SOLD
Sold on 05 Nov 2024 for $415,000

3/31 Riviera Street
Mentone VIC 3194

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 809m2
Sold By
Buxton Hampton East
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Property Details for 3/31 Riviera St, Mentone

3/31 Riviera St, Mentone is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 809m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
48m2
Land Size
809m2
Local Government
Kingston
Lot/Plan
3/RP16229

Last Listing description (October 2009)

?RIVIERA LIFE?
$195K - $230K A FABULOUS POTENTIAL TO START OR INVEST IN A RARE SINGLE-BEDROOM UNIT WITH GENEROUS COURTYARD SPACE THIS WELL-LOCATED PROPERTY IS IDEAL AS A RENT-AND-FORGET INVESTMENT OPPORTUNITY, OR READY-TO-ADD-VALUE START IN THE MARKET. UPGRADE THIS AFFORDABLE UNIT TO TAKE ADVANTAGE OF GREAT PROPORTIONS INSIDE AND OUT. WITH AN ENTRY LOBBY OPENING TO A BIG BEDROOM WITH A WALL OF ROBES AND A HEATED LOUNGE WRAPPING AROUND TO A KITCHEN AREA, THERE?S PLENTY OF SPACE TO WORK WITH HERE. BEST OF ALL, THERE?S RARE OUTDOOR BENEFITS TOO - WITH A GENEROUS COURTYARD GARDEN WAITING FOR A LANDSCAPER?S TOUCH. LEAVE THE EXISTING LONG-TERM TENANT IN PLACE OR RENOVATE TO YOUR LIKING WITH THE EXISTING NEW CARPETS. WITH A FLEXIBLE RENTAL AGREEMENT YOU GET TO CHOOSE WHETHER THE TENANT WILL STAY AND PAY YOUR WAY...OR WHETHER THE WAY TO THE FUTURE IS A TOTAL UPGRADE. CLOSE TO THE WARRIGAL RD BUS-ROUTE WITH MENTONE BEACH, STATION AND SHOPPING WITHIN EASY REACH, IT?S TIME TO MAKE THE MOST OF SINGLE-LIFE ON RIVIERA! REQUIRE AN UP TO DATE FREE MARKET APPRAISAL ? CALL: MORGAN YOUNG 9584 6500 (0402 115 907) HODGES REAL ESTATE ? MENTONE HODGES REAL ESTATE MENTONE SPECIALISES IN - REAL ESTATE, PROPERTY, LAND, HOMES FOR SALE, APARTMENTS FOR SALE, RENTAL HOMES AND RENTAL APARTMENTS. WE WILL FIND A HOME TO FIT YOUR REQUIREMENTS.

Property History for 3/31 Riviera St, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$415,000
05 Nov 2024
  • 05 Nov 2024
    Sold for $415,000
  • 15 Jan 2020
    Sold for $339,990
  • 29 May 2009
    Sold for $210,000
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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 7,983 properties. Over the last 5 years, Houses in Mentone have seen a 16.77% increase in median value, while Units have seen a 6.19% increase. As at 30 November 2024:

  • The median value for Houses in Mentone is $1,390,439 while the median value for Units is $649,524.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 20 properties listed for sale, and 5 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 350 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.