All About Mentone, Kingston (Vic.), VIC, 3194

Mentone, a charming suburb in the City of Kingston, Victoria, boasts a dynamic housing market that reflects its appealing coastal location and strong community vibe. Known for its picturesque beaches, Mentone offers a diverse housing stock including period homes, modern townhouses, and luxury apartments that cater to a range of buyers. The proximity to the beach naturally influences property values, often maintaining a steady demand even when market fluctuations occur. Recent years have seen a rise in real estate prices, driven by increased interest from families and professionals seeking the balanced lifestyle the suburb affords. The suburb's investment potential has been buoyed by continuous development in infrastructure and amenities, including schools and shopping precincts, making it a desirable location for both homeowners and investors.

Living in Mentone provides residents with a blend of tranquil suburban living and vibrant local culture. The community is friendly and welcoming, often seen as tight-knit with various community events and activities throughout the year. Access to high-quality educational institutions like Mentone Grammar and Mentone Girls’ Secondary College adds to the area's appeal for families. Additionally, the suburb offers excellent connectivity, with convenient train services and road links to Melbourne’s CBD. Coastal living is a key highlight, with plenty of opportunities for outdoor activities, from beach walks to cycling. Cafes, retail shops, and restaurants create a lively atmosphere, ensuring that residents can enjoy the best of both relaxed coastal and urban lifestyles. Overall, Mentone provides an idyllic setting with both leisure and convenience, making it a sought-after location for those looking to enjoy the best of Melbourne's suburban offerings.

Mentone Real Estate Market Outlook

Thinking about buying in Mentone? Now could not be a better time, with 9097 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,375,000 with prices in this suburb ranging from $31,000 to $9,499,000. Mentone is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Consistent high demand relative to supply is a key feature in Mentone driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mentone ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mentone classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mentone requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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