How Much is My Home Worth in Edithvale?
In the last year, there have been 60 units sold and 66 houses sold in Edithvale. The median price for a house on February 5, 2020, was $950,000. The median price for a unit was $681.000. The average annual property growth is currently 7.60% for houses and 6.77% for units. The 12-month capital growth for houses is 0.11% and for units, it is 1.91%. The DSR or Demand to Supply Ratio gives rates houses as balanced and units as an above-average. A balanced rating says there is an equal amount of buyers and sellers. Buyers can get a good price if the seller wants to sell the property immediately. Capital growth should stay even with the national average for Edithvale.
House prices and weekly rent returns in Edithvale
- 2 bedroom house No Data Rent per week $390
- 3 bedroom house $925,000 Rent per week $460
- 4 bedroom house $1,021,000 Rent per week $540
Unit prices and weekly rent returns in Edithvale
- 2 bedroom unit $585,500 Rent per week $398
- 3 bedroom unit $755,000 Rent per week $540
The gross rental yield for houses is 2.78% and for units, it is 3.25%. It takes 68 days to sell a house and 83 days to sell a unit.
Free Real Estate Appraisal Edithvale
Do you want a free appraisal on your Edithvale property? We appraise units, land and houses on a regular basis. We know the region well and have sold over 80 properties in the last year. Our appraisers base the price on proximity to schools, shops and amenities. Also included is the current sales history. Our agency is located in the heart of Edithvale.
Free Rental Appraisal Edithvale
Our property managers currently handle the rental of over 3500 properties. We are experts in property management. We form a close relationship with the landlord and provide regular reports to build the confidence that your property is managed by a team of professionals. So, if you have an investment property you want to rent we will give you a free rental appraisal on the expected weekly rent return. Or, you may want to rent your current home? We will discuss all the details of the lease and dig into our large database of potential tenants to see if we can find an immediate fit.
Property Valuation Edithvale
Are you aware there is a difference between a property valuation and a real estate appraisal? If for legal reasons you need your home valued then you must employ a registered valuer. There will be a fee attached to this service. If you want an appraisal then a licenced real estate agent can provide this service. We do appraisals for free.
Aspendale to Edithvale
Recent Sold Homes in Edithvale
View our list of recently sold homes in Edithvale. Browse properties sold in Edithvale and Edithvale South including houses, units and land.
Lifestyle in Edithvale
Edithvale borders on Port Phillip Bay and is located 28 kilometres from the central business district of Melbourne. The population is 5806. Its neighbours include Chelsea, Aspendale and Chelsea Heights. You can walk along the white sands and view the famous bathing boxes. The eastern border runs along Edithvale-Seaford Wetlands Environmental Area. On the northern border is the Rossdale Gold Course. Within the boundaries of Edithvale is the Chelsea Public Golf Course.
Schools in Edithvale
There is 1 school in Edithvale.
- Edithvale Primary School Co-educational