SOLD
RECENT ADVICE
Sold on 21 Sep 2024 for $720,000

1/40-42 Charman Road
Mentone VIC 3194

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 200m2
Sold By
Jellis Craig Mentone
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Property Details for 1/40-42 Charman Rd, Mentone

1/40-42 Charman Rd, Mentone is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 200m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Mentone in the last 12 months.

Building Type
House
Land Size
200m2
Local Government
Kingston
Lot/Plan
1/PS829382

Last Listing description (October 2024)

Take back your weekends with this next to no maintenance property and just enjoy what Mentone has to offer.

Downsizing - Perfect for a couple or ideal for a single retiree

Investment - Potential return of $31,200 pa

Bayside Living - Beaches, cycling, golfing, running, walking

Independent Living - for the elderly parent, or child to live close by with independence, just one of six units.

Location - Nestled in the sought after bayside suburb of Mentone, surrounded by Melbourne?s best Sandbelt golf courses.

This prized beachside community has everything at your doorstep, 30 minutes from the CBD, Southland Shopping Centre just 5 minutes away, boasting one of the best private and public-school hubs, with cafes and restaurants moments away.

Property History for 1/40-42 Charman Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$720,000
21 Sep 2024
  • 21 Sep 2024
    Sold for $720,000
  • 01 May 2024
    Listed for Sale $750,000-$790,000

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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 7,984 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 6 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 350 properties were sold in the past 12 months in Mentone.

Suburb Insights for Mentone 3194

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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.