OFF MARKET

406/7 Balcombe Road
Mentone VIC 3194

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
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Property Details for 406/7 Balcombe Rd, Mentone

406/7 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 51m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2016
Floor Size
51m2
Local Government
Kingston
Lot/Plan
406/PS728658

Last Listing description (September 2023)

Live the high life from this sleek and stylish 1-bedroom apartment ideally situated beachside of the highway and with all essential amenities conveniently within arm's reach there really is no better base from which to enjoy a carefree lock & leave way of life. Peacefully positioned on the fourth floor of the development, with the bonus of secure intercom entry and lift access, this impeccable apartment boasts an open, light filled living space opening up to generous corner balcony which would be perfect for entertaining, or to simply watch the world go by.

Featuring a well-appointed sleek and functional kitchen with European appliances including integrated dishwasher, sleek subway tiled modern bathroom with good storage, NBN internet, secure car park and a sizeable storage cage, this fabulous property packs a lot of punch for savvy first home owners, investors & downsizers alike!

Add to the package a light & bright queen-sized bedroom with a generous, mirrored built in wardrobe spanning one wall, split system heating and cooling and fashionable oak floors - residents also have exclusive use of the eighth floor lounge and fabulous barbeque terrace with stunning bay views.

With a variety of transport options on your doorstep including bus stops and the redeveloped Mentone station within a couple of minutes walk, this location makes for an easy workday commute unless you're lucky enough to enjoy working from a light & bright well appointed home. Mentone Village shopping precinct with plenty of great cafes & all the amenities you would need are literally only minutes away, as is the bay and many recreation activities, the lucky buyer will enjoy a carefree and enviable lifestyle within this chic and sleek abode.

Property History for 406/7 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$360,000
06 Nov 2021
Listed for Rent
$340/w
04 Jul 2016
  • 06 Nov 2021
    Sold for $360,000
  • 23 Sep 2021
    Listed for Sale Contact Agent.
  • 03 Sep 2018
    Sold for $355,900
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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.