Thinking about buying in Edithvale? Now could not be a better time, with 3845 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,360,000 with prices in this suburb ranging from $307,000 to $6,144,000. Edithvale is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Edithvale Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Edithvale ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Edithvale classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Edithvale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Edithvale we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Edithvale a better buying opportunity than it may have been in the past.

Houses for sale Edithvale

	UNIT 1, 250 NEPEAN HWY, EDITHVALE, VIC, 3196				Contact Agent
	UNIT 6, 235 STATION ST, EDITHVALE, VIC, 3196	3	2	1	$790,000 - $860,000 CLOSE OF DATE OCT 31
	4 BANK RD, EDITHVALE, VIC, 3196	0	0	0	$2,500,000 - $2,600,000
	UNIT 3, 43 EDITHVALE RD, EDITHVALE, VIC, 3196	3	2	2	935000
	319 NEPEAN HWY, EDITHVALE, VIC, 3196	4	2	4	1100000

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General Points of Interest

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