8/87 Nepean HighwayMentone VIC 3194
Property Details for 8/87 Nepean Hwy, Mentone
8/87 Nepean Hwy, Mentone is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 130m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (February 2022)
BEFORE REGISTERING FOR AN INSPECTION PLEASE ENSURE YOU READ THE BELOW INFORMATION
We will require all prospective buyers to ensure they have unconditional finance approval prior to booking a private inspection of any property.
You will be allocated a 5-minute appointment for your Private Inspection.
Please note - if you do not arrive on time for your inspection you will need to rearrange an alternative inspection time. We ask that you work with the respective agent on the times that are available.
Set well back from the road at the rear of a quiet and neatly kept group, this sunny unit is sure to whet the appetite of buyers seeking a home they can refurbish and really make their own - all in a central and amenity-rich locale.
Metres to the retail, dining and transport hub of Mentone, the neat & tidy blank canvas is ready to move into while dishing up plenty of scope to update with an easy modern makeover.
Spanning one easily-accessible level, accommodation includes a generous living area, large eat-in kitchen, central bathroom, separate WC and laundry with courtyard access. A split system is also offered along with a lock-up garage.
Offering immense appeal to first home buyers, investors and busy professionals alike, this fabulous location is just footsteps to bus stops, trains, shops and cafes; it is also within moments of beautiful Mentone beach and the area's leading schools.
Property History for 8/87 Nepean Hwy, Mentone, VIC 3194
- 19 Oct 2021Sold for $570,000
- 16 Aug 2021Listed for Rent $375 / week
- 30 Jun 2021Listed for Sale $540,000 to $580,000
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0About 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.
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