Edithvale is located 28 kilometres from the Central Business District of Melbourne. Its eastern fringe runs along the Chelsea Foreshore Reserve and is bordered by Aspendale and Chelsea. The population is around 6000. The local train station is Edithvale which runs along the Frankston line.
Edithvale beach is notable for its beach bathing boxes set on the beautiful white sand. These beach boxes can fetch up to $100,000. There are about 190 beach boxes along the Chelsea foreshore. This is a protected beach which has gentle waves. In the right conditions, it is ideal for windsurfing. Edithvale beach is only 4.5 kilometres south of Mordialloc pier. There is also the Edithvale Life Saving Club.
Real Estate Trends Edithvale
As of March 28, 2019, the median price for a home in Edithvale was $930,000. The median unit price was $700,000. Edithvale real estate is in demand compared to the rest of the state of Victoria. Home prices have fallen over the past 12 months. A median priced home in March 2016 was $770,000 and a unit one year ago cost $648,000.
Edithvale house prices and rent returns.
- 2 bedroom home $873,000. Rent per week $385.
- 3 bedroom home $920,000. Rent per week $420.
- 4 bedroom home $1,085,000. Rent per week $495.
Edithvale unit prices and rent returns.
- 2 bedroom apartment $670,000. Rent per week $400.
- 3 bedroom apartment $733,000. Rent per week $500.
Real Estate Appraisal and Property Valuation Edithvale
Valuing a home depends on many factors. How close is the house to schools, shops and public transport. We have a database of potential buyers and renters. We arrange for a time that suits you and run through how we appraise a property. We marry the home with our buyer list and see if we hit a match. We also market our properties on all real estate portals, social media platforms, print media and radio. Our goal is to deliver vendors or landlords the best possible return. View our list of recently sold homes in Edithvale.
Edithvale Schools and Shops
There is the Edithvale Primary School. The next closest primary schools are located in Aspendale and Chelsea. The shops are mostly dotted along the Nepean Highway. These shops include bakeries, bike repairs and cake shop. There is an IGA Edithvale store. The closest supermarket is the Aspendale Gardens Shopping Centre.