SOLD
Sold on 02 Sep 2024 for $330,000

308/7 Balcombe Road
Mentone VIC 3194

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Sold By
Jellis Craig Mentone
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Property Details for 308/7 Balcombe Rd, Mentone

308/7 Balcombe Rd, Mentone is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
55m2
Local Government
Kingston
Lot/Plan
308/PS728658

Last Listing description (September 2024)

Merging contemporary sophistication and urban amenity with spectacular success, this single-bedroom domain establishes itself as a turn-key opportunity for young professionals looking to enter this tightly-held pocket on the beach-side of the Nepean Highway.

A material selection comprising engineered hardwood flooring, square-set joinery, stacked-tiling, and European appliances is sure to impress, presenting a timeless aesthetic with a luxe, sophisticated materiality.

Floor-to-ceiling windows and a north-facing orientation flood the interiors in natural light. The undercover balcony - cleverly set with cafe blinds - offers further space for entertaining.

Finalising the list of features is a single bedroom with BIR, a fully tiled ensuite with frameless rainfall shower, Euro laundry, living room inverter reverse A/C/Heating, and secure parking with storage cage.

Living within this prestigious Bayside pocket means enjoying easy access to Mentone Railway Station, Cheltenham station village, Southland SC, and the foreshore.

Property History for 308/7 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$330,000
02 Sep 2024
  • 02 Sep 2024
    Sold for $330,000
  • 26 Aug 2024
    Listed for Sale Not Disclosed
  • 24 Nov 2023
    Sold for $340,000
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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 7,943 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.