SOLD
Sold on 24 May 2024 for $600,000

4/117-119 Balcombe Road
Mentone VIC 3194

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 1393m2
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Property Details for 4/117-119 Balcombe Rd, Mentone

4/117-119 Balcombe Rd, Mentone is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1393m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
89m2
Land Size
1393m2
Local Government
Kingston
Lot/Plan
12/RP2888

Last Listing description (May 2021)

Perfect as a first home and certain to attract the attention of astute investors, this potential-loaded super-sized 2-bedroom unit is literally just metres to shops, cafes and the station while the bay is reachable by foot. What better place to start your property journey or add to investment portfolio than right here in the heart of burgeoning Mentone!
In original but impeccable condition, this generous blank canvas unit features an open plan living/meals area with split system heating/cooling, practical kitchen with breakfast bar, bright bathroom, separate WC and full laundry. Built-in robes star in the two bedrooms while a lock-up garage is a bonus.
One of just eight homes in a neatly maintained group, the unit is within the prized Mentone Girls' and Beaumaris Secondary College zones, close to primary schools and the suburb's elite private schools, while this wonderfully central location is well serviced by bus routes for the utmost in daily ease and convenience.

For all enquiries please contact Mark Pearman 0418 567 036 Hodges Mentone/Chelsea.

Property History for 4/117-119 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$600,000
24 May 2024
Listed for Rent
$300/w
13 Feb 2014
  • 24 May 2024
    Sold for $600,000
  • 22 May 2021
    Sold for $500,000
  • 26 Apr 2021
    Listed for Sale AUCTION SATURDAY AT 11.00AM
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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.