FOR SALE
$89,000 - $97,000

206/1-5 Queens Avenue
Hawthorn VIC 3122

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Perfect addition to your investment portfolio

Presenting an outstanding and highly affordable investment opportunity with an attractive rental return! This low-maintenance, student-focused studio apartment at 206/1-5 Queens Avenue, Hawthorn, is currently yielding approximately $999 per month, making it an appealing choice for savvy investors.
Thoughtfully designed, this compact apartment includes 1 bedroom, 1 bathroom, and a fully equipped kitchen, offering everything needed for a straightforward investment. The open-plan layout seamlessly blends sleeping, living, and dining spaces, creating a welcoming and versatile environment. The kitchen is equipped with ample storage cupboards and a two-burner gas stove top, perfect for simple meal preparation, while a wall heater ensures year-round coziness.
The well-appointed bathroom includes a shower, vanity, and toilet, with modern fixtures and finishes. Residents also enjoy a range of communal facilities, such as a convenient laundry room, secure bike storage, a shared common room, a large balcony with seating, and an on-site gym—providing both convenience and a sense of community.
Located just 200 meters from Swinburne University, this apartment is within easy walking distance of the bustling shops, cafes, and public transport along Glenferrie Road. With its prime location, strong rental yield, and extensive amenities, this property is a rare find for investors looking to add a solid, reliable asset to their portfolio.
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist
Disclaimer:
While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. We, therefore, do not accept responsibility for its accuracy and strongly advise all interested parties to obtain independent advice and make their own inquiry before proceeding.
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Property Details for 206/1-5 Queens Ave, Hawthorn

206/1-5 Queens Ave, Hawthorn is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ristic Real Estate.

Building Type
Apartment

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About Hawthorn 3122

The size of Hawthorn is approximately 5.9 square kilometres. It has 29 parks covering nearly 10.8% of total area. The population of Hawthorn in 2011 was 21,177 people. By 2016 the population was 23,512 showing a population growth of 11.0% in the area during that time. The predominant age group in Hawthorn is 20-29 years. Households in Hawthorn are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hawthorn work in a professional occupation. In 2011, 47.6% of the homes in Hawthorn were owner-occupied compared with 45.9% in 2016.

Hawthorn has 16,403 properties. Over the last 5 years, Houses in Hawthorn have seen a 14.40% increase in median value, while Units have seen a 3.58% increase. As at 31 October 2024:

  • The median value for Houses in Hawthorn is $2,623,116 while the median value for Units is $592,356.
  • Houses have a median rent of $800 while Units have a median rent of $520.
There are currently 38 properties listed for sale, and 19 properties listed for rent in Hawthorn on OnTheHouse. According to CoreLogic's data, 791 properties were sold in the past 12 months in Hawthorn.

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Kaan Ristic
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Giovanni Pauls
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Ristic Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.