All About Edithvale, Kingston (Vic.), VIC, 3196

Edithvale, located in the City of Kingston, Victoria, is a charming coastal suburb that boasts a desirable housing market known for its picturesque surroundings and family-friendly atmosphere. The housing market in Edithvale has been gaining steady attention due to its appealing blend of suburban tranquility and convenient access to urban amenities. With its close proximity to the stunning Edithvale Beach, the area attracts homebuyers and investors looking for properties that offer both lifestyle and investment potential. The market primarily consists of standalone homes, townhouses, and some modern apartments, catering to a diverse range of buyers. The suburb's property values have seen moderate appreciation, driven by demand from families and professionals seeking a peaceful setting with good connectivity to Melbourne’s CBD, which is only about a 45-minute drive away.

Living in Edithvale offers residents a laid-back coastal lifestyle with the advantage of being part of a friendly and tight-knit community. The area's appeal lies in its beautiful beach, which serves as a focal point for recreational activities and leisurely weekends. Local parks, such as Edithvale Recreation Reserve, provide green spaces for outdoor activities and sports, further enhancing the community-oriented vibe. The suburb has a selection of schools, shops, and cafes, meeting the everyday needs of its residents while retaining a relaxed village feel. Public transport is easily accessible, with the Edithvale train station offering direct services to Melbourne. Overall, Edithvale delivers a balanced lifestyle with the serenity of a beachside suburb while providing essential amenities and a welcoming community atmosphere.

Edithvale Real Estate Market Outlook

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.

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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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