1/33 Collins Street, Mentone VIC 3194
1/33 Collins Street, Mentone VIC 3194
4 bedrooms, 2 bathrooms, 2 car spaces. Single-level townhouse with formal lounge and family living-dining area. High corniced ceilings and soft neutral tones throughout. Located in a prime beachside zone within Kingston City Council.
A four-bedroom single-level townhouse is a rare configuration in this beachside suburb, where most stock tops out at three bedrooms. The classic design with high corniced ceilings and generous room sizes sets this property apart from newer, more compact developments. It is best suited for families seeking privacy and peace without stairs, or for empty-nesters wanting space in a low-maintenance format. The property sits at the upper end of the local market, driven by its larger internal footprint and the enduring appeal of a timeless, well-proportioned layout in a prime location.
The price point near two million dollars may narrow the buyer pool compared to smaller units in the same complex, though the extra bedroom and single-level living justify the premium. The classic style, while durable and attractive, may lack modern energy efficiency or smart-home features that some buyers now expect. Proximity to the beach could mean higher maintenance from salt air and humidity, and potential noise during peak seasons. These factors should be weighed when forming a view on value, but none represent a material risk to the property’s long-term desirability.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/33 Collins Street, Mentone VIC 3194
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
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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.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
2092m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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