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VIC › Mentone › Patty St

40 Patty St, Mentone VIC 3194

House

$1,450,000

Last sold

3 July 2021

3

Bedrooms

2

Bathrooms

2

Car spaces

524 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,450,000 (3 July 2021).(Recorded sale)
  • FactLand 524 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Mentone (last 5 years) with land size: median $2,711/m² of land (n=11). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,450,000

3 July 2021 · 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.

See the full Mentone report →

Vs Mentone

+9.0%

Median sale

Suburb $1,330,000

-0.18 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,450,0003 July 2021
  2. Listedprice unknowncompleted25 May 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Mentone in one glance

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.

See the full Mentone report →

Keep researching

  • Why Mentone? Read the area thesis →
  • What else is on the market in Mentone →
  • Other records on Patty St →

Listing material

Listed by Ray White The Bayside Group

SOLD BY ALEX PEARSON

Charming from the outset, and solid, well-maintained and updated over time, this classic Mentone beauty exemplifies the very best of the humble era it came from with the complements of various modern touches, renovations and comforts you'd find necessary today. Ready for the growing family to enjoy, this is a standout home in a location alive with energy, beauty, lifestyle and convenience.

Just minutes on foot from vibrant Balcombe Road and Como Parade shopping/dining precincts and Mentone station. Walk to the beach and the area's most renowned public and private schools - zoned for Mentone Primary, and Mentone Girls', Beaumaris & Cheltenham Secondary Colleges. Close to Mentone and Mentone Girls Grammar, Kilbreda, St Bede's and more.

On a 524sqm (approx) corner block, the home comes with a multitude of wonderful attributes inside and out. Extensive outdoor entertaining with large timber decks branching off the north and west sides of the home, along with a swim spa, plenty of lawn, established gardens and a double garage, demonstrates the heart and soul put into making this house a home.

Read the full description

Internally, a contemporary paint palette, polished floorboards and gorgeous plantation shutters throughout; ducted heating and cooling, plus split system air-conditioning and a 7 Panel / 3kW Solar system cutting your carbon consumption considerably!

Combining three generous bedrooms with robes, and two sleek new bathrooms - the master with a large two-room ensuite with a separate shower and toilet, and the large family bathroom servicing the rest of the household with ease.

Two excellent living and dining zones opening to two outdoor entertaining areas, and a voluminous galley-style kitchen with loads of great storage and bench space, a wall oven, 900mm induction cooktop, range hood and a dishwasher.

More than a few options to take your entertaining into the backyard and more than enough room to host the entire extended family for Christmas - of course, you might find yourself hosting every celebration forevermore so we'd understand if you'd prefer to keep your new home's capacity for entertaining under wraps!

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 Alex Pearson, Ray White The Bayside Group — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.