Edithvale is a mid-sized suburb in Victoria within the Kingston (Vic.) local government area (postcode 3196). With a population of 6,276, the suburb has an established demographic with a median age of 40. Households earn a median income of $109K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Edithvale is $1.3 million, having increased 3.1% over the past year. Units have a median price of $800,000 (-7.5% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,167.
Edithvale is served by 1 school, including 1 primary. The average ICSEA score is 1100, which is well above the national average of 1,000. Public transport access includes 15 rail stations, 15 bus stops. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Edithvale offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 12.0x is considered stretched. House prices have moved +3.1% year-on-year.
Edithvale is a mid-sized suburb in Victoria within the Kingston (Vic.) local government area (postcode 3196). With a population of 6,276, the suburb has an established demographic with a median age of 40. Households earn a median income of $109K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Edithvale is $1.3 million, having increased 3.1% over the past year. Units have a median price of $800,000 (-7.5% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,167.
Edithvale is served by 1 school, including 1 primary. The average ICSEA score is 1100, which is well above the national average of 1,000. Public transport access includes 15 rail stations, 15 bus stops. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Edithvale offers a gross rental yield of 2.2%, rated as low yield. Property prices are above the state median ($1.3M/$875K), placing it in the premium segment. The price-to-income ratio of 12.0x is considered stretched. House prices have moved +3.1% year-on-year.