SOLD
Sold on 03 May 2024 for $340,000

410/7 Balcombe Road
Mentone VIC 3194

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
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Property Details for 410/7 Balcombe Rd, Mentone

410/7 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 43m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
43m2
Local Government
Kingston
Lot/Plan
410/PS728658

Last Listing description (June 2024)

LIFESTYLE LUXE AND PERFECT FOR BUSY LIFESTYLES - Under application
Taking in a bird's eye view across the neighbourhood right down to the sparkling waters of Port Phillip Bay, this light-filled sensation occupies a sought-after west-facing position within a contemporary apartment complex. With lift access up and down to the allocated secure car park, the home is the essence of lock & leave ease, delivering enormous appeal to city-based commuters hunting for a seaside base.

Wide-board flooring creates a coastal appeal through the open plan layout which flows past a gourmet kitchen that has been appointed with Miele appliances and topped with stone. The living area is filled with afternoon sunshine and extends to a good-sized BBQ terrace, while the generous double bedroom benefits from a wall of mirrored robes and is serviced by a stylish bathroom with luxe fixtures and a floating stone vanity.

Wrapped up by reverse cycle heating and cooling, a Euro laundry, storage cage and video intercom entry, this sleek abode also enjoys access to a communal rooftop entertaining area for grander get-togethers with friends.

Downstairs is the morning's coffee or evening drinks, metres away from the bus and an easy walk to the station & town centre, this prime position is also a quick trip across to Thrift Park shopping centre and moments from the beach.

Property History for 410/7 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$340,000
03 May 2024
Listed for Rent
$350/w
15 Feb 2019
  • 14 Jun 2024
    Listed for Rent $420 / week
  • 03 May 2024
    Sold for $340,000
  • 30 Jan 2019
    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 7,940 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 25 properties listed for sale, and 11 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 346 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.