Mentone vs Parkdale

Mentone (median $1,487,000) is roughly 6% cheaper to buy into than Parkdale ($1,588,000).

Buying in Mentone or Parkdale?

The free buying guide: what you can really spend, the schemes and stamp duty in your state, inspecting, and making the offer.
Get the free buying guide

Selling in Mentone? The free selling guide

Mentone and Parkdale side by side

MeasureMentoneParkdale
Price and market
Median house$1,487,000$1,588,000
Median unit$651,500$800,000
Renting
House rent$750/wk$750/wk
Unit rent$550/wk$550/wk
Owner occupied66.0%76.0%
Renter occupied32.0%22.0%
Schools
Schools nearby2020
Average ICSEA11151101
Lifestyle and people
Walk score10046
Transit score6020
Bike score100100
Population13,19712,308
Median age4243
Climate
Annual rainfall634 mm661 mm
Mean max, January25.8°C26.0°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

Mentone scores higher on walkability (100/100 vs 46/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mentone (1115) sits above Parkdale (1101). Parkdale skews owner-occupied (76%), Mentone runs more rental-dense (66% owner).

For buyers
Mentone is the lower entry point at $1,487,000 median, 6% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Mentone offers the higher gross rental yield (2.62% vs 2.46%), favouring cash-flow investors.
For families
Mentone edges out on average school ICSEA (1115 vs 1101).

Mentone vs Parkdale: common questions

Is Mentone or Parkdale cheaper to buy in?

Mentone has the lower median house price at $1,487,000, roughly 6% below Parkdale ($1,588,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Mentone or Parkdale have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Mentone scores 1115 vs 1101 in Parkdale. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Mentone or Parkdale?

Mentone scores 100/100 on walkability vs 46/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Mentone or Parkdale?

Gross rental yield on houses is 2.62% in Mentone vs 2.46% in Parkdale. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.