5/7 Palermo StreetMentone VIC 3194
Property Details for 5/7 Palermo St, Mentone
5/7 Palermo St, Mentone is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 136m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Last Listing description (July 2021)
Located meters to Mentone beach, Mentone Girls Grammar, St Bedes College and minute's walk to public transport. This two bedroom unit is ready for someone to call home.
Featuring:
- Tiled kitchen and meals area
- Kitchen with electric cooking
- Bathroom with bath
- Laundry facilities
- Generous living room
- Your own courtyard
- Split System Air- Conditioning
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Availability
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Property History for 5/7 Palermo St, Mentone, VIC 3194
- 07 May 2024Sold for $540,000
- 24 May 2021Listed for Rent $285 / week
- 09 Oct 2020Listed for Rent $280 / week
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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 8,018 properties. Over the last 5 years, Houses in Mentone have seen a 26.46% increase in median value, while Units have seen a 13.38% increase. As at 31 January 2026:
- The median value for Houses in Mentone is $1,520,804 while the median value for Units is $700,630.
- Houses have a median rent of $695 while Units have a median rent of $550.
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