Mentone at a glance
14,129
People
$1,330,000
Median sale
$563/wk
Median rent
2.20%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
VIC › Mentone › Conder Way
$790,000
Last sold
12 Dec 2018
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$790,000
12 Dec 2018 · derived via latest_sale
Mentone at a glance
14,129
People
$1,330,000
Median sale
$563/wk
Median rent
2.20%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Mentone
-40.6%
Median sale
Suburb $1,330,000
+1.51 pp
Gross yield
Suburb 2.20%
Suburb median $1,330,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $563/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mentone at a glance
14,129
People
$1,330,000
Median sale
$563/wk
Median rent
2.20%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White The Bayside GroupThis prestige Aquilo designer residence offers a premium standard of executive living and a highly-sought address in Cheltenham's desirable ‘Golden Triangle' to match.
Amongst immaculate grounds, this standout development delivers innovative, high-end design throughout a spacious, very accommodating floor-plan - designed to maximise practicality and function in every space, and seamless indoor living to outdoor entertaining in style.
Two impressive levels with high square-set ceilings, a stylish crisp-white and charcoal colour palette, 3 x split system air-conditioners, excellent storage, security system, plush carpets, beautiful polished floorboards through all living/traffic zones, and high-end designer fittings, fixtures and appliances.
Three generous bedrooms with robes and two luxurious bathrooms plus an upstairs powder room - each with full-height tiling and engineered stone benchtops.
Bedrooms 2 & 3 located downstairs, serviced by the stunning family bathroom with a bath and shower, plus a separate laundry and a private rear courtyard. The upstairs master suite with a huge fitted walk-in robe & a large built-in robe (for him!), and a stylish ensuite with stone-top twin vanities.
Using the term ‘open plan' in a literal sense, the large family living, dining and entertaining zone is a wonderful space to come together, relax and unwind; and you'll love working in the sleek gourmet kitchen with thick stone benchtops and a full suite of Bosch cooking appliances including an integrated microwave, dishwasher, under-mount sink, and boundless cupboards & drawers.
Dine alfresco either on the all-weather under roofline terrace or enjoy the sunshine in the private garden courtyard with high fences, a raised veggie garden, an oversized 2000L steel rainwater tank and just a splash of lawn.
Two-car parking with an oversized single remote garage with storage area and internal access, plus a carport. This 5 star energy property also has energy-efficient LED downlights, solar hot water, a warranty period until the end of 2019 and a rainwater tank adds excellent cost savings to this impressive package. The Aquilo complex also provides 24/7 surveillance coverage on both of the main entrance to this area.
An increasingly desirable location right next to a park with children's facilities, public fitness equipment for adults and a dog park. It is also within moments from Reg Marlow Reserve, The Mentone Centre, close to both Mentone and Cheltenham's popular restaurant, cafe and shopping strips and train stations, beautiful beaches, the ‘Bayside Trail' and within the highly-demanded school catchment for Mentone Girls', Parkdale & Sandringham Secondary Colleges, Mentone Primary, and access to some of Melbourne's finest private schools. Potential Rent: $580-$620 per week.
PLEASE NOTE:
*Every precaution has been taken to establish the accuracy of the above information but does not constitute any representation by the vendor or agent.
* Photo ID required at all open for inspections
Listing description written by Kevin Chokshi, Ray White The Bayside Group — reproduced as published, not verified by Districts.