Suburb Location
Market Indexes of Mentone
- $1,470,000 Median Asking Price
- $650 Median Rent
- 0.02% Rent Yield
- 125 Stock On Sale
- 1.41% Vacancy Rate
- 93 Average Supply
- 6417 Average Demand
- 69.13 Supply Demand Ratio
Demographics of Mentone
Dwelling Structure
| Separate house | 2383 |
|---|---|
| Semi-detached | 808 |
| Unit/apartment | 1570 |
| Other | 14 |
Occupied/unoccupied
| Occupied | 4775 |
|---|---|
| Unoccupied | 474 |
Persons
| Males | 5551 |
|---|---|
| Females | 6116 |
Tenure and Landlord Type
| Owned outright | 1705 |
|---|---|
| Owned with a mortgage | 1481 |
| Rented | 1384 |
| Public housing | 49 |
| Other | 156 |
Medians and Averages
| Median total household income | 1288 $/week |
|---|---|
| Median mortgage repayment | 2000 $/month |
| Median rent | 290 $/week |
| Average household size | 2.3 |
| Persons | 11667 |
| Total private dwellings | 5249 |
Supply Demand History in Mentone
| Month | Supply | Demand |
|---|---|---|
| 2015 Apr | 94 | 8937 |
| 2015 May | 91 | 9012 |
| 2015 Jun | 74 | 6895 |
| 2015 Jul | 76 | 6937 |
| 2015 Aug | 75 | 7270 |
| 2015 Sep | 73 | 7238 |
| 2015 Oct | 81 | 8145 |
| 2015 Nov | 99 | 7446 |
| 2015 Dec | 91 | 5162 |
| 2016 Jan | 89 | 7101 |
| 2016 Feb | 101 | 8822 |
| 2016 Mar | 94 | 6334 |
| 2016 Apr | 91 | 6585 |
More Properties Sold in Mentone
| Address | Sold Date | Price | |
|---|---|---|---|
| 52 Marina Road, Mentone VIC | 3 2 2 | 20 Apr 2024 | $1,935,000 |
| 11-13 Balcombe Road, Mentone VIC | 3 1 10 | 19 Apr 2024 | $1,451,000 |
| 103/7 Balcombe Road, Mentone VIC | 2 2 1 | 18 Apr 2024 | $490,000 |
| 1/84 Mentone Parade, Mentone VIC | 2 1 2 | 16 Apr 2024 | $900,000 |
| 8/46 Plummer Road, Mentone VIC | 2 1 1 | 16 Apr 2024 | $470,000 |
More Properties Rent in Mentone
| Address | Rent Date | Price | |
|---|---|---|---|
| 205/7 Balcombe Rd, Mentone VIC | 2 2 1 | 25 Mar 2024 | $550 |
| 2/55 Naples Street, Mentone VIC | 3 2 2 | 23 Mar 2024 | $700 |
| 5/2-4 Salmon Street, Mentone VIC | 1 1 1 | 22 Mar 2024 | $370 |
| 13/7 Davies Street, Mentone VIC | 2 1 1 | 22 Mar 2024 | $485 |
| 1/23-25 Balcombe Road, Mentone VIC | 2 1 1 | 22 Mar 2024 | $380 |
Rent Yield in Mentone
| Beds | Average Price | Average Rent | Average Rent Yield% | Median Price | Median Rent | Median Rent Yield% | Listings |
|---|---|---|---|---|---|---|---|
| ALL | |||||||
| 1 | $364,722 | $406 | 5.79% | $340,000 | $380 | 5.81% | 51 |
| 2 | $666,463 | $513 | 4.00% | $595,000 | $510 | 4.46% | 88 |
| 3 | $1,359,615 | $728 | 2.78% | $1,200,000 | $700 | 3.03% | 78 |
| 4 | $1,646,667 | $909 | 2.87% | $1,630,000 | $825 | 2.63% | 32 |
| 5 | $2,460,000 | $1,200 | 2.54% | $2,460,000 | $1,075 | 2.27% | 6 |
| 6 | $3,072,500 | - | - | $3,072,500 | - | - | 2 |
| House | |||||||
| 2 | $770,000 | $505 | 3.41% | $770,000 | $505 | 3.41% | 3 |
| 3 | $1,770,000 | $746 | 2.19% | $1,735,000 | $725 | 2.17% | 14 |
| 4 | $1,848,000 | $733 | 2.06% | $1,750,000 | $750 | 2.23% | 11 |
| 5 | $1,820,000 | $1,450 | 4.14% | $1,820,000 | $1,450 | 4.14% | 3 |
| 6 | $4,195,000 | - | - | $4,195,000 | - | - | 1 |
| Townhouse | |||||||
| 2 | $700,000 | $650 | 4.83% | $700,000 | $650 | 4.83% | 2 |
| 3 | $1,367,500 | $764 | 2.91% | $1,367,500 | $760 | 2.89% | 7 |
| 4 | $1,103,333 | $760 | 3.58% | $1,550,000 | $760 | 2.55% | 4 |
| Unit/apmt | |||||||
| 1 | $335,000 | $480 | 7.45% | $335,000 | $380 | 5.90% | 13 |
| 2 | $575,000 | $502 | 4.54% | $575,000 | $500 | 4.52% | 21 |
| 3 | $650,000 | $561 | 4.49% | $650,000 | $590 | 4.72% | 5 |
| Other | |||||||
| 1 | $270,000 | - | - | $270,000 | - | - | 1 |
| 2 | $544,500 | $599 | 5.72% | $544,500 | $599 | 5.72% | 3 |
| 3 | $1,050,000 | - | - | $1,050,000 | - | - | 1 |
| 5 | $3,100,000 | - | - | $3,100,000 | - | - | 1 |
| Unknown | |||||||
| 1 | $375,000 | $369 | 5.12% | $360,000 | $375 | 5.42% | 37 |
| 2 | $695,379 | $511 | 3.82% | $599,000 | $510 | 4.43% | 59 |
| 3 | $1,268,438 | $738 | 3.03% | $1,200,000 | $700 | 3.03% | 51 |
| 4 | $1,735,714 | $1,030 | 3.09% | $1,900,000 | $860 | 2.35% | 17 |
| 5 | - | $950 | - | - | $950 | - | 2 |
| 6 | $1,950,000 | - | - | $1,950,000 | - | - | 1 |
Schools in Mentone
| School Name | School Sector | School Type |
|---|---|---|
| Kilbreda College | Non-government | Secondary |
| Mentone Girls' Grammar School | Non-government | Combined |
| Mentone Girls' Secondary College | Non-government | Secondary |
| Mentone Grammar School | Non-government | Combined |
| Mentone Park Primary School | Non-government | Primary |
| Mentone Primary School | Non-government | Primary |
| St Bede's College | Non-government | Secondary |
| St Patrick's Primary School | Non-government | Primary |
Based on Australian Bureau of Statistics data
