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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 2 of 2 investment properties found in Mentone on realestateinvestar.com.au

11/16 Station St, MENTONE

$260,000

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Unit

VIC 3194


6/2-4 Salmon St, MENTONE

$360,000

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VIC 3194


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