3/47 Venice Street, Mentone VIC 3194

3/47 Venice Street, Mentone VIC 3194
4 bed townhouse | soaring proportions | premium Mentone pocket | family or downsizer appeal | mid-$1.5m value signals This townhouse is competitively positioned as a larger-format, premium offering within Mentone, where attached housing is typically more compact. The four-bedroom, three-bathroom, two-car configuration is rare for the suburb and suggests a dwelling with genuine house-like proportions. The listing language of soaring proportions and abundant natural light points to generous ceiling heights and thoughtful zoning, which would appeal strongly to downsizers seeking space without land maintenance, or families wanting multiple bedrooms in a low-maintenance format. The pricing signals around the mid-$1.5 million range place it above entry-level unit stock and align with higher-end townhouse product in the area, indicating strong owner-occupier demand rather than purely investor interest. Several factors may materially affect the property’s value or sale price. The internal finishes, aspect, building age, and exact outdoor area size are not confirmed from available data, so a physical inspection is needed to verify whether the quality matches the price point. The 2013 sale at $1.5 million provides a historical benchmark, but without recent comparable sales in the immediate vicinity, the current asking range relies on broader market conditions and the specific desirability of this townhouse’s configuration. Buyers should weigh whether the soaring proportions and family-friendly layout justify a premium over more typical Mentone attached housing, and consider how the property’s position within a multi-dwelling building might affect privacy, outlook, or future development context.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/47 Venice Street, Mentone VIC 3194
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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

3

Parking

2

Land

983mยฒ

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