Properties for sale in Mentone

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 2, 118 PATTY ST, MENTONE, VIC, 3194	1	1	1	Under Contract
	UNIT 6, 3 MENTONE PDE, MENTONE, VIC, 3194	4	3	2	$1,550,000 - $1,675,000
	80 BEACH RD, MENTONE, VIC, 3194	5	2	2	$3,100,000 - Private Sale
	29 TEAGUE AV, MENTONE, VIC, 3194	3	1	2	$1,750,000 - $1,850,000
	9 THURLING ST, MENTONE, VIC, 3194	3	2	2	$1,500,000 - $1,650,000
	7 OVENS CT, MENTONE, VIC, 3194	5	2	2	Auction this Sat @ 12:30PM $1,350,000-$1,450,000
	43 WARRIGAL RD, MENTONE, VIC, 3194	3	2	2	$1,740,000
	UNIT 14, 3-5 ALVENA ST, MENTONE, VIC, 3194	2	2	1	$600,000 - $620,000
	11 CHILDERS ST, MENTONE, VIC, 3194	5	1	2	$1,690,000
	UNIT 11, 89 COLLINS ST, MENTONE, VIC, 3194	1	1	1	$309,000
	UNIT 3, 13 LOWER DANDENONG RD, MENTONE, VIC, 3194	1	1	1	$340,000 -Private Sale
	41 PLUMMER RD, MENTONE, VIC, 3194	4	2	2	$2,400,000
	UNIT 3, 134 COLLINS ST, MENTONE, VIC, 3194	3	2	2	$1,290,000 - $1,350,000
	13 LOWER DANDENONG RD, MENTONE, VIC, 3194	1	1	1	A choice of 4 units! - $310,000 - $340,000
	12B COOLABAH ST, MENTONE, VIC, 3194	4	2	3	1400000
	1 SYCAMORE AV, MENTONE, VIC, 3194	4	2	2	1600000
	65 BLACKWOOD AV, MENTONE, VIC, 3194	4	2	2	1200000
	1 STREETON DR, MENTONE, VIC, 3194	4	2	2	1060000
	UNIT 8, 16 STATION ST, MENTONE, VIC, 3194	1	1	1	295000
	147 BALCOMBE RD, MENTONE, VIC, 3194	3	1	2	1250000
	UNIT 1, 40-42 CHARMAN RD, MENTONE, VIC, 3194	2	1	2	680000

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