OFF MARKET

5 Ivan Avenue
Edithvale VIC 3196

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 739m2
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Last updated 16 Dec 2024
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Property Details for 5 Ivan Ave, Edithvale

5 Ivan Ave, Edithvale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 739m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1950
Land Size
739m2
Local Government
Kingston
Lot/Plan
109/LP6832

Last Listing description (August 2021)

Option 1: DEVELOPERS: Develop this block of 724m2 (STCA) and re sell the townhouses for a tidy profit

Option 2: TRADIES: Renovate this 3 bedroom home, original throughout, it is screaming for someone to polish the boards, paint throughout and update the kitchen and bathroom

Option 3: INVESTORS: Invest and collect the weekly rent of approximately $450 per week

Option 4: HOME BUYERS: Buy as a owner occupier and get yourself into this RED HOT Edithvale market, the home is perfectly livable and can be updated/renovated over time

Option 5: Knock down the existing home and re-build your dream home in this highly sought after location - there is even enough room for a pool

Now is the time to purchase this delightful home in a high growth bayside suburb. Walk to Edithvale Primary School, Edithvale Station, Sporting Fields and Edithvale General Store. Features of the home include:

* 3 bedrooms, all are queen size
* Formal lounge room with gas heater and split system
* Central kitchen and dining room. The kitchen is very original but clean and functional with gas upright stove
* Light and bright bathroom. Separate toilet
* Large laundry
* Huge rear yard with with garage

Offered for auction - unless sold prior this home is great for developers, investors and those looking to add value. Neat, clean and tidy - get in quick - the Section 32 is available NOW. Call today to book your private inspection or register for one of our scheduled home opens

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Property History for 5 Ivan Ave, Edithvale, VIC 3196

A timeline of how this property has performed in the market
Last Sold
$1,285,000
27 Mar 2021
  • 27 Mar 2021
    Sold for $1,285,000
  • 11 Mar 2021
    Listed for Sale $1,050,000 - $1,150,000
  • 01 May 2019
    Transferred

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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, 150 properties were sold in the past 12 months in Edithvale.

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