OFF MARKET

17 Palermo Street
Mentone VIC 3194

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 184m2
Land area: 713m2
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Property Details for 17 Palermo St, Mentone

17 Palermo St, Mentone is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1925. The property has a land size of 713m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1925
Floor Size
184m2
Land Size
713m2
Local Government
Kingston
Lot/Plan
2/TP586715

Last Listing description (August 2022)

Soaking up fresh bay breezes for almost a century, "Lugano" is an enticing beachside weatherboard home that radiates grace and period appeal. Boasting soaring ceilings and the delicate leadlight windows of the era, the heart-warming c1925 home is welcomed by a decked porch that gives way to attractive interiors. To the front an elegant formal lounge showcases a cosy gas fireplace and a box bay window, whilst peacefully set to the rear, the open plan family/dining room features multiple doors out to a shaded deck overlooking the sundrenched north-westerly garden. Great for entertainers, the kitchen is bright and spacious and features quality appliances plus a generous pantry and flows through to a large practical laundry.
A restored 1890s farmhouse fireplace takes centre stage in the ground-floor master which boasts a walk-thru robe to a bright ensuite; a second bedroom and bright family bathroom downstairs plus a third bedroom tucked away in the attic roofline are also offered. Masses of storage across both levels is a real highlight as is ducted heating and multiple split systems rounding off a classic home is a security alarm and long driveway to a double carport with twin garden sheds.
Occupying 711sqm (approx) of coveted land, this nostalgic opportunity is right in the heart of Mentone's elite school precinct, within metres of the beach & buses and just the easiest stroll to the station, cafes and shops.

Property History for 17 Palermo St, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$2,012,500
04 Jun 2022
  • 04 Jun 2022
    Sold for $2,012,500
  • 10 May 2022
    Listed for Sale Contact Agent.
  • 27 Apr 2000
    Sold for $550,000
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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 7,939 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.