SOLD
Sold on 01 Aug 2024 for $485,000

306/7 Balcombe Road
Mentone VIC 3194

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 71m2
Land area: 1696m2
Sold By
Frog Property Sales & Management
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Property Details for 306/7 Balcombe Rd, Mentone

306/7 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 1696m2 and floor size of 71m2. 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
71m2
Land Size
1696m2
Local Government
Kingston
Lot/Plan
306/PS728658

Last Listing description (September 2024)

Proudly sold by Sherrie Lee 0419 001 773 and the team at Frog Property. For further details give us a call. We congratulate our excited buyer and wish our wonderful vendors all the very best. This stunning third-floor apartment offers open-plan living and dining, featuring a beautiful galley-style kitchen with stone benchtops and ample storage. The home includes two generous bedrooms with built-in robes, a study nook in the master bedroom, a spacious central bathroom, and a separate ensuite. Additional features include split-system heating and a private balcony. This secure complex provides a communal rooftop entertaining terrace with BBQ facilities, an air-conditioned lounge with TV, and breathtaking 270-degree views from the bay to the city, the Dandenongs, and beyond the perfect place to entertain family and friends. The hallways are wide and modern and two elevators mean you will never wait long for the doors to open.
Extra inclusions are a secure storage cage and a designated basement carpark.

Enjoy a beachside lifestyle in the heart of Mentone, with easy access to all amenities, including the Mentone train station, local shops, restaurants, cafes, schools, and nearby beaches.

Property History for 306/7 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$485,000
01 Aug 2024
Listed for Rent
$450/w
05 Apr 2022
  • 01 Aug 2024
    Sold for $485,000
  • 17 Jul 2024
    Listed for Sale Under Offer
  • 25 Mar 2022
    Listed for Rent - Price not available
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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 7,911 properties. Over the last 5 years, Houses in Mentone have seen a 40.30% increase in median value, while Units have seen a 11.70% increase. As at 31 August 2024:

  • The median value for Houses in Mentone is $1,454,772 while the median value for Units is $647,336.
  • Houses have a median rent of $705 while Units have a median rent of $515.
There are currently 22 properties listed for sale, and 11 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.