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Sold on 16 Feb 2024 for $1,310,000

40 Fraser Avenue
Edithvale VIC 3196

Bedrooms: 3
Bathrooms: 2
Car spaces: 6
Land area: 767m2
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Property Details for 40 Fraser Ave, Edithvale

40 Fraser Ave, Edithvale is a 3 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 767m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Edithvale in the last 12 months.

Building Type
House
Land Size
767m2

Last Listing description (February 2024)

Yes it is the only Chalet located in Edithvale

Welcome to 40 Fraser Ave, Edithvale – a captivating chalet-style residence nestled on a sprawling 775m2 block. This 3-bed, 1 1/2-bath gem exudes character, boasting a charming chalet facade that sets it apart. Boasting a spacious covered decked area perfect for entertaining, this home epitomizes comfort and style. Complete with split system A/C's and an open fireplace in the living area, it offers year-round comfort. Beyond its unique aesthetic, the property offers a convenient double carport at the front of the home and an impressive 4-car garage accessible from the rear alleyway, presenting ample parking and storage options, which is an extremely rare find in the area.

Embrace the possibilities this sizable block presents, perfect for development or expansion (S.T.C.A), catering to the visionary investor or homeowner looking to create their dream space. Its proximity to the beach adds allure, promising the delights of coastal living while being just a short walk to the magnificent Edithvale Beach, Edithvale Primary School, Edithvale Pre School, station and the local shopping strip enhances its desirability for families.

This one-of-a-kind property stands as more than a home; it's an invitation to craft a distinctive lifestyle. Seize this chance to own a piece of coastal paradise with untapped potential. Don't let this exceptional opportunity pass you by

Currently leased on a 12 mth lease at $650per week with the lease ending on 21/09/2024

Call John Lewis now to arrange an inspection

Property History for 40 Fraser Ave, Edithvale, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$1,310,000
16 Feb 2024
Listed for Rent
$649/w
06 Sep 2023
  • 16 Feb 2024
    Sold for $1,310,000
  • 14 Dec 2023
    Listed for Sale $1,350,000 - $1,450,000
  • 22 Aug 2023
    Listed for Rent $650 / week
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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, 154 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.