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Mentone Warehouses
Artist impression

Mentone Warehouses

Entry price
$440k–$1.45m
from / to
Gross yield
—
rent basis unavailable
Suburb unit median
$605k
VGV 2024
Entry vs median
—
sizes not comparable

Off the plan · Completes Q4 2028

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GST
Margin scheme
GST included in the price
Stamp duty
Nil
No transfer duty under this contract
Contract of sale: sold under the GST margin scheme (special condition 19.7), so GST is not claimable. Vendor statement: the land entered the commercial and industrial property tax scheme on 19 December 2025, so no stamp duty is expected. The contract leaves any duty with the purchaser (special condition 33).

Price list

3 units
Status
Price–
Unit 28$780,000
148 m²Level 1Type Type 10 · 148 m²2 spaces
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Unit 35$1,450,000
333 m²Level 1Type Type 12 · 333 m²5 spaces
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Unit 54$440,000
67 m²Level 1Type Type 23 · 67 m²0 spaces
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Suburb intelligence

Mentone unit median $677k

Quarter

▼ 9.7%

Year

▲ 3.7%

Gross yield—
Median rent$550/wk
Clearance—
Days on market—

REIV · Mar-26 quarter

$4,354 – $6,567/m²

size-normalised across the bedroom mix

+$69k over 10 yrs

new build vs established, after tax · run the numbers ↗

VGV Mentone unit median · new-build calc: VIC · 37% bracket · 20% deposit · 6.5% interest · 4.2% yield · 7% growth · 10-yr hold.

Who lives here

Population

13,197

Median age

42

VIC: 38

Household income

$1,889

+7% vs VIC

Labour force

66.6%

VIC: 62.4%

Age profile: the 25-34 cluster

MentoneVictoria
0-14
16%
15-24
10%
25-34
13%
35-44
14%
45-54
15%
55-64
12%
65-74
10%
75+
10%