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.

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Recent Sales & Auction Results in Mentone

Address Price Type Method Sale Date Agent
Property List
301/15 Balcombe Rd, Mentone 2 Apartment Passed in Vendor Bid 31/07/2021 Ray White Mordialloc
28 Streeton Dr, Mentone 3 Townhouse (Res) Sold Before Auction 30/06/2021 Buxton
5/60 Beach Rd, Mentone 2 Unit Private Sale 19/07/2021 Buxton

Median data for June Quarter 2021. Click here for details.

Median Sale Price

$1.55mil

Metro Melbourne

$1.01mil

Quarterly Price Change

12.8%

Metro Melbourne

0.2%

Median Rent

$595

Metro Melbourne

$480

Rental Yield

2.4%

Metro Melbourne

2.6%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 84.2% 85.2%
Days on Market 29 34
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $980,000
3 Bedrooms $1,113,000 $846,000
4 Bedrooms $1,377,000 $1,040,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $455 $500
3 Bedrooms $595 $450
4 Bedrooms $750 $500

Median data for June Quarter 2021. Click here for details.

Median Sale Price

$855k

Metro Melbourne

$680k

Quarterly Price Change

30.7%

Metro Melbourne

2.1%

Median Rent

$380

Metro Melbourne

$400

Rental Yield

2.6%

Metro Melbourne

3.2%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 84.2% 85.2%
Days on Market 29 34
Median price by Bedrooms Suburb Metro
1 Bedroom $370,000 $398,000
2 Bedrooms $682,500 $610,000
3 Bedrooms $1,050,000 $830,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $300 $330
2 Bedrooms $400 $415
3 Bedrooms $650 $520

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