307/15 Balcombe Road, Mentone, VIC 3194 sold on 03 June 2025 | OnTheHouse
 
SOLD
Sold on 03 Jun 2025 for $400,000

307/15 Balcombe Road
Mentone VIC 3194

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 307/15 Balcombe Rd, Mentone

307/15 Balcombe Rd, Mentone is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 2 bedroom Unit sold in Mentone in the last 12 months.

Building Type
Unit
Year Built
2015
Local Government
Kingston
Lot/Plan
20/PS713628

Last Listing description (March 2016)

DRENCHED WITH NATURAL SUNLIGHT

The Apartment Specialists proudly present this near new and fantastically located two-bedroom apartment in Mentone. The apartment offers a two great-sized bedrooms, a spacious living room, a European laundry, a brand new kitchen, an integrated dishwasher, reverse cycle air conditioning and a fantastic sized balcony. The location of the building is in the centre of Mentone and is a few minutes away from the train station and the main shopping strip.
This is a UNIQUE and LIMITED opportunity. These apartments are only for ELIGIBLE TENANTS. The apartments are under NRAS and the eligibility criteria solely relates to the level of your gross income. Should you not be able to prove your gross income, you WILL NOT be eligible to rent one of these properties. In order to be eligible for an NRAS property, your household gross (before tax) income must come UNDER your applicable household type. The following is a list of household types and their maximum allowances in their gross income:
1 ADULT - $47,289.00

2 ADULTS - $65,378.00
3 ADULTS - $83,466.00
4 ADULTS - $101,155.00
SOLE PARENT WITH 1 CHILD - $65,423.00
SOLE PARENT WITH 2 CHILDREN - $81,108.00
SOLE PARENT WITH 3 CHILDREN - $96,793.00
COUPLE WITH 1 CHILD - $81,063.00
COUPLE WITH 2 CHILDREN - $96,748.00
COUPLE WITH 3 CHILDREN - $112,433.00
Apt. 307 is available from 18th February; lease term is minimum twelve months. To register your interest please forward your enquiry to Eamon on 0413 889 388, alternatively email eamon@locandro.com.au

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Property History for 307/15 Balcombe Rd, Mentone, VIC 3194

A timeline of how this property has performed in the market
Last Sold
$400,000
03 Jun 2025
  • 13 Jan 2016
    Listed for Rent - Price not available
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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 8,012 properties. Over the last 5 years, Houses in Mentone have seen a 32.78% increase in median value, while Units have seen a 15.91% increase. As at 31 December 2025:

  • The median value for Houses in Mentone is $1,570,916 while the median value for Units is $715,987.
  • Houses have a median rent of $685 while Units have a median rent of $550.
There are currently 24 properties listed for sale, and 4 properties listed for rent in Mentone on OnTheHouse. According to Cotality's data, 425 properties were sold in the past 12 months in Mentone.

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