OFF MARKET

1 Mentor Road
Balnarring Beach VIC 3926

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 122m2
Land area: 437m2
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Property Details for 1 Mentor Rd, Balnarring Beach

1 Mentor Rd, Balnarring Beach is a 2 bedroom, 2 bathroom House and was built in 1985. The property has a land size of 437m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1985
Floor Size
122m2
Land Size
437m2
Local Government
Mornington Peninsula
Lot/Plan
CP109427

Last Listing description (December 2020)

Expressions of interest closing Thursday 17th December 2020 at 5.00pm AEDT (unless sold prior).

Offered for the first time in over 100 years, this much loved family home literally on the sands of Balnarring Beach is truly a once in a lifetime opportunity

This prized land holding metres from the waters edge is one of Victoria's rare gems positioned at the end of this magical coastal cul de sac.

This comfortable 3 bedroom, 2 bathroom timber beach house has enjoyed celebrations with family and friends for 4 generations with one of the best alfresco living spaces on the Peninsula.

No amount of expenditure for a new home (STCA) could be over capitalised in such an exceptionally rare offering.

This absolute waterfront home will also be offered with 1/3 ownership of the adjoining vacant waterfront block.

1 Mentor Road land size 461 sqms (approx.)
3 Mentor Road land size 263 sqms (approx.)

Proudly marketed by the team at Peninsula Sotheby's International Realty.

Property History for 1 Mentor Rd, Balnarring Beach, VIC 3926

A timeline of how this property has performed in the market
Last Sold
$5,450,000
01 Jul 2021
  • 01 Jul 2021
    Sold for $5,450,000
  • 23 Nov 2020
    Listed for Sale EOI CLOSED - UNDER OFFER
  • 27 Mar 1996
    Sold for $40,000

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About Balnarring Beach 3926

The size of Balnarring Beach is approximately 1.6 square kilometres. It has 5 parks covering nearly 12.6% of total area. The population of Balnarring Beach in 2011 was 354 people. By 2016 the population was 425 showing a population growth of 20.1% in the area during that time. The predominant age group in Balnarring Beach is 60-69 years. Households in Balnarring Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Balnarring Beach work in a professional occupation. In 2011, 81.4% of the homes in Balnarring Beach were owner-occupied compared with 84.8% in 2016.

Balnarring Beach has 438 properties. Over the last 5 years, Houses in Balnarring Beach have seen a 53.14% increase in median value. As at 31 July 2024:

  • The median value for Houses in Balnarring Beach is $1,316,121 while the median value for Units is $470,133.
  • Houses have a median rent of $465.
There are currently 4 properties listed for sale, and no properties listed for rent in Balnarring beach on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Balnarring beach.

Suburb Insights for Balnarring Beach 3926

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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.