Profile for Mentone

3194

Mentone is located 21 km south-east of the CBD. Located in Melbourne's south Mentone is a mixed use bayside suburb. The suburb features significant commercial areas centred around the Mentone railway station while some industrial areas occupy the north. Like a number of suburbs in this part of Melbourne the population has decreased and aged significantly over the 1981-1996 period. The suburb is also comprised of mainly one and two person households. The City of Kingston council offices are based at Mentone.

Recent Sales & Auction Results in Mentone

Address Price Type Method Sale Date Agent
Property List
218 Balcombe Rd, Mentone 3 House (Res) Private Sale 24/06/2020 Hodges
14/23-25 Olive Gr, Mentone 2 Apartment Private Sale 16/06/2020 Hodges
6/50 Milan St, Mentone 2 Unit Private Sale 15/06/2020 Hodges

Median data for March 2020 Quarter. Click here for details.

Median Sale Price

$987k

Metro Melbourne

$893k

Quarterly Price Change

-19.8%

Metro Melbourne

3.7%

Median Rent

$560

Metro Melbourne

$460

Rental Yield

2.6%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 92.9% 73.1%
Days on Market 30 32
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $880,000
3 Bedrooms $1,031,000 $750,000
4 Bedrooms $1,182,500 $885,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $445 $500
3 Bedrooms $560 $440
4 Bedrooms $708 $490

Median data for March 2020 Quarter. Click here for details.

Median Sale Price

$692k

Metro Melbourne

$641k

Annual Price Change

n/a

Metro Melbourne

4.6%

Median Rent

$395

Metro Melbourne

$430

Rental Yield

3%

Metro Melbourne

3.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 92.9% 73.1%
Days on Market 30 32
Median price by Bedrooms Suburb Metro
1 Bedroom $341,125 $375,575
2 Bedrooms $630,000 $585,000
3 Bedrooms $879,250 $775,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $315 $375
2 Bedrooms $400 $450
3 Bedrooms $600 $530

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