124 Oak AvenueMentone VIC 3194
Property Details for 124 Oak Ave, Mentone
124 Oak Ave, Mentone is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2012. The property has a land size of 163m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Last Listing description (March 2016)
As-new, accommodating and already tenanted, this two-storey streetfront home takes lifestyle investment to a new level. Representing an outstanding opportunity to invest in family living with a sought-after Mentone Girls College Zone address, this three bedroom, 2.5 bathroom home offers carefree investment with a known return, with an excellent tenant in place at $2340pcm until July 2017.
Equally appealing to families and sharehousing tenants with a master-suite beside balconied north-facing principal living and ground-floor secondary bedrooms zoned with a flexible study/retreat, this reverse-cycle air-conditioned home is new enough to offer ongoing tax-depreciations and luxurious enough (with Bosch kitchen, dual vanity ensuite, stone benchtops and solid-timber floors) to attract a discerning tenant.
With rear access double auto-garaging, a water-saving 2000L tank and carefree courtyard spaces, this is a carefree investment package in an in-demand location - close to the Mentone schools, a minute to a choice of station and a minute more to Southland. For more information about this exciting investment opportunity contact Emily Whitehead at Buxton Mentone on 0420 997 276
Property History for 124 Oak Ave, Mentone, VIC 3194
- 24 Feb 2016Sold for $692,500
- 05 Feb 2016Listed for Sale PRIVATE SALE $650,000 - $700,000
- 29 Mar 2013Listed for Rent - Price not available
Recent sales nearby
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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 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 8,011 properties. Over the last 5 years, Houses in Mentone have seen a 37.89% increase in median value, while Units have seen a 21.08% increase. As at 30 November 2025:
- The median value for Houses in Mentone is $1,571,194 while the median value for Units is $717,234.
- Houses have a median rent of $695 while Units have a median rent of $545.
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