FOR SALE
$1,800,000 - $1,980,000

3 Olive Grove
Mentone VIC 3194

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 180m2
Land area: 1137m2
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Coastal Charm + Modern Living Convenience

The Avenue Property Co. is delighted to present this exceptional opportunity-a rare, large, flat 1,137m²* block located in the heart of Mentone. This property offers a perfect combination of coastal charm and modern living convenience.
With local attractions like Mentone Beach, Parkdale Yacht Club, Mentone Aquatic Centre, and Parkdale Library just minutes away, you'll have everything at your fingertips. Plus, enjoy easy access to major roads and transport, including Nepean Highway, Mornington Peninsula Freeway, Beach Road, and the nearby Mentone train station and Parkdale train station.
For shopping and everyday essentials, you'll be spoiled by having Thrift Park Shopping Centre within walking distance, along with Bunnings, Officeworks, and a wide range of restaurants, cafés, and retail stores nearby.
This property is ideally surrounded by top-tier educational options that will benefit your children's future, including:
• Mentone Park Primary School
• Parkdale Primary School
• St. Patrick's Catholic Parish Primary School
• Parktone Primary School
• Parkdale Secondary School
• St. Bede's College
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Property Details for 3 Olive Gr, Mentone

3 Olive Gr, Mentone is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1137m2 and floor size of 180m2. The place is currently for sale with The Avenue Property Co.

Building Type
House
Floor Size
180m2
Land Size
1137m2

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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 7,915 properties. Over the last 5 years, Houses in Mentone have seen a 34.26% increase in median value, while Units have seen a 12.83% increase. As at 30 September 2024:

  • The median value for Houses in Mentone is $1,460,703 while the median value for Units is $663,026.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 26 properties listed for sale, and 11 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 351 properties were sold in the past 12 months in Mentone.

Suburb Insights for Mentone 3194

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Florence Law
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Robert Fidanza
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The Avenue Property Co
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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.