Investment property in Mentone has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.69%
The five-year average increase in median property values for Mentone,3194 has given property investors a potential capital gain of 31.20% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Mentone is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 366th in terms of most discounted suburbs in VIC
Mentone, 3194’s gross rental yield is 3.01%
Mentone, 3194 ranked 25th in VIC when comparing growth in median property values or capital gain over the last 12 months. Mentone is one of 2098 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Mentone comes in at number 158th in VIC.
Mentone3194 is located in VIC which offers an average discount of -5.14% to property investors. Mentone itself is showing figures that indicate -4.99% is the average achievable by property buyers investing in the suburb.
At number 741 in a list of fastest selling suburbs, Mentone is just in the bottom half of suburbs in Australia with an average of days on market 78.12 for properties listed there.
Situated 19.41km from the CBD, Mentone is one of Kingston localities in the postcode 3194.