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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 $1,297,500 and this has changed 3.80% over the past year and changed -5.98% over 2 years.

The median rent in Mentone for houses is $700 per week and the median rental yield is 2.80%. Stock on the market for houses/townhouses has changed 4.55% compared to last year and the average time to sell a house/townhouse is 57 days.The median listing price for units is $549,000 and this has changed 9.80% over the past year. The average unit takes 80 days to sell and the median rent for a unit in Mentone is $485 per week, producing a rental yield of 4.59%.

Supply & Demand in Mentone, Kingston

0.85%

Current vacancy rate


57

Rental stock available


12,958

Population


30.20%

Rental population


0.73%

Current vacancy rate


518

Rental stock available


151,389

Population


22.80%

Rental population


0.93%

Current vacancy rate


28,886

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 $1,297,500 $1,000,000 $549,000
Median price change - last quarter 1.20% 0.00% 0.95%
Median price change - 1 year 3.80% 2.04% 9.80%
Median price change - 2 years -5.98% 0.00% 1.66%
  House Townhouses Units
Median weekly rent $700 $750 $485
Median yield % 2.80% 3.90% 4.59%
Median rent change - 1 year 0.71% 7.14% 12.79%
  House Units
Previous month sales 7 12
Stock on market previous month 46 54
Stock variance vs. last year 4.55% 8.00%
Average days on market 57 80

Mentone investment property listings

Showing 5 of 151 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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Unit

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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