OFF MARKET

2 Gainsborough Road
Mentone VIC 3194

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 649m2
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Last updated 11 Nov 2024
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Property Details for 2 Gainsborough Rd, Mentone

2 Gainsborough Rd, Mentone is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 649m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Land Size
649m2
Local Government
Kingston
Lot/Plan
123/LP42620

Last Listing description (April 2022)

Nestled in a family-friendly neighbourhood and enjoying brilliant proximity to an array of essential amenities, this one-owner home on approx. 647sqm is ready for its next exciting chapter.
Within walking distance of parks and highly regarded preschools, childcare and primary schools - along with prized Parkdale Secondary zoning - this low traffic locale is also within easy reach of shops, transport and the bay along with Mentone's elite private schools making it an enormously appealing proposition for families of all ages and stages.
Ready to move into or rent out with plenty of scope to modernise if desired, the existing home features three good-sized bedrooms, a generous lounge/dining room, practical kitchen/meals area and a central bathroom and laundry.

Whether you choose to update or extend the current home, build your dream residence or explore options to subdivide and embark on a luxury dual occupancy development (STCA), this sought-after locale is hard to beat. The sole owners have watched the suburb grow and evolve from this very position since 1960 - it's now your turn to create your own treasured memories and make this fabulous slice of Mentone your own!

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Property History for 2 Gainsborough Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$1,150,000
23 Feb 2022
  • 23 Feb 2022
    Sold for $1,150,000
  • 10 Feb 2022
    Listed for Sale Contact Agent.

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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.

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