Beachside Investment
* Well tenanted freehold. * New 2x2x2 lease, commenced May 2014. * Rear lane way access. * Presently returning $13,000 PA + OGS ($13,386PA+OGs From May 15) * Across from Edithvale station. * Quality shopping strip, Nepean Hwy exposure. * Only metres to one of Melbourne's best beaches.
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:
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