396 Esplanade
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Property Details
- Property Type
- house
- Listing Type
- Sold
- Bedrooms
- 4
- Bathrooms
- 3
- Parking
- 3
- Land Area
- 1819 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Mount Martha
This 4-bedroom house in Mount Martha, VIC 3934 sits within reach of public transport, and nearby schools. It is listed 88% above the $2.10m median of 66 comparable houseswithin 5 km.
Schools near Mount Martha
- Balcombe Grammar Schoolcombined · Prep-12 · CoEd
- Mount Martha Primary Schoolprimary · Prep-6 · CoEd
- Osborne Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Hall St/Hearn Rd (bus) — 472 m away
- Unnamed — 1.1 km away
- Walara Reserve — 1.7 km away
- Greenlaw Reserve — 2.1 km away
Mount Martha at a glance
Full suburb profile- Population
- 19,846
- Median age
- 46
- Household income
- $2,097/wk
- Median rent
- $496/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
Due diligence
Property Report
Future Development
Mount Martha is experiencing modest residential infill and coastal infrastructure investment rather than major urban renewal. Development activity is constrained by the area's established low-density, affluent character, environmental heritage overlays, and foreshore protections. Future activity will likely focus on small-scale subdivisions, dual occupancy on existing acreage, and council-led pedestrian and coastal access improvements.
Nearby projects
5
Closest
0.5 km
Mount Martha foreshore improvements
Distance from this property is exact (rings = km). Direction is illustrative.
Mount Martha foreshore improvements
0.5 kmMornington Peninsula Shire-led coastal reserve upgrades including boat ramp, carpark and pedestrian access improvements.
2023
Mount Martha residential infill approvals
1.2 kmSmall-scale infill subdivisions and dual occupancy approvals on acreage blocks typical of the leafy peninsula locality.
2024-2025
Pedestrian trail connectivity upgrades
1.5 kmMornington Peninsula Shire coastal walking trail expansion and connectivity improvements linking reserves.
2024
Mount Martha private residential estates
2 kmScattered residential development approvals on larger acreage parcels maintaining the area's low-density character.
2024-2026
Safety Beach precinct mixed-use development
2.8 kmAdjacent locality with proposed local commercial and residential intensification near the beach community hub.
2025-2026
Suburb market
Suburb price trend
Mount Martha price trend
Median sold · House 4 bed
Compound growth -2.2% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Mount Martha marketSide-by-side analysis
Compare with similar properties
Similar houses in the same price range in Mount Martha and nearby — see how this property stacks up.
Within 5km