94 Lochiel Avenue, Edithvale VIC 3196
94 Lochiel Avenue, Edithvale VIC 3196
4 bedrooms, 2 bathrooms, 2 car spaces on 869sqm. A single-storey main house with a separate two-storey rear studio. The land size and studio configuration are the property’s sharpest signals, setting it apart from typical suburban stock in a family-oriented, beachside corridor.
The studio is the property’s strongest competitive advantage, offering genuine separation of living or income potential rarely found on a lot of this size. The land itself is larger than the suburb’s typical holding, which positions the property well for families needing space or investors seeking yield through the studio’s rental income. The main house retains original character, which suits buyers wanting a project or a home with established bones rather than a full renovation. The property sits in a quiet, established street with good access to the new station and beach, making it most suitable for families who value space, school catchments, and transport without sacrificing a suburban feel.
The older main house may require attention to roofing, plumbing, or electrical systems, which could affect renovation budgets or immediate occupancy costs. The studio’s modern finish might not match the main house’s era, creating a stylistic disjunction that some buyers may weigh when considering overall cohesion. The lot’s size and zoning may support future subdivision or further development, but this depends on council policy and site constraints that are not confirmed. Aspect is not explicit, so natural light and garden orientation should be verified on inspection. These factors may influence how the property is priced relative to its potential rather than its current condition.
Detailed Independent Property Report prepared by PropCred Analyst team for 94 Lochiel Avenue, Edithvale VIC 3196
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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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
4
Bathroom
2
Parking
2
Land
869m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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