13A Coolabah Street, Mentone VIC 3194
13A Coolabah Street, Mentone VIC 3194
4 bed townhouse | Mentone 3194 | modern dual living layout | Parkdale Secondary zone
The propertyโs configuration is its primary competitive edge โ a ground-floor main suite with walk-in robes and ensuite effectively creates a dual-living layout, rare in townhouses at this size. The open-plan living with engineered timber flooring, electronic blinds, and direct deck access offers a low-maintenance, premium finish that suits downsizers or professional couples with older children. Zoning for Parkdale Secondary College and Mentone Park Primary adds long-term demand depth, while the 387mยฒ lot with side access and water tank provides practical utility. This townhouse serves buyers seeking a turnkey family home that avoids the premium of a detached house while retaining private outdoor space.
The main risk is the lack of a price ceiling โ the $1.35mโ$1.45m range sits near the top of Mentoneโs townhouse market, meaning capital growth will depend on broader market movement rather than a discount entry. The absence of heritage or flood overlays is neutral but the NBN Hybrid Fibre Coaxial is a minor limitation for remote workers. The timber deck and gardens require ongoing maintenance, and the freestanding bath adds aesthetic value but not functional space. For a buyer, this property works best as a hold for at least 5โ7 years, using the dual-living layout to either accommodate extended family or generate partial rental income from the ground floor suite.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Mentone is a well-established bayside suburb positioned for lifestyle and family appeal, with strong transport links and quality schools. Demand is driven predominantly by owner-occupying professionals and families, attracted by its coastal proximity and established amenity. Recent market conditions show varied price momentum across property types, with a discernible sensitivity to interest rate changes affecting auction performance. Future growth is underpinned by its enduring desirability and rental demand, though key constraints include high entry prices impacting affordability and variable sales volumes reflecting broader market caution.