SOLD
Sold on 25 Oct 2024 for $1,045,000

1/7 Olive Grove
Mentone VIC 3194

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 159m2
Land area: 489m2
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Property Details for 1/7 Olive Gr, Mentone

1/7 Olive Gr, Mentone is a 3 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 489m2 and floor size of 159m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Mentone in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
159m2
Land Size
489m2
Local Government
Kingston
Lot/Plan
1/PS734055

Property History for 1/7 Olive Gr, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$1,045,000
25 Oct 2024
  • 25 Oct 2024
    Sold for $1,045,000
  • 15 Jul 2023
    Transferred

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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 7,944 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 26 properties listed for sale, and 9 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 347 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.