1/49 Northcliffe Road, Edithvale VIC 3196
1/49 Northcliffe Road, Edithvale VIC 3196
Modern townhouse stock | walkable beach and train | family and downsizer demand | finish level decisive | compact land likely
A genuine edge is held by this townhouse in a bayside pocket where newer infill is tightly held. It is positioned within a short walk of the beach, station, and primary school, in the most practical part of Edithvale for family life and commuter convenience. The configuration is likely to appeal most to downsizers and professional couples wanting a low-maintenance property with contemporary finishes and secure parking, while still offering enough space for a small family. Land size is not the primary strength; the combination of modern presentation, walkability, and lifestyle appeal is what the street is known for. Broad buyer appeal is created, not a niche one.
Value may be influenced by internal finish level, outdoor connections, and parking balance. A compact title might shape the price band more than street appeal. Condition and layout quality should be weighed over land growth; presentation drift might be the main risk, not location.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/49 Northcliffe Road, Edithvale VIC 3196
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Edithvale is a bayside suburb where family-oriented mortgaged owners predominate, with professionals and sales workers the leading occupations. Population rose 8.1% over 2016-21 and household incomes grew 24%, underpinning steady demand. House prices are around $1.3 million, with annual growth ranging from 1.9% to 3.98%; units are firmer at roughly $878,500, up 10.8% annually. Median rents are $720-$735 for houses and $610-$635 for units, while gross yields sit between 2.9% and 3.5%. Only 57-58 houses sold in the past year, a tightly held market. Future growth is supported by a professional demographic and rising incomes; affordability and limited stock remain key constraints.
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PropCred Estimated Value
Comparable Sales: 3/77 Northcliffe Road sold $1.006M; 1/64 Northcliffe Road sold $850K | Property Price Band: $900K-$1M | Value Drivers: condition, layout flow, outdoor space
Bedrooms
4
Bathroom
1
Parking
2
Land
440m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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