OFF MARKET

45 Lochiel Avenue
Edithvale VIC 3196

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 143m2
Land area: 816m2
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Property Details for 45 Lochiel Ave, Edithvale

45 Lochiel Ave, Edithvale is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 816m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
House
Year Built
1960
Floor Size
143m2
Land Size
816m2
Local Government
Kingston
Lot/Plan
5/LP54163

Last Listing description (December 2018)

This delightful home was built in 1966 and has remained in the same family ever since. Now the family has decided it's time to hand the keys to its next lucky owner. Positioned in a location that matters, with a North facing rear yard, the home backs onto the Regents Park. Edithvale Beach is a short walk and there is a children's play ground 2 doors away.

Features include:

- 3 double bedrooms, all with built in robes

- Spacious formal lounge and dining room
- Original light and bright kitchen with garden outlook, meals area and outdoor access
- Central family bathroom, separate toilet
- Huge laundry has a second shower
- Reverse cycle heating and cooling
- Tasmanian hardwood floors under carpets
- Brick veneer with terracotta roof tile
- Single lock up garage

Positioned on a very healthy 821m2 of land (approx.) there are many options for this home.

Option 1:

Keep the original home and renovate, the house has incredibly good bones and has been well maintained over the years. A second storey would give beautiful views of the adjacent parkland and sporting fields. There is enough space for an in-ground pool which would bask in the sun all day. This would make the perfect 'forever' home for a family looking for a quality location close to schools and public transport

Option 2:

Dual occupancy, (STCA). The original home could be renovated, the garage removed and re positioned, and a townhouse built in the back. Recent sales in the area would suggest the front home renovated could achieve between $900,000 - $990,000 and a new 3 bedroom townhouse in excess of a million dollars

Option 3:

Development site, (STCA). 821m2 of land gives you a blank canvas to build 2 very large townhouses in this tightly held pocket. This location is popular with those looking to downsize due to it's proximity to the beach and transport

With unsurpassed future opportunities, this property will not last long. Available to purchase by private sale it is available to view at one of our scheduled open for inspection or anytime by private appointment.

Property History for 45 Lochiel Ave, Edithvale, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$1,317,500
14 Mar 2018
  • 14 Mar 2018
    Sold for $1,317,500
  • 02 Mar 2018
    Listed for Sale $1,200,000 - $1,300,000

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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, 151 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.