Mount Martha at a glance
20,161
People
$1,300,000
Median sale
$756/wk
Median rent
3.02%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
VIC › Mount Martha › Esplanade
$8,500,000–$9,000,000
For sale
Asking range
5
Bedrooms
5
Bathrooms
5
Car spaces
3,304 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$8,500,000–$9,000,000
Asking range · $2,573/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Mount Martha (last 5 years) with land size have a median of $1,538/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
Mount Martha at a glance
20,161
People
$1,300,000
Median sale
$756/wk
Median rent
3.02%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Vs Mount Martha
+553.8%
Median sale
Suburb $1,300,000
-2.56 pp
Gross yield
Suburb 3.02%
Suburb median $1,300,000 from 63 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$539,814 on top of the price (6.4% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Mount Martha's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $756/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 0.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mount Martha at a glance
20,161
People
$1,300,000
Median sale
$756/wk
Median rent
3.02%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Danckert Real EstateOne of Mount Martha's most significant bay view estates, this extraordinary dual title property combines a substantial landholding, breathtaking coastal panoramas, and resort style living in a tightly held position opposite The Pillars.
Positioned directly opposite Mount Martha's iconic Pillars and moments from South Beach and the Village, this prestigious address places the very best of the Mornington Peninsula at your doorstep. Recently recognised as Victoria's highest ranked beach and named among Australia's Top 10 beaches, Mount Martha continues to be celebrated for its natural beauty, coastal lifestyle, and enduring appeal. Melbourne's CBD remains within easy reach, while renowned wineries, championship golf courses, luxury hot springs, and world class surf beaches are all within a short drive.
Acclaimed for its Mediterranean inspired gardens, celebrated architectural design, and exceptional scale, the property has recently undergone an extensive aesthetic and infrastructural transformation, resulting in a sophisticated family estate that effortlessly balances luxury, privacy, and entertaining.
Securely positioned behind automatic gates on approximately 3,304sqm* across two titles, the residence unfolds over two expansive levels, delivering an exceptional level of flexibility for families, guests, and multi generational living. Framed by floor to ceiling glazing, the principal living spaces are oriented towards the spectacular bay outlook, where sweeping views stretch across Port Phillip Bay, capturing passing ships, vibrant sunsets, and the glittering Melbourne skyline.
The upper level serves as the heart of the home, bringing together light filled living and dining spaces, a gourmet kitchen appointed with Dekton stone surfaces, Falcon cooking appliances, and a preparation pantry, along with the luxurious main bedroom suite complete with a fitted dressing room and designer ensuite featuring an Apaiser stone bath. Multiple living zones and expansive alfresco areas ensure the home is equally suited to intimate family living and large scale entertaining.
Dedicated to recreation and relaxation, the lower level introduces further living and entertaining spaces including a games and media room, built in wet bar, gymnasium, and additional guest accommodation, all with seamless access to the surrounding grounds.
Complementing the main residence, the self contained pool house delivers an outstanding lifestyle offering with its own luxury kitchen, spacious studio living area, premium finishes, and rooftop viewing terrace showcasing uninterrupted bay vistas from The Heads to the Melbourne city skyline.
Outside, resort style surroundings create an environment rarely found in residential property. A fully tiled swimming pool and spa form the centrepiece of the landscaped grounds, while a fire pit area, pizza oven, in ground trampoline, and striking avenue of Canary Island date palms further enhance the estate's sense of occasion.
Additional features include hydronic heating, refrigerated air conditioning, Sonos audio throughout, CCTV security, a triple garage, and extensive off street parking.
Listing description written by Alex Corradi, Danckert Real Estate — reproduced as published, not verified by Districts.