53 Plummer Road, Mentone VIC 3194
53 Plummer Road, Mentone VIC 3194
4 bedrooms, 2 bathrooms, 697sqm, single-storey Californian Bungalow, fully renovated, 200m from beach and shops, pool and studio included.
This property is competitively strong because it offers a fully renovated period home with a pool and a separate studio, a combination rarely found this close to the beach and the Mentone shopping village. The house sits on a standard 697sqm block, but the renovation has maximised its use with three living zones and high-end finishes like 3m ceilings and preserved period details. It serves best a family seeking a turnkey character home with space for children and a resort-style outdoor area, without the need for further work. Its position within the suburb is unusual—most renovated Californian Bungalows of this scale are further inland or lack the pool and studio, giving this property a distinct lifestyle edge.
Several factors might materially affect the value of this property. The low rental yield, around 2 percent, reflects its high capital value and may limit its appeal to investors, but this is typical for premium beachside homes. The building area discrepancy, with one source listing 212sqm and another 332sqm, could indicate the studio and carport are included in the larger figure; a buyer should clarify this to understand usable space. The 697sqm lot is standard for the area, so no land premium exists, but the pool and studio add functional value that may justify the price. The lack of heritage overlay is a neutral factor—it protects no character but also imposes no constraints on future changes.
Detailed Independent Property Report prepared by PropCred Analyst team for 53 Plummer Road, Mentone VIC 3194
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
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
697m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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