At number 3045th in the list of Australian suburbs ordered by increase in median house value over the last year, Mentone, 3194 is in the BOTTOM 30% with a property value increase of -0.53% recorded in median house prices.
Across a shorter period, Mentone, 3194 has seen a median price increase of 2.05% over the last quarter.
Mentone3194 is located in VIC which offers an average discount of -5.87% to property investors. Mentone itself is showing figures that indicate -4.73% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Mentone the average time real estate has been on the market is 43.19 days.
Over the last year, property investments in Mentone, 3194 have given investors a capital gain of 13.54%. This compares very favourably with the 4.26% for VIC as a whole.
If we look at median property appreciation over just the last three months, Mentone has given property investors a paper return of -0.91%. This puts Suburb as 267 on a list of fastest fasting appreciating suburbs in VIC
Vendor discounting in Mentone is giving property investors an average Vendor Discount of around -5.65%. This puts suburb at number 112th in VIC when ranking the most discounted suburbs.
Residents and property investors in Mentone have been waiting around 72.46 days to sell a property.
Mentone is 297th on a list of best yielding suburbs for rents in VIC with a 3.43% return