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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 $1,265,000 and this has changed 1.20% over the past year and changed -7.33% over 2 years.

The median rent in Mentone for houses is $700 per week and the median rental yield is 2.87%. Stock on the market for houses/townhouses has changed -9.09% compared to last year and the average time to sell a house/townhouse is 59 days.The median listing price for units is $530,000 and this has changed 6.10% over the past year. The average unit takes 86 days to sell and the median rent for a unit in Mentone is $485 per week, producing a rental yield of 4.75%.

Supply & Demand in Mentone, Kingston

0.92%

Current vacancy rate


62

Rental stock available


12,958

Population


30.20%

Rental population


0.70%

Current vacancy rate


497

Rental stock available


151,389

Population


22.80%

Rental population


0.94%

Current vacancy rate


29,256

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 $1,265,000 $1,000,000 $530,000
Median price change - last quarter 1.20% 0.00% 0.95%
Median price change - 1 year 1.20% 3.62% 6.10%
Median price change - 2 years -7.33% -9.10% 0.95%
  House Townhouses Units
Median weekly rent $700 $750 $485
Median yield % 2.87% 3.90% 4.75%
Median rent change - 1 year 0.00% 7.14% 14.11%
  House Units
Previous month sales 6 15
Stock on market previous month 40 51
Stock variance vs. last year -9.09% 6.25%
Average days on market 59 86

Mentone investment property listings

Showing 4 of 4 investment properties found in Mentone on realestateinvestar.com.au

143 Balcombe Rd, MENTONE

$1,450,000

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House

VIC 3194


8 Elizabeth St, MENTONE

$1,260,000

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Townhouse

VIC 3194


7/60 Beach Rd, Mentone

$580,000

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Beachfront Aspirations.

Expressions of Interest closing Thursday 22nd May at 4.00pm. Boasting an address that needs no introduction, this two bedroom domain is defined by its uninterrupted ocean views, with coastal sunsets and a serene landscape providing the perfect backdrop to any occasion. A commitment to comfort and ...

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Unit

VIC 3194


3/92 Latrobe St, MENTONE

$840,000

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Townhouse

VIC 3194


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