MENTONE 3194
State: VICPosiProp AI Investment Summary
MENTONE (VIC 3194) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 3.4%, with a median house buy price of $1,365,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,205,000
$1,185,000
$1,497,000
$1,365,000
Suburb Market Profile
Last month Mentone had 52 properties available for rent and 73 properties for sale. Median property prices over the last year range from $1,365,000 for houses to $640,000 for units. If you are looking for an investment property, consider houses in Mentone rent out for $785 PW with an annual rental yield of 3.3% and units rent for $550 PW with a rental yield of 4.3%. Mentone has seen an annual compound growth rate of 3.4% for houses and 0.0% for units.