FOR SALE
$250,000 - $275,000

1/173 Balcombe Road
Mentone VIC 3194

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 29m2
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Studio space that packs a punch!

All good things come in small packages and this opportunity is no exception!
Centrally located to all the amenities you may need, this ground level studio apartment is within a five minute radius to shops, schools, beach and restaurants, and is definitely an opportunity not to be missed.
Offering a large studio space, fully renovated with an entertaining area, a bathroom with shower and separate toilet, outdoor decking area perfect for entertaining and a great kitchen for two.
New floor boards, communal coin laundry facility, a lock-up storage facility and designated parking space are all included.
Inspect as advertised or by appointment.
Property Code: 812
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Property Details for 1/173 Balcombe Rd, Mentone

1/173 Balcombe Rd, Mentone is a 1 bedroom, 1 bathroom Studio with 1 parking spaces. The property has a floor size of 29m2. The place is currently for sale with ALL Residential Real Estate Agencies.

Building Type
Studio
Floor Size
29m2

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About Mentone 3194

The size of Mentone is approximately 4.5 square kilometres. It has 13 parks covering nearly 5.9% of total area. The population of Mentone in 2011 was 11,667 people. By 2016 the population was 12,973 showing a population growth of 11.2% in the area during that time. The predominant age group in Mentone is 40-49 years. Households in Mentone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mentone work in a professional occupation. In 2011, 66.7% of the homes in Mentone were owner-occupied compared with 62.9% in 2016.

Mentone has 7,983 properties. Over the last 5 years, Houses in Mentone have seen a 16.77% increase in median value, while Units have seen a 6.19% increase. As at 30 November 2024:

  • The median value for Houses in Mentone is $1,390,439 while the median value for Units is $649,524.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 20 properties listed for sale, and 5 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 350 properties were sold in the past 12 months in Mentone.

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Graeme Lund
Alex Kenny
ALL Residential Real Estate Agencies
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