Property Details for 31 Rae Ave, Edithvale
31 Rae Ave, Edithvale is a 3 bedroom, 2 bathroom House with 1 parking spaces.
Last Listing description (September 2009)
PLANS AND PERMITS WITH FAMILY FLAVOUR 'DEVELOPERS DELIGHTn.PRESENTING AN EXCEPTIONAL OPPORTUNITY TO REDEVELOP THIS PRIME 696SQM APPROX NORTH-WEST FACING BLOCK WITH APPROVED PLANS AND PERMITS FOR TWO SIDE-BY-SIDE TOWN RESIDENCES.
THE TWO-STOREY DESIGNS EACH FEATURE 3 BEDROOMS + STUDY INCLUDING A MASTER SUITE WITH PARENT’S RETREAT UPSTAIRS, 2 BATHROOMS (ENSUITE), OPEN PLAN ENTERTAINING WITH BI-FOLD DOORS TO A DECKED REAR VERANDAH, SUN DRENCHED REAR GARDEN, AND A SINGLE GARAGE ON OWN DRIVE.
CURRENTLY HOME TO A COMFORTABLE 3 BEDROOM TIMBER HOME WITH CARPORT.
ADDITIONAL FEATURE - GREAT DEVELOPMENT SITE.
Property History for 31 Rae Ave, Edithvale, VIC 3196
- 30 Jul 2009Listed for Sale $480000-$520,000
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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 3,358 properties. Over the last 5 years, Houses in Edithvale have seen a 29.35% increase in median value, while Units have seen a 19.79% increase. As at 31 October 2024:
- The median value for Houses in Edithvale is $1,276,396 while the median value for Units is $843,708.
- Houses have a median rent of $690 while Units have a median rent of $620.
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