
Melbourne · Bayside
Mentone is a well-established bayside suburb offering a balanced lifestyle of coastal charm and suburban convenience. Known for its family-friendly streets, beautiful beaches, and strong community spirit, it provides a relaxed, seaside atmosphere while maintaining excellent connectivity to Melbourne's CBD. The area is defined by its blend of heritage homes and modern developments, leafy streets, and a vibrant local shopping village.
Market snapshot
Price register · April 2026
Median house
$1.15M - $1.55M
Mid-band $1.35Mspread 30%
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Create Your Free ProfileLast reviewed 13 May 2026
Median unit
$550,000 - $725,000
Mid-band $638Kspread 27%
Days on market
~16-38 days
Median listing-to-sold window. Shorter = tighter buyer field.
Auction clearance
57% to 67%
Share of auctions sold. Brisbane skews private-treaty.
Rental yield
2.8% to 3.8%
Gross yield on house stock. Premium suburbs compress.
5-year house-price growth
+11% to +31%
cumulative since 2021Who buys here
Families upsizing · Young professionals · Downsizers
5-year trend
Modelled trajectory anchored on aggregated 5-year median figures. Indicative; not month-by-month observed data.
Market analysis
The Mentone property market is characterized by resilience and steady, long-term growth, making it a dependable choice for both owner-occupiers and investors. As of early 2026, the median house price sits around $1.37 million, reflecting a consistent annual growth of approximately 3.0%. The unit market, with a median of $640,000, has seen a slight decrease of 1.4% annually, though it offers a more accessible entry point into this desirable bayside locale. Demand in Mentone is fundamentally driven by its lifestyle appeal and, most significantly, its cluster of high-performing schools. This creates a constant influx of families seeking to secure a place within coveted school zones, which in turn keeps a floor under property values. Properties are often tightly held, with an average hold period of over 13 years, contributing to a constrained supply. This low stock on market, combined with active buyer interest, results in a relatively quick turnover, with houses averaging just 27 days on market. While the market is not prone to the speculative spikes of some inner-city suburbs, its stability is its strength. The rental market is also robust, with a very low vacancy rate of 0.93% and a rental yield for houses around 3.3%. This indicates strong tenant demand, providing a degree of security for investors. However, the primary investment thesis for Mentone is capital growth over cash flow. Recent infrastructure upgrades, including the removal of the Balcombe Road level crossing and the new Mentone station precinct completed in 2020, have enhanced the suburb's connectivity and village atmosphere, further cementing its appeal and supporting a positive long-term price trajectory.
Why a buyers agent
Securing a property in Mentone requires navigating a competitive and nuanced market where local knowledge is paramount. Many properties are tightly held, and off-market transactions are not uncommon, particularly for premium family homes. An experienced buyer's agent provides access to these hidden opportunities. Furthermore, the suburb has distinct pockets, and values can vary significantly based on proximity to the beach, the train line, or specific school catchment zones. A local expert can decipher these micro-markets, ensuring you don't overpay and are buying in a location that meets your long-term goals. They can also guide you through the highly competitive auction environment that often characterizes sales in this family-centric suburb.
Home to a high concentration of top-tier private and public schools, including Mentone Grammar and Mentone Girls' Secondary College, attracting families focused on quality education.
Enjoy a relaxed coastal lifestyle with beautiful, safe beaches, foreshore reserves, walking and cycling paths, and a vibrant local life saving club.
The upgraded Mentone Station on the Frankston line provides a reliable commute to the CBD, complemented by a comprehensive network of buses and easy access to the Nepean Highway.
A history of consistent, long-term capital appreciation driven by strong fundamentals like school zoning and lifestyle appeal makes it a secure investment.
A strong sense of community is fostered through local sports clubs and a friendly village atmosphere, with all necessary amenities including shops, cafes, and medical facilities close by.
Compare
| Metric | This suburbMentone | NearbyBeaumaris |
|---|---|---|
| Median house | $1.15M - $1.55M | $1.80M - $2.40M |
| Median unit | $550,000 - $725,000 | $925,000 - $1.25M |
| Auction clearance | 57% to 67% | 61% to 71% |
| Days on market | ~16-38 days | ~18-42 days |
| Year-on-year growth | -2% to +8% | +0% to +10% |
| 5-year growth | +11% to +31% | +18% to +38% |
| Rental yield | 2.8% to 3.8% | 2.7% to 3.7% |
| Postcode | 3194 | 3193 |
Snapshot date varies by suburb; see individual suburb pages for figures.
The place
Located 21km south-east of Melbourne's CBD, Mentone is a premier bayside suburb renowned for its stunning coastline, prestigious schools, and village atmosphere. Its character is shaped by the beautiful Mentone Beach, which stretches along Beaumaris Bay, and its history as a 19th-century resort town.
Education is a major drawcard, with a high concentration of respected schools including the independent Mentone Grammar, Mentone Girls' Grammar, St Bede's College, and Kilbreda College, alongside the well-regarded public Mentone Girls' Secondary College. This educational precinct makes it a magnet for families.
Transport is centered around the recently upgraded Mentone Station, which provides a direct 40-minute train journey to the CBD on the Frankston line. The suburb is also well-serviced by numerous bus routes, including the 903 SmartBus, connecting it to major hubs like Southland, Brighton, and Dandenong. The Nepean Highway provides a primary arterial road link.
Shopping and dining are focused around Mentone Village on Como Parade and Balcombe Road, offering a mix of cafes, casual restaurants, and essential retail including Coles and Woolworths supermarkets. For major retail, Westfield Southland is just a short drive or bus trip away.
The suburb is rich in parks and recreational facilities. The foreshore features walking and cycling paths, and the Mentone Life Saving Club is a community hub. Numerous parks and sporting clubs for football, tennis, and bowls cater to an active lifestyle.
Frequently asked
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The 5-year trajectory is a modelled curve anchored on the documented cumulative growth rate. Editorial review: 13 May 2026. Updated quarterly.
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