Unit 21, 23 OLIVE GROVE Mentone VIC 3194
This property is Off Market
- The Average property price in this area is $1,374,856, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 1.51 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Mentone
With an average age of 36, households expect an average monthly mortgage payment of $1,878 or a weekly rent payment of $351. The average family earns a weekly income of $2,312 with a typical household size of 2.2 and a 100.78% employment rate.
Consistent high demand relative to supply is a key feature in Mentone driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mentone ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mentone classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mentone requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Southland
Edithvale
Moorabbin
Mordialloc
Patterson
Aspendale
Parkdale
Cheltenham
Highett
Sandringham
General Points of Interest
St Patrick's Tennis Club Mentone
Lest We Forget
Hampton Tennis Club
Sandringham Golf Course
Cheltenham Bowls Club
William C.F. Almeida
Sandringham Cenotaph
Golden Plaza
Hawkes Sports Centre
McKinnon Obelisk
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1191 asthma sufferers and 568 people living with diabetes. In addition, 678 people have a heart/vascular condition and 1056 people live with three or more chronic diseases.A good place to invest in property?
Mentone a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
66 / 100
52 / 100
Industry
25 / 100
17 / 100
Population
43 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
45 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsMentone Park Primary School Parkdale Secondary College Mentone Girls Secondary College
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St John Vianney's School
Parkdale, VIC, 3195 Independent Prep-6 -
Kilbreda College
Mentone, VIC, 3194 Independent 7-12 -
St Patrick's School
Mentone, VIC, 3194 Independent Prep-6 -
Mentone Primary School
Mentone, VIC, 3194 State Prep-6 -
Parktone Primary School
Parkdale, VIC, 3195 State Prep-6 -
Mentone Grammar School
Mentone, VIC, 3194 Independent Prep-12
Property Story
Unit 21, 23 Olive Grove, Mentone, Vic, 3194 is a residential property . The estimated distance to the sea is only 1.51km and 0.57KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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