SOLD
Sold on 09 Sep 2024 for $455,000

504/7 Balcombe Road
Mentone VIC 3194

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 68m2
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Property Details for 504/7 Balcombe Rd, Mentone

504/7 Balcombe Rd, Mentone is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
68m2
Local Government
Kingston
Lot/Plan
504/PS728658

Last Listing description (January 2023)

Amazing opportunity for a premium lifestyle with the convenience of a prime Mentone location. Close to the beach, parkland, shops, freeways and so much more.

This award-winning architect-designed two bedrooms, two bathrooms one car park apartment offers:
- Sleek kitchen with Miele appliance

- Quality timber floors
- Master bedroom with ensuite and both bedrooms with BIR
- Heating and Cooling
- Large balcony
- Oversized storage cage
- Incredible indoor/outdoor rooftop terrace showcases impressive views of the bay and across to Melbourne's CBD and includes lounges, tables, and BBQ for relaxed entertaining.
- Close to Mentone Girls' Grammar, Mentone Grammar, Mentone Primary School, St Patrick's School
- Walking distance to Mentone Station, just minutes driving to Mentone Beach
- Easy driving to Southland Shopping Center via Nepean Highway

Booking for inspection please contact Mandy at 0435170278 or email us: rentals@levicgroup.com

ignite application accepted.

Property History for 504/7 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$455,000
09 Sep 2024
Listed for Rent
$420/w
19 Dec 2022
  • 09 Sep 2024
    Sold for $455,000
  • 13 Dec 2022
    Listed for Rent $420 / week
  • 04 May 2022
    Listed for Rent $440 / 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 7,876 properties. Over the last 5 years, Houses in Mentone have seen a 34.26% increase in median value, while Units have seen a 12.83% increase. As at 30 September 2024:

  • The median value for Houses in Mentone is $1,460,703 while the median value for Units is $663,026.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 22 properties listed for sale, and 11 properties listed for rent in Mentone on OnTheHouse. According to CoreLogic's data, 342 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.