cove marina, while the peninsulas golf courses, wineries, surf beaches and other attractions are just minutes away.

TO VIEW BUYER DUE DILIGENCE CHECKLIST VIEW
http://consumer.vic.gov.au/duediligencechecklist

Property History for 329 Esplanade, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$1,401,000
12 Oct 2020
  • 12 Oct 2020
    Sold for $1,401,000
  • 09 Oct 2020
    Listed for Sale $1.24M - $1.3M
  • 09 Nov 1996
    Listed for Sale SUIT $200,000 PLUS BUYERS

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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 2011 was 17,087 people. By 2016 the population was 18,552 showing a population growth of 8.6% in the area during that time. The predominant age group in Mount Martha is 40-49 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 2011, 83.3% of the homes in Mount Martha were owner-occupied compared with 82.4% in 2016.

Mount Martha has 9,596 properties. Over the last 5 years, Houses in Mount Martha have seen a 38.26% increase in median value, while Units have seen a 23.18% increase. As at 31 October 2024:

  • The median value for Houses in Mount Martha is $1,393,145 while the median value for Units is $768,538.
  • Houses have a median rent of $755 while Units have a median rent of $620.
There are currently 57 properties listed for sale, and 1 property listed for rent in Mount martha on OnTheHouse. According to CoreLogic's data, 345 properties were sold in the past 12 months in Mount martha.

Suburb Insights for Mount Martha 3934

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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.