Market snapshot
Suburb insights for Mentone3194
Change suburbMentone 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.
Sales data
Median sale price
$1.5mil
Quarterly price change
3.6%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Mentone | Metro comparison |
|---|---|---|
| 2 | - | $881,200 |
| 3 | $1,295,000 | $810,000 |
| 4 | $1,447,500 | $942,350 |
| Insight | Mentone | Metro comparison |
|---|---|---|
| Clearance rate | 73.2% | 78.5% |
| Days on market | 40 | 42 |
Rental data
Median weekly rent
$750
Rental yield
2.8%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Mentone | Metro comparison |
|---|---|---|
| 2 | - | $580 |
| 3 | $750 | $550 |
| 4 | $850 | $600 |
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