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31 Rae Avenue
Edithvale VIC 3196

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Last updated 16 Dec 2024
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Property Details for 31 Rae Ave, Edithvale

31 Rae Ave, Edithvale is a 3 bedroom, 2 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Kingston

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.

BETWEEN THE BEACH AND THE WETLANDS, AN EASY WALK TO EDITHVALE RAIL STATION, SHOPS, CAFES AND SCHOOLS
ADDITIONAL FEATURE - GREAT DEVELOPMENT SITE.

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Property History for 31 Rae Ave, Edithvale, VIC 3196

A timeline of how this property has performed in the market
  • 30 Jul 2009
    Listed 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 3,426 properties. Over the last 5 years, Houses in Edithvale have seen a 26.98% increase in median value, while Units have seen a 17.19% increase. As at 30 November 2024:

  • The median value for Houses in Edithvale is $1,285,169 while the median value for Units is $838,931.
  • Houses have a median rent of $693 while Units have a median rent of $620.
There are currently 7 properties listed for sale, and 5 properties listed for rent in Edithvale on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Edithvale.

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