Mentone, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Mentone
VICCensus 2021 · Population 13,200
Mentone is a suburb with a population of 13,200, characterized by a slightly older median age of 42 compared to the Victorian average of 38. The community is predominantly female, with women making up 52.6% of the population. Families are a significant part of the community, with 42.0% of households being couples with children and 40.6% being couples without children. The area has a diverse housing mix, with 44.0% separate houses, 37.2% townhouses, and 18.2% apartments.
Key Highlights
- High education levels - 35.8% hold bachelor degrees or higher (vs VIC 29.2%)
- Above average weekly household income - $1,889 (vs VIC $1,759)
- Low unemployment rate - 4.1% (vs VIC 5.0%)
- Significant work-from-home population - 35.0% (vs VIC 25.7%)
- Diverse housing options with 44.0% separate houses and 37.2% townhouses
Things to Consider
- Higher median age may not appeal to younger demographics
- Lower percentage of separate houses compared to VIC average (44.0% vs 73.4%)
- Rented properties slightly above VIC average (32.2% vs 28.5%)
- Public transport usage is low at 4.1%
- Higher median monthly mortgage of $2,167 may be a barrier for some buyers
What's it like living here?
Daily life in Mentone is marked by a strong work-from-home culture, with 35.0% of residents working from home, significantly higher than the Victorian average of 25.7%. The suburb offers a balanced lifestyle with a mix of professional and family-oriented residents. Commuting is primarily done by car, with 43.0% of residents driving, while public transport usage is relatively low at 4.1%.