SOLD
Sold on 17 Dec 2023 for $3,175,000

4/51 Balcombe Road
Mentone VIC 3194

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 80m2
Land area: 893m2
Sold By
Thomson Mentone
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Property Details for 4/51 Balcombe Rd, Mentone

4/51 Balcombe Rd, Mentone is a 0 bedroom, 0 bathroom Unit and was built in 1972. The property has a land size of 893m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
1972
Floor Size
80m2
Land Size
893m2
Local Government
Kingston
Lot/Plan
4/RP15351

Last Listing description (May 2024)

Presenting this delightful two-bedroom apartment, perfectly positioned for effortless living in Mentone.

Step inside to discover a well-appointed lounge featuring a split system for year-round comfort, seamlessly flowing into a neat kitchen boasting gas cooking facilities. Both bedrooms offer ample space, with the main bedroom featuring built-in robes for added convenience.

The light-filled bathroom features a shower over bath and includes washing machine facilities, ensuring practicality meets style. Secure car parking adds peace of mind to this already attractive package.

With its prime location within walking distance to Mentone Shops and public transport, convenience is at your fingertips.

Don't miss this opportunity to secure a charming apartment in a highly sought-after location. Contact us today to arrange a viewing!

Property History for 4/51 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$3,175,000
17 Dec 2023
Listed for Rent
$480/w
02 May 2024
  • 02 May 2024
    Listed for Rent $480 / week
  • 17 Dec 2023
    Sold for $3,175,000
  • 25 Jun 2020
    Listed for Rent $360 / week
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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.