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 3.4% and has experienced a 12-month capital growth of Up 4.6%, with a median house buy price of $1,370,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,102,750
$1,210,000
$1,525,000
$1,370,000
Suburb Market Profile
Last month Mentone had 40 properties available for rent and 65 properties for sale. Median property prices over the last year range from $1,370,000 for houses to $632,500 for units. If you are looking for an investment property, consider houses in Mentone rent out for $800 PW with an annual rental yield of 3.4% and units rent for $565 PW with a rental yield of 4.6%. Mentone has seen an annual compound growth rate of 4.6% for houses and -7.7% for units.
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