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

Mentone Real Estate Market Outlook

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.

Houses for sale Mentone

	unit 208, 116 balcombe rd, mentone, vic, 3194	2	2	1	$580,000 - $620,000
	2 withers way, mentone, vic, 3194	4	2	2	$1,075,000 - $1,125,000 Private Sale
	25a florence st, mentone, vic, 3194	3	3	2	$2,200,000
	unit 21, 23 olive gr, mentone, vic, 3194	3	2	2	$1,250,000-$1,275,000
	unit 17, 3-5 alvena st, mentone, vic, 3194	2	2	1	$450,000 - $495,000
	3 olive gr, mentone, vic, 3194	4	2	4	$1,880,000-$1,980,000
	14 chicquita cct, mentone, vic, 3194	3	3	2	840000
	unit 1, 5 lower dandenong rd, mentone, vic, 3194	3	2	2	890000
	25 bourke st, mentone, vic, 3194	3	2	7	1780000

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General Points of Interest

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