SOLD
Sold on 13 Sep 2023 for $955,000

1/47 Rae Avenue
Edithvale VIC 3196

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 154m2
Land area: 286m2
Sold By
Marshall White Mornington Peninsula
Save

Property Details for 1/47 Rae Ave, Edithvale

1/47 Rae Ave, Edithvale is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2006. The property has a land size of 286m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom Townhouse sold in Edithvale in the last 12 months.

Building Type
Townhouse
Year Built
2006
Floor Size
154m2
Land Size
286m2
Local Government
Kingston
Lot/Plan
1/PS607158

Last Listing description (September 2023)

Ideally situated just a five-minute walk to Edithvale Station, cafe shopping strips and beautiful beaches, this spacious 3-bedroom residence is privately and securely set behind automated gates offering an effortless low-maintenance lifestyle with two generous living areas and two alfresco zones.

The private front garden incorporates beautifully planted borders and a decked area. The home's entry opens to reveal an extra wide central hallway, gleaming floor tiles and a carpeted front living room with a cosy gas log fireplace. The open-plan family meals/dining area opens out via vinyl wrapped aluminium French Doors to the rear, paved, undercover alfresco courtyard, perfect for relaxed summer entertaining. The natural stone gourmet kitchen features a mobile island bench and quality stainless steel appliances including gas cooktop, oven, and dishwasher. Zoned on the ground level, is the spacious master bedroom with built-in robes, while upstairs are two delightful bedrooms with pitched attic ceilings, built-in robes and desks, and split system heaters/coolers. The bathroom is also upstairs and has a built-in bath, stone vanity, and walk-in shower, while downstairs is a powder room, and a good-sized laundry/mud room, with exterior access. Securely accessed through automated gates, the single auto/remote garage has plenty of workshop/storage space and the property also offers off-street parking for an additional vehicle.

On the market for the first time since it was built in 2007, the meticulously maintained and low-maintenance home's additional features include gas ducted heating, evaporative cooling, three split systems, solar panels, double glazed windows and a 5,000-litre water tank. There is abundant storage throughout including plenty of built-in cupboards, and under-stair storage. This highly sought-after area is close to St Louis de Montfort primary and Aspendale Gardens Primary. Alternatively it is just a couple of train stops to outstanding secondary colleges including Kilbreda, St. Bedes, and Mentone Grammar. With the wide sandy stretch of Edithvale Beach just moments away, additional leisure amenities include local parklands, wetlands, and golf courses. Also, easy access to East Link and Mornington Peninsula Freeway.

Property History for 1/47 Rae Ave, Edithvale, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$955,000
13 Sep 2023
Listed for Rent
$550/w
16 Oct 2019
  • 13 Sep 2023
    Sold for $955,000
  • 06 Sep 2023
    Listed for Sale $850,000 - $930,000
  • 08 Oct 2019
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

About Edithvale 3196

The size of Edithvale is approximately 2 square kilometres. It has 6 parks covering nearly 18.6% of total area. The population of Edithvale in 2011 was 5,449 people. By 2016 the population was 5,822 showing a population growth of 6.8% in the area during that time. The predominant age group in Edithvale is 40-49 years. Households in Edithvale are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Edithvale work in a professional occupation. In 2011, 73.1% of the homes in Edithvale were owner-occupied compared with 71.8% in 2016.

Edithvale has 3,377 properties. Over the last 5 years, Houses in Edithvale have seen a 42.84% increase in median value, while Units have seen a 22.37% increase. As at 31 July 2024:

  • The median value for Houses in Edithvale is $1,292,992 while the median value for Units is $817,060.
  • Houses have a median rent of $650 while Units have a median rent of $570.
There are currently 8 properties listed for sale, and 1 property listed for rent in Edithvale on OnTheHouse. According to CoreLogic's data, 153 properties were sold in the past 12 months in Edithvale.

Suburb Insights for Edithvale 3196

Market Insights
Edithvale Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Edithvale Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.