SOLD
Sold on 21 Sep 2024 for $575,000

3/8 Commercial Road
Mentone VIC 3194

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 809m2
Sold By
Marshall White Sandringham
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Property Details for 3/8 Commercial Rd, Mentone

3/8 Commercial Rd, Mentone is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 809m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
85m2
Land Size
809m2
Local Government
Kingston
Lot/Plan
9/RP18607

Last Listing description (September 2024)

A gorgeous north facing garden apartment and a private position opposite the leafy grounds of Kilbreda College set the tone for this peaceful ground level apartment in boutique complex, one of only six. A bright floorplan offers spacious dimensions with plenty of space for dining and relaxing with the main open plan living area opening to the leafy alfresco zone. A well-equipped kitchen and ample storage, plus two bedrooms with built in robes complete the interior spaces. Additional features include heating and cooling, a Euro laundry and carport behind security gates, while plenty of potential exists to reimagine and refurbish over time is desired, creating a stylish contemporary haven. Conveniently located on the beach-side of the highway, with Mentone village cafes, the station and bus links only a short walk away.

Property History for 3/8 Commercial Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$575,000
21 Sep 2024
  • 21 Sep 2024
    Sold for $575,000
  • 02 Sep 2024
    Listed for Sale $530,000 - $580,000
  • 13 Aug 2006
    Sold for $339,500
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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 7,944 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 26 properties listed for sale, and 9 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.