Mentone is bayside Melbourne's great discovery — a suburb with a 2km beach foreshore, an excellent train station, and Como Parade's improving café and restaurant scene that is steadily generating price growth as inner-bayside buyers discover its combination of beach access and urban lifestyle at prices significantly below Hampton and Sandringham. Mentone's improving restaurant scene, consistent demand from beach-lifestyle buyers priced out of Brighton, and strong school catchment premiums make it one of southeastern Melbourne's strongest investment locations. At the current $1.2m median house price, an 80% loan at 6.25% over 30 years is about $5,911 per month.
| Median house price | $1,200,000 |
|---|---|
| Median unit price | $690,000 |
| Estimated monthly repayment | $5,911 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6% |
| Gross rental yield | 3.5% |
| Typical days on market | 15 |
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