OFF MARKET

2/38 Rae Avenue
Edithvale VIC 3196

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 260m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 14 Oct 2024
Low

High
Save

Property Details for 2/38 Rae Ave, Edithvale

2/38 Rae Ave, Edithvale is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 260m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
Unit
Year Built
1970
Land Size
260m2
Local Government
Kingston
Lot/Plan
2/PS404671

Last Listing description (December 2018)

A rear unit which feels more like a house!

Walk through the front door and you'll be feeling like the only house on the block. Tucked away neatly in a sought after pocked of Edithvale, this home is perfect for an investor, small family, or even a couple on an adventure to buy their first home ?? all boxes ticked!

Grab your pens and start ticking the boxes for all the below features:

? 2 Separate and spacious living areas with split-system cooling
? U-Shaped kitchen overlooking dining and sitting area as well as the outdoor entertaining area
? Third entertaining area in the decked space at the rear
? Master bedroom fitted with walk in robe and ensuite
? Further two bedrooms with built in robes
? Central bathroom with shower and bath + separate toilet
? Full sized laundry tucked away and out of sight
? Ducted heating throughout
? New floorboards throughout
? Undercover parking
? 15 squares of entertaining including residence and rear deck

When the advantage of leaving the car at home and walking to the beach, train station or local shops is important to you, this home even ticks those boxes! Other bonus' in the area include Golf courses, recreational reserves and parks, an array of sporting clubs and easy access to freeways should you want to go up the coast to the city, or even down the coast to the morning peninsula and enjoy all that is to offer.

** Photo ID Required at all Open Inspections**

Property History for 2/38 Rae Ave, Edithvale, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$695,000
25 Feb 2017
Listed for Rent
$420/w
06 Jul 2016
  • 25 Feb 2017
    Sold for $695,000
  • 09 Feb 2017
    Listed for Sale Buyers Over $640,000
  • 20 Jun 2016
    Listed for Rent $420 / week
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 3,356 properties. Over the last 5 years, Houses in Edithvale have seen a 31.93% increase in median value, while Units have seen a 21.81% increase. As at 30 September 2024:

  • The median value for Houses in Edithvale is $1,268,516 while the median value for Units is $843,790.
  • Houses have a median rent of $705 while Units have a median rent of $590.
There are currently 8 properties listed for sale, and 2 properties listed for rent in Edithvale on OnTheHouse. According to CoreLogic's data, 154 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: The middle value of all properties across the geography based on the Automated Valuation Model.


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


Median Value over 1 year
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.