Esplanade

Mount Martha | Victoria

Provençal

Villa Style

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Sam Danckert

Presented At

$1,980,000

Bedrooms

Bathrooms

Living

1,260

SQFT

553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 1

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553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 3

553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 4

553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 5

553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 6

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553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 8

553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 9

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553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. - Photo 11

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553

Esplanade

Mount Martha | Victoria

553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia. , Mount Martha , Victoria

CORNER COASTAL BLOCK

Nestled on a prized corner allotment of 978sqm of opportunity, where the iconic Esplanade meets Parer Street, this original seaside cottage offers a rare chance to embrace the ultimate beachside lifestyle in one of Mt Martha’s most coveted locations. Perfectly positioned just steps from the sparkling waters of Port Phillip bay, this 3-bedroom, 1-bathroom cottage radiates charm and nostalgia, offering endless possibilities to renovate, rebuild, or redevelop (STCA) to create your dream coastal retreat. Whether you envision a luxurious contemporary home, a traditional holiday haven, or a smart investment, this property provides the ideal canvas. Currently configured as a quintessential coastal cottage, the home is well-suited for immediate use as a family holiday getaway, rental, or owner-occupied residence while planning your exciting project. The expansive corner block offers dual street access and ample scope to maximize the breathtaking beachside lifestyle on offer. Don’t miss this rare opportunity to secure a premium piece of Mt Martha’s Esplanade – a gateway to stunning beaches, boutique village shops, award-winning wineries, and a serene peninsula lifestyle. Property Specifications

978sqm
corner block
135sqm
of living
Renovation, redevelopment, or rebuild potential (STCA)
Steps from North Beach and moments to Mt Martha Village
Set within a gentrifying precinct with recent $4m+ sales
Exciting design potential with dimensions of Esplanade frontage and 47m
of Parer Street frontage
Gas, water, sewerage are all available and connected

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553

Esplanade

Mount Martha | Victoria

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Property Location

553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia., Mount Martha Victoria

Local Weather & Climate

Mount Martha, Victoria

Current Conditions Updated recently

67 °F

Few clouds

Feels Like 67°F

Humidity 82%

Wind 12 mph

Visibility 6.2 mi

Sunrise 7:23 PM

Sunset 9:39 AM

5-Day Forecast

Sat 24 Jan

Clouds

High 68°

Low 68°

Sun 25 Jan

Clear

High 72°

Low 59°

Mon 26 Jan

Clear

High 83°

Low 61°

Tue 27 Jan

Clouds

High 89°

Low 65°

Wed 28 Jan

Clouds

High 72°

Low 61°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Mount Martha?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

A$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Australia. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Australia tax year 2024 (fiscal year: July-June), rules effective from 1987. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$1,980,000

553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia.

Mount Martha, Victoria

2 Beds

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Market Opinion

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Our perspective on current market conditions in Mount Martha. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $198,000,000 20% down ($39,600,000)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$17,014/day

Your home may appreciate while you sleep

$119,426/week $517,512/mo $6,210,144/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$109.0M

+$154.6M

$154.6M Potential Equity

vs $109.0M lost to rent over 10 years

$39.6M Down Payment Growth

3.9x

10yr

$154.6M

8.1x

20yr

$320.0M

12.6x

30yr

$500.1M

Wealth Comparison

×1,191

Equivalent to 1,191 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $500.1M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $233.2M +18%

Market $269.6M +36%

Optimistic $311.2M +57%

$154.6M est. equity

20 Years

Conservative $274.6M +39%

Market $367.2M +85%

Optimistic $489.0M +147%

$320.0M est. equity

30 Years

Conservative $323.4M +63%

Market $500.1M +153%

Optimistic $768.4M +288%

$500.1M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia have?

This house at 553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia features 2 bedrooms with 1,260 square feet of living space.

What is the size of 553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia?

This property offers 1,260 square feet of living space.

What is the listing price for 553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia?

This property is listed at $198,000,000, which equals $157143 per square foot.

Is now a good time to buy a home in Mount Martha?

Based on current market indicators, Mount Martha shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 553 Esplanade, Mount Martha VIC 3934, Australia, Mount Martha, Victoria, Australia?

This is a house located in Mount Martha, Victoria. The property is situated in an established neighborhood with convenient access to local amenities and services.