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 3.2% and has experienced a 12-month capital growth of Up 3.2%, 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
$1,000,500
$1,190,000
$1,545,000
$1,370,000
Suburb Market Profile
Last month Mentone had 45 properties available for rent and 51 properties for sale. Median property prices over the last year range from $1,370,000 for houses to $643,000 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 3.2% and units rent for $550 PW with a rental yield of 4.7%. Mentone has seen an annual compound growth rate of 3.2% for houses and -2.6% for units.