SOLD
Sold on 17 Dec 2023 for $3,175,000

1/51 Balcombe Road
Mentone VIC 3194

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 893m2
Sold By
Thomson Mentone
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Property Details for 1/51 Balcombe Rd, Mentone

1/51 Balcombe Rd, Mentone is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 893m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
67m2
Land Size
893m2
Local Government
Kingston
Lot/Plan
7/RP15351

Last Listing description (September 2021)

Tucked away in a well-maintained block, this modern fully furnished ground-floor apartment presents a ready-to-enjoy lifestyle with its sizeable interior, abundance of natural light and prime location. Well-presented interior comprises two bedrooms (master with BIRs), neat central bathroom. Add to this a open lounge/dining area updated adjoining kitchen, timber benchtops, gas cooktop, oven and dishwasher. Other highlights include split-system heating and cooling, intercom and engineered timber floors and internal laundry facilities plus one carport car space. In a premier Mentone neighbourhood walking distance to cafes, restaurants and trains, also close to kindergarten/childcare services, schools and the beach as well as easy access to walking/cycling trails, hospital precinct and major arterials.
****Unfurnished will also be considered if requested

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Property History for 1/51 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$3,175,000
17 Dec 2023
Listed for Rent
$465/w
10 Sep 2021
  • 17 Dec 2023
    Sold for $3,175,000
  • 16 Jul 2021
    Listed for Rent - Price not available
  • 07 Dec 2020
    Listed for Rent $460 / week
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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 7,940 properties. Over the last 5 years, Houses in Mentone have seen a 25.33% increase in median value, while Units have seen a 11.73% increase. As at 31 October 2024:

  • The median value for Houses in Mentone is $1,405,904 while the median value for Units is $660,859.
  • Houses have a median rent of $700 while Units have a median rent of $515.
There are currently 25 properties listed for sale, and 11 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 346 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.