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.
$1,120,000
Last sold
28 Nov 2020
3
Bedrooms
2
Bathrooms
2
Car spaces
563 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
$1,120,000
28 Nov 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
-15.8%
Median sale
Suburb $1,330,000
+0.41 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 GroupOn a street well known over the decades for its striking, mid-century modern architecture and quiet affluence, this charming home rests gently elevated on a flat 563sqm (approx) block just up from the beautiful Racecourse Reserve.
There's much to admire and adore, beginning with the gorgeous street appeal provided by the manicured front garden, and the ideal aspect of the sunny, north-facing backyard.
Beyond the front door, it's the abundance of natural light coming in through the full-height pane windows and the FIVE skylights you'll find throughout! The fresh paint palette, immaculate presentation and the richness of the solid timber window/door architraves, skirting, joinery, structural/ceiling beams . Oh, and you'll love the vibes emanating from the rear family sunroom too!
Three generous bedrooms with robes, and two pristine, original bathrooms with skylights in each - the master with a walk-in robe and ensuite, the family bathroom with a bath, shower and separate toilet, and a large separate laundry.
A generous front lounge into a private dining room, with solid timber and glass doors adding privacy. Open design kitchen at the hub, with timber cabinets, wall oven, 900mm electric cooktop/range hood and plenty of bench and seating space for the kid's afternoon tea.
And you'd better get hold of a bigger couch, because this sunny family room is where you'll all come to dine, relax and unwind at the end of a busy day. Encased in floor-to-ceiling windows and enjoying leafy garden views, you'll seldom find a good reason to draw the blinds!
Opening to a beautiful shady deck under a blanketing of flowering vine, overlooking the lovely established gardens and lawn (sprinkler system), plenty of brick paving and an oversized garage/workshop with rear roller door access for the car, boat, camper or trailer.
Close to Racecourse Reserve park, playground and lake, Mentone Park Primary, childcare & Thrift Park shopping at the end of your street. Close to The Mentone Centre, Westfield Southland, DFO, Mentone Village, train station, the beach, Mentone Grammar Schools, St Bedes, Kilbreda, and prized zoning for Mentone Girls' & Parkdale Secondary Colleges.
Simply, this is a beautiful, warm and inviting home - so lovingly developed, looked after and enjoyed by its current owner for over 34 blissful years - all in preparation for you!
Potential Rent: $520-$570 per week.
** 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.