SOLD
Sold on 18 Jan 2024 for $502,000

217/116 Balcombe Road
Mentone VIC 3194

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 76m2
Sold By
Jellis Craig Mentone
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Property Details for 217/116 Balcombe Rd, Mentone

217/116 Balcombe Rd, Mentone is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 76m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
76m2
Land Size
76m2
Local Government
Kingston
Lot/Plan
17/PS744623

Last Listing description (February 2024)

Positioned on the Mentone village edge within metres of boutique stores, fooderies, and public transport, this property?s relaxed approach to contemporary living is counterbalanced by a quality material palette and thoughtfully curated design.

The integrated lounge & dining domain move seamlessly onto an east-facing balcony, with the indoor-outdoor options benefitting from an elevated, private position hidden behind stylistic external panelling. A unique feature is a shared courtyard intersecting the two bedrooms for secondary alfresco entertaining.

Functional elements include a well-appointed kitchen with wraparound stone preparation benches, breakfast bar, tiled splashbacks and stainless-steel appliances; block-out blinds, BIR in both bedrooms, and floor-to-ceiling bathroom tiling.

Final features include secure parking & storage, living room A/C, engineered hardwood flooring, and a built-in desk.

From this acclaimed position, the best of Mentone is at your doorstep, and only moments away sits Cheltenham station village, Southland SC, and Cheltenham Park Reserve.

Property History for 217/116 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$502,000
18 Jan 2024
  • 18 Jan 2024
    Sold for $502,000
  • 20 Dec 2023
    Listed for Sale Not Disclosed
  • 09 Mar 2016
    Sold for $482,500

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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 27 properties listed for sale, and 7 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 347 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.