248 Balcombe Road, Mentone, VIC 3194 | Property Value & History | OnTheHouse
OFF MARKET

248 Balcombe Road
Mentone VIC 3194

Bedrooms: 4
Bathrooms: 1
Car spaces: 3
Land area: 1013m2
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Property Details for 248 Balcombe Rd, Mentone

248 Balcombe Rd, Mentone is a 4 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1013m2. While the property is not currently for sale or for rent, it was last sold in November 1987.

Building Type
House
Land Size
1013m2
Local Government
Kingston
Lot/Plan
1/TP698864

Last Listing description (January 2026)

Presenting exceptional possibilities on a coveted 1,013sqm Approx corner block. The beauty of this substantial parcel of land lies in its abundant development potential STCA, positioned minutes from Mentone Village and the beach. As it stands, the existing home is perfectly placed to the front of this remarkable block within the General Residential Zone - Schedule 5 (GRZ5) and with a wide 50.3m Approx frontage along Bourke Street and 20.1m Approx frontage along Balcombe Road.Positioned perfect to enjoy Mentones shops, cafs and restaurants at one end of the street and the beach at the other with Charman Roads coffee, eateries and the bus a short stroll away. This family focused area boasts three playgrounds within an easy walk. Zoned for Mentone Primary, Beaumaris secondary and Mentone Girls Secondary with Mentone Grammar among many local private schooling options. Currently rentable while you draw up your plans; Modern comforts include a renovated kitchen with Bosch dishwasher, electric cooktop and a breakfast bar. Four robed bedrooms, each with air-conditioning share a family bathroom with a spa bath and two separate toilets. Ducted heating throughout provides year-round comfort. A home office with a split system is accessible via a side entrance and an auto, double car garage offers internal entry. A further single car garage is placed at the end of the garden with a workshop. Whether youre looking to enhance the existing home with your own renovation and subdivide or relish this exceptional development opportunity STCA. This property delivers incredible advantage and is guaranteed to have widespread appeal. For all enquiries please contact Andrew Plousi 0411 799 023 Hodges Mentone.

Property History for 248 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$220,000
01 Nov 1987
  • 29 Oct 2025
    Listed for Sale $1,950,000 - $2,100,000
  • 01 Nov 1987
    Sold for $220,000
  • 14 Sep 1983
    Sold for $118,800
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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 2016 was 12965 people. By 2021 the population was 13197 showing a population growth of 1.8% 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 2021, 65.60% of the homes in Mentone were owner-occupied compared with 62.90% in 2016.

Mentone has 8,009 properties. Over the last 5 years, Houses in Mentone have seen a 9.17% increase in median value, while Units have seen a 4.89% increase. As at 30 April 2026:

  • The median value for Houses in Mentone is $1,481,935 while the median value for Units is $700,672.
  • Houses have a median rent of $800 while Units have a median rent of $550.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Mentone on OnTheHouse. According to Cotality's data, 377 properties were sold in the past 12 months in Mentone.

Suburb Insights for Mentone 3194

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.