SOLD
Sold on 30 Aug 2024 for $390,000

205/15 Balcombe Road
Mentone VIC 3194

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
Land area: 4806m2
Sold By
The Apartment Specialists
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Property Details for 205/15 Balcombe Rd, Mentone

205/15 Balcombe Rd, Mentone is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 4806m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
76m2
Land Size
4806m2
Local Government
Kingston
Lot/Plan
16/PS713628

Last Listing description (September 2024)

The Apartment Specialists welcomes you to The Palms.

Unit 205 offers both investors or owner occupiers alike the opportunity to enjoy the allure of coastal living in this central Bayside location.

The building is located within a short stroll from the centre heart of Mentone. The Mentone shopping village, public transport hub featuring trains and buses, the beach, schools and all that is required for a quality suburban location.

The apartment features include;

- Modern Kitchen featuring stainless steel appliances
- Under bench dishwasher
- Open plan living and meals area
- Individual split system air conditioner/heater
- Secure entry and intercom system
- Large balcony
- 2 spacious bedrooms
- Car park
- Storage locker

Whether it be your home you require as a sanctuary, or a quality investment apartment you desire, unit 205 is a must inspect.

CALL NOW FOR AN IMMEDIATE INSPECTION.

AVAILABLE NOW FOR PRIVATE SALE. OWNER SAYS SELL!

### - Given this is an apartment complex, access is restricted. Please arrive 5 minutes prior to at the advertised open time and wait at the entrance for access. This will allow us to provide you entry into the apartment through the secured areas and then be in the apartment to answer any queries you may have.

Property History for 205/15 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$390,000
30 Aug 2024
Listed for Rent
$340/w
12 Oct 2018
  • 30 Aug 2024
    Sold for $390,000
  • 01 Aug 2024
    Listed for Sale Not Disclosed
  • 17 Sep 2018
    Listed for Rent $340 / week
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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 7,876 properties. Over the last 5 years, Houses in Mentone have seen a 34.26% increase in median value, while Units have seen a 12.83% increase. As at 30 September 2024:

  • The median value for Houses in Mentone is $1,460,703 while the median value for Units is $663,026.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 22 properties listed for sale, and 11 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 342 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.