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 › Derwent St
$950,000
Last sold
13 Dec 2018
5
Bedrooms
2
Bathrooms
4
Car spaces
705 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
$950,000
13 Dec 2018 · 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
-28.6%
Median sale
Suburb $1,330,000
+0.88 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 upon 705sqm (approx) in an exclusive Mentone quarter that proves without a doubt, quality is timeless - and this beautiful large-scale family home is certainly no different!
Dishing up family-sized interiors, beautifully utilised, north-orientated outdoor areas, landscaped gardens, extensive brick paving, an 8-person in-ground spa and excellent privacy from the street.
An impressive representation of quality accommodation, immaculately presented and maintained interiors flowing through a huge family-designed layout. Featuring an internal intercom system, double garage with undercover front entry, large windows, quality drapes, plush carpets and an ambient combustion wood heater.
Five generous bedrooms - four with large built-in robes and the 5th/study with a recess ready to add some in. The impressive master suite with ensuite access to the cleverly designed second bathroom with a powder room, separate shower & toilet; and the beautiful family bathroom with a bath & separate toilet & laundry.
An array of practical, spacious living and dining zones - each flowing to the other and centred around the outdoor entertaining, whilst incorporating privacy between.
L-shaped formal dining & large formal lounge featuring a built-in display unit, a huge rear rumpus with a combustion fireplace, and a family/meals zone with a study nook and well-appointed kitchen at the hub. Abundant storage and bench space, and quality classic appliances including double wall ovens and integrated microwave, electric cooktop and dishwasher.
Spilling out to a wonderful outdoor setting to entertain, dine alfresco, or relax and unwind after a busy day. A large paved area combines a large well-protected pergola tucked into the side, plus a second large pergola off the side overlooking the easy-care backyard and spa.
Moments from Racecourse Reserve and Mentone Park Primary, prized zoning for Mentone Primary, Mentone Girls' & Parkdale Secondary Colleges, and close to some of Melbourne's finest private colleges. Thrift Park, The Mentone Centre, DFO & Westfield shopping, Mentone station, Como Parade vibrant shopping/dining village, the beach, Bayside Trail & ‘Sandbelt' golf courses.
A wonderfully accommodating family home with all the fundamentals, lots to embrace and enjoy, and a most desirable, highly-sought address with the best of Bayside at your door. Potential rent: $700 -$750 per week.
Listing description written by Jeff Cowan, Ray White The Bayside Group — reproduced as published, not verified by Districts.