Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $590,000 | 0.0% | $255,000 | $1,684,000 | 97 |
| 2010 | $690,000 | +14.5% | $285,000 | $1,867,500 | 119 |
| 2011 | $678,000 | -1.8% | $288,500 | $1,565,000 | 95 |
| 2012 | $670,000 | -1.2% | $310,000 | $1,600,000 | 82 |
| 2013 | $720,000 | +6.9% | $394,000 | $1,994,250 | 158 |
| 2014 | $840,000 | +14.3% | $311,000 | $2,280,000 | 129 |
| 2015 | $940,000 | +10.6% | $465,000 | $2,050,000 | 108 |
| 2016 | $1,025,000 | +8.3% | $643,800 | $3,033,000 | 90 |
| 2017 | $1,200,000 | +14.6% | $600,250 | $2,948,000 | 94 |
| 2018 | $1,100,000 | -9.1% | $413,000 | $2,545,000 | 73 |
| 2019 | $1,100,000 | 0.0% | $425,000 | $2,175,000 | 66 |
| 2020 | $1,052,000 | -4.6% | $722,000 | $2,850,000 | 59 |
| 2021 | $1,475,000 | +28.7% | $812,500 | $4,880,000 | 99 |
| 2022 | $1,545,000 | +4.5% | $900,000 | $3,000,000 | 105 |
| 2023 | $1,455,000 | -6.2% | $760,000 | $5,440,000 | 82 |
| 2024 | $1,350,000 | -7.8% | $860,000 | $3,300,000 | 102 |
Median Sale Price
$1.36M
Based on 104 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-7.0%
Current Median Price: $1,360,000
Previous Median Price: $1,455,000
Based on 185 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $470 | 0.0% | $260 | $1,390 | 78 |
| 2012 | $490 | +4.1% | $215 | $1,200 | 117 |
| 2013 | $495 | +1.0% | $230 | $2,200 | 105 |
| 2014 | $495 | 0.0% | $230 | $990 | 92 |
| 2015 | $495 | 0.0% | $275 | $3,000 | 127 |
| 2016 | $535 | +7.5% | $320 | $1,450 | 114 |
| 2017 | $540 | +0.9% | $270 | $1,380 | 114 |
| 2018 | $580 | +6.9% | $210 | $1,250 | 132 |
| 2019 | $575 | -0.9% | $210 | $1,650 | 126 |
| 2020 | $570 | -0.9% | $300 | $1,350 | 101 |
| 2021 | $620 | +8.1% | $290 | $1,500 | 119 |
| 2022 | $660 | +6.1% | $300 | $2,000 | 118 |
| 2023 | $750 | +12.0% | $425 | $1,900 | 102 |
| 2024 | $710 | -5.6% | $340 | $1,500 | 88 |
Median Rent Price
$725
per week
Based on 91 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
-1.4%
Current Median Rent: $725
Previous Median Rent: $735
Based on 192 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $1,360,000
Current Median rent: $725
Based on 195 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Mentone
Houses sold in Last 12 months ends 21 Dec 2024
$1.27M
Median Sale Price
61%
Clearance Rate
45/74
Sold/Reported
$3.3M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 1 | |
| $2 M - $3 M | 3 | |
| $1.8 M - $2 M | 2 | |
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M (Median Price Range) | 7 | |
| $1 M - $1.2 M | 6 | |
| $800 K - $1 M | 3 | |
Similar Suburbs to Mentone 3194
Based on median house sale price sold in last 12 months
Schools closest to Mentone, VIC 3194
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Kilbreda College | CNR MENTONE & COMO PDESMentone 3194 | Secondary | Catholic | 0.14 km |
| Mentone Primary School | 6 CHILDERS STREETMentone 3194 | Primary | Government | 0.26 km |
| St Patrick's Primary School | 16 CHILDERS STMentone 3194 | Primary | Catholic | 0.45 km |
| Mentone Grammar SchoolTop 50 | 63 VENICE STMentone 3194 | Combined | Independent | 0.62 km |
| Mentone Girls' Grammar SchoolTop 20 | 11 MENTONE PDEMentone 3194 | Combined | Independent | 0.75 km |
| St Bede's College | 2 MENTONE PDEMentone 3194 | Secondary | Catholic | 0.91 km |
| Mentone Girls Secondary CollegeTop 100 | CNR BALCOMBE & CHARMAN RDSMentone 3194 | Secondary | Government | 0.93 km |
| Mentone Park Primary School | BROOME AVENUEMentone 3194 | Primary | Government | 1.53 km |
| Cheltenham East Primary School | SILVER STREETCheltenham 3192 | Primary | Government | 1.99 km |
| Our Lady of the Assumption School | 9 CENTRE DANDENONG RDCheltenham 3192 | Primary | Catholic | 2.01 km |