Project Sub Urban
Family friendly and close to the city – investing in MentoneLocated forty minutes from the inner city along the Nepean Highway, Mentone is a suburb known for its beaches and connection to the Heidelberg School of Australian artists. The 1888 oil painting, A holiday at Mentone, by Charles Conder, is one of the most critically acclaimed Australian Impressionist paintings. In keeping with its beach setting, Mentone offers a relaxed lifestyle. Mentone is serviced by a variety of Public Transport Victoria buses, many of which pass by Mentone railway station. On the Frankston train line, a trip to the city will take around 40 minutes. Mentone is particularly attractive to families because of the number of well-established and reputable schools in the area. Whether Government, Catholic or Independent, there is a school to suit most families. At primary level there are St Patrick's Catholic Primary School, Mentone Primary School and Mentone Park Primary School; at secondary Kilbreda College, St Bede's College and Mentone Girls’ Secondary College. Mentone Grammar School and Mentone Girls' Grammar School offer an education from ELC through to VCE There is plenty of shopping to be found in Mentone itself, with a lively area along Como Parade West and Balcombe Road and the surrounding streets. Here there is a wide range of restaurants, cafes, bakeries, clothing stores, supermarkets and much more. For dedicated shopaholics, Mentone is only ten minutes away from Westfield Southland, one the biggest shopping centres in Australia. With the median price for a 1-bedroom unit under $360,000 and a 2-bedroom unit at $590,000*, Mentone represents a great place for investment. Ove a quarter of the population are aged between 20 and 39, a group consisting of those who are beginning to build a family and those with young families, meaning a high rental demand and diversity of tenant. With its beach lifestyle and access to the city and well-regarded schools, Mentone could be the place for your next investment. If you are interested in property investment opportunities in Mentone or other Melbourne suburbs contact Accrue Real Estate today to learn more. *realestate.com.au, data from April 30, 2018. Image from: Charles Conder [Public domain], via Wikimedia Commons
Contact Accrue Real Estate to learn more about Pascoe Vale and other Melbourne property investment opportunities.