OFF MARKET

198 Station Street
Edithvale VIC 3196

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 166m2
Land area: 932m2
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Property Details for 198 Station St, Edithvale

198 Station St, Edithvale is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 932m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
House
Year Built
1950
Floor Size
166m2
Land Size
932m2
Local Government
Kingston
Lot/Plan
9~G/LP5198

Last Listing description (May 2023)

THE PROJECT
Right opposite Carrington street with uninterrupted water views is this unique and golden opportunity with endorsed plans and permits for 5 town residences. This huge 928m2 (approx) of prime Edithvale land is shovel-ready. A truly remarkable project, one of the first triple-storey residences in Edithvale. Its uniqueness begins with its close proximity to Bayside's finest beaches, amenities, brand-new under-trench Edithvale Railway Station & public transport.

THE SPECIFICS

Dwelling 1 - 3 storey T/H with direct water views from Ground floor, first floor and second floor:
- 4 bedrooms
- 2 bathrooms
- 2 powder rooms
- Study
- 2 car garage
Potential resale value of $1,425,000 - $1,500,000*

Dwelling 2 - 3 storey T/H:
- 3 bedrooms
- 3 bathrooms
- 1 powder room
- 2 car garage
Potential resale value of $1,150,000 - $1,250,000*

Dwelling 3 - 3 storey T/H:
- 3 bedrooms
- 3 bathrooms
- 1 powder room
- Study
- 2 car garage
Potential resale value of $1,150,000 - $1,250,000*

Dwelling 4 - 3 storey T/H:
- 3 bedrooms
- 3 bathrooms
- 1 powder room
- 2 car garage
Potential resale value of $1,150,000 - $1,250,000*

Dwelling 5 - 2 storey T/H:
- 3 bedrooms
- 2 bathrooms
- Powder room
- Large study
- 2 car garage
Potential resale value of $1,300,000 - $1,350,000*

*These resell prices are estimates and based on comparable properties in the current market.

THE LOCATION
- Edithvale IGA (Across the road)
- Edithvale Under Trench Railway Station (Across the road)
- Direct Water Views of Edithvale Beach
- Edithvale shopping strip (Across the Road)
- Edithvale Golf Course
- Edithvale Recreation Reserve
- Edithvale Primary School
- Edithvale Family and Children's Centre

THE CLOSE
This is the perfect opportunity for the astute developer to secure a dream project. Within a walking distance of gorgeous bay beaches, Edithvale strip and main freeways and highways that take you the CBD and the Mornington Peninsula.

THE AGENTS
Call Claude Makdesi on 0405 342 244 or Demetri Alexandris on 0410 813 777 for further information and plans.

Please note: all dimensions are approximate.

Disclaimer: Whilst every care has been taken to verify the accuracy of the details in this advertisement, MAK REALTY cannot guarantee its correctness. Prospective buyers need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 198 Station St, Edithvale, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$1,200,000
01 Dec 2018
  • 07 Oct 2022
    Listed for Sale THE ONE: 5 T/H Multiplex Development
  • 01 Dec 2018
    Sold for $1,200,000
  • 01 Oct 2018
    Listed for Sale Auction 01/12/18
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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.

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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.