FOR SALE
$338,000

206/15 Balcombe Road
Mentone VIC 3194

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Lifestyle locale - so close to the beach!

1 Bedroom, 1 Bathroom & 1 Car Space apartment with quality fixtures and fittings throughout, this stunning apartment comprises a generous bedroom with mirrored built-in robes, kitchen with adjoining living/dining room, and private paved balcony. Endless features to note include; split system heating/air-conditioning, stainless-steel appliances with dishwasher, intercom system/secure building entry and remote underground parking for one car.
Perfectly located we offer this boutique apartment. Within easy walking distance of all amenities including 550m to the Mentone Train Station, access to the CBD is made easy. The local shopping village offers a wide range of cafes, restaurants, banks, post office and more. Take a stroll to the nearby beach or access the many local schools, parks and Southland Shopping town.
A fantastic opportunity for investors, downsizers or first homebuyers, snap up this bayside beauty and reap the rewards!
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Property Details for 206/15 Balcombe Rd, Mentone

206/15 Balcombe Rd, Mentone is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with The Hopkins Group.

Building Type
Apartment

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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 7,914 properties. Over the last 5 years, Houses in Mentone have seen a 40.30% increase in median value, while Units have seen a 11.70% increase. As at 31 August 2024:

  • The median value for Houses in Mentone is $1,454,772 while the median value for Units is $647,336.
  • Houses have a median rent of $705 while Units have a median rent of $515.
There are currently 26 properties listed for sale, and 13 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 354 properties were sold in the past 12 months in Mentone.

Suburb Insights for Mentone 3194

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Joe Bonifazio
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The Hopkins Group
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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.