SOLD
Sold on 27 Mar 2024 for $320,000

276 Nepean Highway
Edithvale VIC 3196

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 86m2
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Property Details for 276 Nepean Hwy, Edithvale

Building Type
Commercial
Floor Size
50m2
Land Size
86m2
Local Government
Kingston
Lot/Plan
2/LP42364

Last Listing description (March 2015)

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.

Property History for 276 Nepean Hwy, Edithvale, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$320,000
27 Mar 2024
Listed for Rent
$249/w
09 Aug 2014
  • 27 Mar 2024
    Sold for $320,000
  • 26 Mar 2015
    Sold for $300,000
  • 27 Feb 2015
    Listed for Sale UNDER CONTRACT
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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.

Suburb Insights for Edithvale 3196

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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.