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Mentone suburb profile

Mentone is a bayside suburb in Melbourne's south-east that fronts Port Phillip Bay, known for its broad sandy beach and relaxed foreshore. Its streets combine early 20th century cottages and Californian bungalows with modest postwar houses and pockets of low-rise apartments clustered near the station and beachfront. The suburb attracts families, professionals and retirees who value coastal lifestyle and easy access to outdoor recreation. A village-style shopping strip along Balcombe Road provides cafes and independent shops, while Mentone station on the Frankston line and major north-south roads make getting around straightforward, with parks and sporting clubs close at hand.

Mentone property market performance

Current median dwelling price$1,079,500Past 3 months

Property growth+0.2%Past 12 months

House values in Mentone rose a modest 4.0% over the last 12 months to a median of $1.52 million, while unit values fell a modest 3.5% to a median of $636,500. On value change, houses outperformed units over the year.

Sales activity was similar across the two property types, with 34 houses and 38 units sold over the last 3 months. Units sold faster, with a median of 29 days on market compared with 43 days for houses.

The rental market in Mentone saw house rents rise a solid 9.3% to $820 a week and unit rents rise a solid 5.0% to $525 a week, so house rents grew more strongly than unit rents.

HousesUnits
Median price
Past 3 months
$1.52M$637K
Change in value
Past 12 months
4.0%-3.5%
Sold
Past 3 months
3438
Median days on market
Past 12 months
4329
Average rent
Past 12 months
$820$525
Change in rent
Past 12 months
9.3%5.0%

5 year median price trend for houses and units

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Mentone demographics

Mentone is home to 13,197 people, with a median age of 42 and a median total household income of $1,889 a week, roughly $98,228 a year.

Families dominate the mix: couple families with children are the largest group at 42.1%, and together with couple families without children (40.7%) they make up more than eight in ten families. One-parent families account for 15.9%, while other families represent 1.4%.

In Mentone, about two-thirds of homes are owner-occupied — 32.4% owned outright and 34.7% owned with a mortgage — and roughly one in three dwellings, 32.9%, are rented.

Suburbs near Mentone

Some popular suburbs near Mentone include:

How does Mentone compare to nearby suburbs?

  • Median house prices: Mentone’s median house price is 27.9% higher than Cheltenham’s.
  • Median unit prices: Mentone’s median unit price is 2.7% higher than Cheltenham’s.
  • House price growth: Over the past 12 months, house prices in Mentone have grown 7.0% higher than in Beaumaris.
  • Unit price growth: Over the past 12 months, unit prices in Mentone have grown 1.3% higher than in Parkdale.
  • Selling speed for houses: Properties in Mentone are selling 24.6% faster than in Parkdale.
  • Selling speed for units: Properties in Mentone are selling 32.6% faster than in Parkdale.
  • Investment considerations: In Mentone, the rental yield for house is 29.3% higher than the Melbourne average, while the rental yield for units is 11.0% lower.
  • House price growth: Over the past 12 months, house prices in Mentone have grown 26.8% higher than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Mentone have grown 4.9% higher than the average rate of growth for units across Melbourne.

Choose the right real estate agents in Mentone

In Mentone ,107 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 31.9% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.55% and 2.61%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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