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Investment Property Mentone, VIC, 3194

Suburb Snapshot

Mentone is a suburb in the Kingston Region of Victoria. Mentone has a population of 12,958 people and 30.20% of its occupants live in rental accommodation. The median listing price for houses is $1,400,000 and this has changed 3.70% over the past year and changed 12.00% over 2 years.

The median rent in Mentone for houses is $800 per week and the median rental yield is 2.97%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 50 days.The median listing price for units is $580,000 and this has changed 5.45% over the past year. The average unit takes 29 days to sell and the median rent for a unit in Mentone is $550 per week, producing a rental yield of 4.93%.

Supply & Demand in Mentone, Kingston

NA

Current vacancy rate


0

Rental stock available


12,958

Population


30.20%

Rental population


NA

Current vacancy rate


0

Rental stock available


151,389

Population


22.80%

Rental population


NA

Current vacancy rate


0

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Mentone, Kingston

  House Townhouses Units
Median listing price $1,400,000 $1,050,000 $580,000
Median price change - last quarter 3.70% 1.17% -3.51%
Median price change - 1 year 3.70% 0.00% 5.45%
Median price change - 2 years 12.00% 7.14% 16.00%
  House Townhouses Units
Median weekly rent $800 $850 $550
Median yield % 2.97% 4.20% 4.93%
Median rent change - 1 year 3.89% 6.91% 8.91%
  House Units
Previous month sales NA NA
Stock on market previous month NA NA
Stock variance vs. last year NA NA
Average days on market 50 29

Mentone investment property listings

Showing 5 of 170 investment properties found in Mentone on realestateinvestar.com.au

8-10 Sea Pde, Mentone

$4,200,000

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Create the Dream with Bay views or Luxury Subdivision on 1,366sq

A rare beachside offering, this outstanding holding comprises two single level homes on a substantial combined land size of approximately 1,366sqm, with a wide 37.5m frontage. Positioned just steps from the water, it delivers an exceptional coastal lifestyle with exciting future potential, ...

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House

VIC 3194


11/15 Florence St, Mentone

$400,000

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Private Oasis in Central Mentone

Perfectly positioned just moments from Mentone railway station, vibrant cafés, boutique shopping, and the stunning coastline, this beautifully refreshed one-bedroom residence delivers the ideal blend of lifestyle, privacy, and convenience. Tucked away at the rear of the complex and surrounded by ...

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VIC 3194


1/20-22 Florence St, Mentone

$700,000

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North Sun, Fresh Style & a Big Front Garden

Step off the train, stroll home from the beach, soak up the sun in the garden, and take your beachside, village-edge lifestyle to the next level. The flagship front home of this tightly-held terrace-style group, this two bedroom, 1.5 bathroom, two-storey home maximises its streetfront position ...

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Unit

VIC 3194


45 Mundy St, Mentone

$2,350,000

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Long Island Inspiration in a Prized Bay-Edge Location

Take your single-level lifestyle to the next level with substantial accommodation, a sun-bathed orientation and refined Long Island inspiration. Beautifully sited to maximise sun and street-presence with an impressive frontage to Rivoli St, this Hamptons-style four bedroom, 2 bathroom, multi-zone ...

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VIC 3194


6/76 Collins St, Mentone

$750,000

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Modern Style & Low Maintenance Living

If it is peace and privacy you are hunting without a compromise on convenience, then this quality townhouse has the ingredients to grab your attention! Right on the edge of Mentone's thriving town centre, the light-filled home boasts the coveted rear position in a contemporary group, delivering ...

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Townhouse

VIC 3194


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