SOLD
Sold on 24 Aug 2024 for $825,000

2/62 Balcombe Road
Mentone VIC 3194

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 328m2
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Property Details for 2/62 Balcombe Rd, Mentone

2/62 Balcombe Rd, Mentone is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 328m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
1977
Floor Size
103m2
Land Size
328m2
Local Government
Kingston
Lot/Plan
2/RP10238

Last Listing description (April 2018)

Nestled quietly at the rear of only two.This immaculate two bedroom unit has been freshly renovated and is not to be missed. It offers two good size bedrooms with built in robes, separate lounge and kitchen areas, single garage, with room for another to be packed on the drive way and front and rear north facing gardens
Conveniently located within walking distance to the train station, shopping centre and Mentone beach Everything important in bayside living in encompassed in this suburb. From the Mentone Lifesaving Club to the local cafes and schools the seaside lifestyle is second to none. Schools include Mentone Grammar, Mentone Girls Grammar, Mentone Girls Secondary College, St Bedes and Kilbreda Girls College as well as Mentone Park Primary School and Mentone Primary School

Property History for 2/62 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$825,000
24 Aug 2024
Listed for Rent
$420/w
26 Mar 2018
  • 24 Aug 2024
    Sold for $825,000
  • 02 Mar 2018
    Listed for Rent $420 / week
  • 07 Dec 2017
    Sold for $680,000
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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 7,943 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 9 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.