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 › Silverbanks Grove
$940,000
Last sold
23 Apr 2022
3
Bedrooms
3
Bathrooms
2
Car spaces
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
$940,000
23 Apr 2022 · derived via latest_sale
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
-29.3%
Median sale
Suburb $1,330,000
+0.91 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 GroupA one-of-a-kind lifestyle experience amongst treetops, sweet birdsong and a splash of nature, this architectural executive residence delivers peaceful ambience on the edge of convenience.
Within the unique, Chicquita Park-side development, this tri-level residence puts you on the door of Mentone's best including Racecourse Reserve, Thrift Park & The Mentone Centre shops, Mentone Village, train station, elite private/public schools, Mentone Beach and the picturesque Bay Trail.
Superior interior design, inspired, thoughtfully incorporated features, premium fittings that are a pleasure to see, to use and to touch; practical, relaxed living spaces and no less than FOUR outdoor areas to enjoy!
Two street frontages and entries; a double remote garage at the rear and private gated entry at the front. A ground-level 3rd bedroom serviced by its own ensuite (2-way bathroom and laundry), split system A/C, mirrored robes and its own outdoor area! A wonderful sanctuary for any lucky householder, or an ideal home office catering to the growing work-from-home trend with direct access for visiting clients.
The sleek, streamlined design continues through the upper levels with beautiful solid timber flooring, premium appointments, fittings and appliances; stone benches, quality blinds, high ceilings, LED lighting, video intercom split system air conditioning in every room and white ergonomic ceiling fans.
Two large bedrooms and two stylish bathrooms to the top level - each bedroom impressively sized with large mirrored robes and split system A/C's - the master with an ensuite and large private balcony, and bedroom two within steps of the main bathroom with a bath/shower.
Living, dining and unwinding is done in style on the open-plan mid-level; with an elite kitchen including a dishwasher, 900mm cooking appliances, plentiful storage and white stone benchtops - and balconies at each end - one for entertaining and the other for a quiet cuppa before work.
This is low-maintenance living at its most opportune - an incredible neighbourhood within an easy walk or drive to absolutely everything, and an idyllic bayside lifestyle ready to explore.
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
*As per government regulations, anyone attending a public open home inspection or auction must provide proof of double vaccination and check in via the QR code provided on site.
Listing description written by Kevin Chokshi, Ray White The Bayside Group — reproduced as published, not verified by Districts.