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Unit 21,
23 OLIVE GROVE Mentone VIC 3194

This property is Off Market

All about Mentone Homes for sale in Mentone

The Average property price in this area is $1,374,856, this is based on recent transactions.
Internet speed Download 100 Mbps / Upload 40 Mbps
Distance to the coast 1.51 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Professionals 3 OLIVE GR, $1,880,000-$1,980,000 4 Beds - 2 Baths - 4 Parking Within 0.2 km Ray White UNIT 1, 5 LOWER DANDENONG RD, 890000 3 Beds - 2 Baths - 2 Parking Within 0.4 km Ray White 14 CHICQUITA CCT, 840000 3 Beds - 3 Baths - 2 Parking Within 0.5 km Belle Property 2 WITHERS WAY, $1,075,000 - $1,125,000 Private Sale 4 Beds - 2 Baths - 2 Parking Within 1.1 km Belle Property UNIT 208, 116 BALCOMBE RD, $580,000 - $620,000 2 Beds - 2 Baths - 1 Parking Within 1.3 km Belle Property 25A FLORENCE ST, $2,200,000 3 Beds - 3 Baths - 2 Parking Within 1.5 km Harcourts UNIT 17, 3-5 ALVENA ST, $450,000 - $495,000 2 Beds - 2 Baths - 1 Parking Within 1.8 km Ray White 25 BOURKE ST, 1780000 3 Beds - 2 Baths - 7 Parking Within 2.2 km

Recently Sold Properties in this Area

About Mentone

With an average age of 36, households expect an average monthly mortgage payment of $1,878 or a weekly rent payment of $351. The average family earns a weekly income of $2,312 with a typical household size of 2.2 and a 100.78% employment rate.

Consistent high demand relative to supply is a key feature in Mentone driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mentone ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mentone classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mentone requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

Southland

Edithvale

Moorabbin

Mordialloc train

Patterson

Aspendale

Parkdale

Cheltenham train

Highett

Sandringham

General Points of Interest

St Patrick's Tennis Club Mentone monument

Lest We Forget sport

Hampton Tennis Club golf

Sandringham Golf Course sport

Cheltenham Bowls Club monument

William C.F. Almeida monument

Sandringham Cenotaph shopping

Golden Plaza sport

Hawkes Sports Centre monument

McKinnon Obelisk

Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 1191 asthma sufferers and 568 people living with diabetes. In addition, 678 people have a heart/vascular condition and 1056 people live with three or more chronic diseases.

A good place to invest in property?

Mentone a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

66 / 100

52 / 100

Industry

25 / 100

17 / 100

Population

43 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

45 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Mentone Park Primary School Mentone Girls Secondary College Parkdale Secondary College
St Bede's College
Mentone, VIC, 3194 Independent 7-12
Parktone Primary School
Parkdale, VIC, 3195 State Prep-6
Mentone Primary School
Mentone, VIC, 3194 State Prep-6
Kilbreda College
Mentone, VIC, 3194 Independent 7-12
Mentone Grammar School
Mentone, VIC, 3194 Independent Prep-12
Parkdale Primary School
Parkdale, VIC, 3195 State Prep-6
St Patrick's School
Mentone, VIC, 3194 Independent Prep-6

Property Story

Unit 21, 23 Olive Grove, Mentone, Vic, 3194 is a residential property . The estimated distance to the sea is only 1.51km and 0.57KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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