4/222 Station Street Edithvale VIC 3196

4/222 Station Street Edithvale VIC 3196
Two-bedroom townhouse | Station Street edge | flat-apartment format | school zone | balcony and carport This property occupies a narrow but functional position in the Edithvale market. The two-bedroom, one-bathroom townhouse format, with a balcony, dishwasher, ducted heating, and a carport, is a compact but complete package that suits first-home buyers, downsizers, or investors targeting the lower end of the suburbโ€™s price spectrum. Its location in the Kingston LGA, within the Edithvale Primary School and Mordialloc College zones, adds a demographic anchor that supports steady demand. The reliable NBN and 5G coverage are supporting conveniences, not primary drivers, but they do remove a common objection for remote workers. The unitโ€™s edge lies in its simplicity: it offers a turnkey residential proposition in a suburb where detached housing is increasingly out of reach for this buyer profile. The best use is as a long-hold rental or owner-occupied starter home. The primary risk is the lack of recent comparable sales data and the valuation spread across sources, which signals that the market has not yet settled on a clear price for this unit. The combined listing with 4/222-223 Station Street on a 539mยฒ lot introduces ambiguity about land title and body corporate costsโ€”a buyer must verify strata or subdivision details before exchange. The 2011 sale price is too distant to anchor current value, and the absence of floor plans or photos limits due diligence. The opportunity is that the current asking range of $585,000โ€“$625,000 sits below several automated estimates, which may reflect a motivated vendor or a pricing gap worth negotiating. Hold this property as a low-maintenance rental or live in it for three to five years, then reassess.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Edithvale presents as a stable, family-oriented coastal suburb experiencing steady demand from established professionals. This demographic is driving a resilient market, with house prices demonstrating consistent, moderate growth while the unit segment shows stronger recent momentum. Rental yields remain modest, though rising rents indicate solid tenant demand. Future growth is underpinned by its enduring appeal to owner-occupiers, though the market’s sensitivity to broader economic conditions represents a key consideration for prospective buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

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