OFF MARKET

5/593 Esplanade
Mount Martha VIC 3934

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 355m2
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Property Details for 5/593 Esplanade, Mount Martha

5/593 Esplanade, Mount Martha is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 355m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
1995
Floor Size
122m2
Land Size
355m2
Local Government
Mornington Peninsula
Lot/Plan
5/PS431250

Last Listing description (June 2020)

Opposite Birdrock Beach, sits hidden gem at the rear of an exclusive sought after complex.

Offering a spacious open plan living with large windows in every room flooding the interior in natural light is impressive from every angle, a neutral colour scheme provides a timeless and elegant backdrop to the spacious living room and dining room with a wall of sliding glass opening out to a north-west garden wrapping around to a private entertaining area with a terrace.

The adjoining laminated kitchen with dishwasher is well appointed for easy living, looks out to the garden and has direct access to the garage making bringing in the groceries a breeze. The master bedroom enjoys an ensuite and walk-in robe while two further bedrooms with built-in robes are served by a bright bathroom with a bath and shower alongside a separate toilet.

A double remote garage with internal access and gas ducted heating, reverse-cycle air conditioning units throughout make life a little easier in this prestigious Esplanade location close to Mt Martha Village, beautiful beaches and clifftop walking trails.

Property History for 5/593 Esplanade, Mount Martha, VIC 3934

A timeline of how this property has performed in the market
Last Sold
$685,000
26 Feb 2020
Listed for Rent
$450/w
18 Apr 2016
  • 26 Feb 2020
    Sold for $685,000
  • 20 Feb 2020
    Listed for Sale $620,000 - $680,000
  • 16 Mar 2016
    Listed for Rent - Price not available
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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 9,618 properties. Over the last 5 years, Houses in Mount Martha have seen a 49.29% increase in median value, while Units have seen a 28.48% increase. As at 31 August 2024:

  • The median value for Houses in Mount Martha is $1,432,506 while the median value for Units is $766,180.
  • Houses have a median rent of $750 while Units have a median rent of $590.
There are currently 58 properties listed for sale, and 2 properties listed for rent in Mount martha on OnTheHouse. According to CoreLogic's data, 336 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.