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 › Craigmore Ave
$885,000
Last sold
24 Oct 2020
3
Bedrooms
1
Bathrooms
3
Car spaces
872 m²
Land
Districts View
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
$885,000
24 Oct 2020 · derived via latest_sale
Local land rate: recorded House sales in Mentone (last 5 years) with land size have a median of $2,711/m² of land (n=11). Districts calculation from recorded sales — not a valuation.
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
-33.5%
Median sale
Suburb $1,330,000
+1.11 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 scheme
ZN
Zone
NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7
NRZ7
Jurisdiction
Kingston (Vic.)
Kingston (Vic.), VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
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
VICZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7 · NRZ7 (ZN). Official parcel area about 629 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 629 m² — land size can look like optionality. What reduces it: SPECIAL BUILDING OVERLAY. This overlay can reduce what the land size appears to promise. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned NEIGHBOURHOOD RESIDENTIAL ZONE - SCHEDULE 7 · NRZ7 (ZN). Official parcel area about 629 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownlowOfficial parcel about 629 m² — land size can look like optionality. What reduces it: SPECIAL BUILDING OVERLAY. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 GroupThere are certain criteria that every family wants when searching for their next home: a low traffic position, a sensational allotment of land and a neighbourhood rich with family-focused amenities. And here it all is!
Occupying 872sqm (approx.) of fabulous land and tucked in a friendly cul-de-sac, this loved family home creates a cosy sanctuary within the sought-after Parkdale and Mentone Girls' secondary college zones. Close to Mentone Park Primary and with Acacia Avenue Preschool & Southern Road Reserve just footsteps away, families at every stage will see the appeal of this popular pocket.
Warm, inviting and offering ample scope to further update to your tastes, the three-bedroom home provides a spacious and fluid floor plan that comprises a formal lounge, distinct dining area and expansive family zone overlooking the deep established garden. Right at the heart, the light-splashed kitchen has been equipped with gleaming stainless-steel appliances and features a casual breakfast bar/servery.
With generous, fitted robes for two of the bedrooms, the home delivers a super-stylish bathroom with freestanding bath, electric underfloor heating plus a separate powder room/2nd toilet. Whilst concluding the package are a renovated laundry with loads of storage (with electric underfloor heating), reverse cycle heating/cooling, security system, workshop and triple car carport.
Perfect to welcome your family straight away, there is also the option to extend the existing accommodation, start again with your own dream design or even subdivide the supersized block (all STCA). Close to bus routes and within easy reach of local shops plus Thrift Park, Southland and DFO retail destinations.
** Online bidding is available for this auction - it is via the GAVL app. If you are bidding, please contact Kevin or Nakita to discuss this once you have inspected the property. GAVL offers buyers the opportunity to watch and bid in real-time **
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.
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