SOLD
Sold on 10 Dec 2023 for $495,000

15/23-25 Olive Grove
Mentone VIC 3194

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 68m2
Sold By
Andrew Plousi
Hodges Mentone/Chelsea
Vanessa Downey
Hodges Mentone/Chelsea
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Property Details for 15/23-25 Olive Gr, Mentone

15/23-25 Olive Gr, Mentone is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 68m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
68m2
Land Size
68m2
Local Government
Kingston
Lot/Plan
15/RP865

Last Listing description (November 2024)

A tranquil retreat or a secure investment with huge potential! Nestled within a quiet garden setting, this solid brick, 2-bedroom unit in an enviable location—just a short walk to shops, parks, schools, and transport, with beautiful beaches only 5 minutes away by car. Move-in ready or primed for rental, it also offers exciting possibilities to modernise and personalise.

The practical layout includes a spacious living and dining area with secure entry and a split system for year-round comfort, leading to a generously sized kitchen with ample bench space. Both bedrooms are well-sized, featuring built-in robes and ceiling fans, with the master bedroom enjoying a serene, leafy outlook. The updated bathroom/laundry with courtyard access adds convenience.

Original hardwood floors, a paved courtyard, and allocated undercover parking enhance the appeal. Just a 6-minute walk to Thrift Park Shopping Centre, 10-minute stroll to local tennis clubs, and close to playgrounds, reserves, and bus stops. Only a 3-minute drive to Mentone Station and Como Parade's shops, cafes, and restaurants. Located in the coveted Mentone Park Primary, Parkdale Secondary, and Mentone Girls' Secondary school zones, this property offers everything you want in a rental property in Mentone at entry pricing.

Book your inspection online to reserve your chance at this beauty.

Property History for 15/23-25 Olive Gr, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$495,000
10 Dec 2023
Listed for Rent
$410/w
29 Jun 2023
  • 07 Nov 2024
    Listed for Rent - Price not available
  • 10 Dec 2023
    Sold for $495,000
  • 01 Aug 2023
    Listed for Sale Not Disclosed
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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.