2/5 Palermo Street, Mentone, VIC 3194 | Property Value & History | OnTheHouse
OFF MARKET

2/5 Palermo Street
Mentone VIC 3194

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 110m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Apr 2026
Low

High
Save

Property Details for 2/5 Palermo St, Mentone

2/5 Palermo St, Mentone is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1975. The property has a land size of 110m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2017.

Building Type
Townhouse
Year Built
1975
Floor Size
70m2
Land Size
110m2
Local Government
Kingston
Lot/Plan
2/RP3631

Last Listing description (December 2017)

Recently renovated throughout and in a peaceful group of only four units where each unit has been smartly rendered, this villa would make a fabulous first home, investment or be a delightful downsizer.
With absolutely nothing to do, this perfectly presented home is set back from the street & rich with texture. The open-plan living area is highlighted by spotted gum floors which flow through the luxe Caesarstone kitchen with waterfall island bench. Here, mirrored splashback and concrete pendant lights compliment the white cabinetry - also featuring Bosch appliances, this is a fabulous spot for entertaining. Extending the space, stacking doors can be thrown open to access the private deck which has side access to the lock up garage.
With thick soft carpet, both bedrooms feature ceiling fans and BIRs plus the surprise of both having quality ensuite shower bathrooms - one with separate WC. This immaculate property also offers reverse-cycle air-conditioning and Euro laundry.

Only seconds to Mentone Beach and a short stroll to the village & station - this one stands out from the rest!
For all enquiries please contact Andrew Plousi 0411 799 023 Hodges Mentone.

Property History for 2/5 Palermo St, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$654,000
09 Dec 2017
  • 09 Dec 2017
    Sold for $654,000
  • 15 Nov 2017
    Listed for Sale Contact agent
  • 27 Feb 2016
    Sold for $600,000
Sign in to see more transactions
Commute Calculator

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 8,010 properties. Over the last 5 years, Houses in Mentone have seen a 12.99% increase in median value, while Units have seen a 7.61% increase. As at 31 March 2026:

  • The median value for Houses in Mentone is $1,491,143 while the median value for Units is $704,670.
  • Houses have a median rent of $770 while Units have a median rent of $550.
There are currently 27 properties listed for sale, and 8 properties listed for rent in Mentone on OnTheHouse. According to Cotality's data, 400 properties were sold in the past 12 months in Mentone.

Suburb Insights for Mentone 3194

Market Insights
Mentone Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mentone Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.