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 › Withers Way
$900,000
Last sold
10 Dec 2019
3
Bedrooms
2
Bathrooms
2
Car spaces
179 m²
Land
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
$900,000
10 Dec 2019 · derived via latest_sale
Local land rate: recorded Townhouse sales in Mentone (last 5 years) with land size have a median of $4,580/m² of land (n=6). 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
-32.3%
Median sale
Suburb $1,330,000
+1.05 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 GroupSet in one of the most enviable residential developments in Mentone, this exceptional two-storey Aquilo' home is both commanding and impressive in the much sought-after Golden Triangle' precinct.
With three large bedrooms plus a study, 2.5 bathrooms, spacious open living and dining spaces and inviting outdoor entertaining, you have plenty of opportunities to indulge in intimate family gatherings or spread out separately. And being one of only a handful in the development boasting a double remote garage, seamless in and out access is assured for all.
Three large upstairs bedrooms with split system air-conditioners and built-in robes, accompanied by a dedicated built-in office/study with loads of desk/bench space, shelving/storage Two stylish, fully-tiled bathrooms plus a downstairs powder room with stone-top vanities.
The impressive master with a slanted ceiling raising to an airy 4-metres, high glass windows/door, a private balcony, a huge walk-in robe and stunning ensuite with twin vanities and a separate toilet.
The ground level is the hub of this stylish home, boasting a larger than average footprint, wide walkways and front entry and hardwood timber flooring lining underfoot; quality ceiling-hung drapes, an in-ceiling entertainment system and a guest powder room.
A fully equipped gourmet kitchen with thick stone benchtops, Bosch stainless steel cooking appliances, dishwasher, and sliding door into the adjoining laundry. Slip outside to the sunny paved entertaining area and hassle-free backyard with easy-care gardens, a splash of turf and secure fencing making it the perfect place to relax and unwind.
Features include split system A/C's in every room, loads of built-in shelving/display and storage options throughout including garage storeroom (or wine cellar!), LED lighting, stone benches throughout, premium fittings/fixtures, plus solar hot water and a large rainwater tank cutting your bills considerably!
An easy walk or bike ride to the beach, on the doorstep of The Mentone Centre shops and Reg Marlow Reserve, close to Mentone & Cheltenham train stations, eclectic cafes, restaurants, bars and shops, the area's prestige private schools and prized zoning for the renowned Mentone Girls' and Parkdale Secondary Colleges. Potential rent: $550-$600 per week.
For an unsurpassed city-meets-coast lifestyle that offers relaxed holiday-style living close to the city, you need not look any further!
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.