FOR SALE
$115k ~ $125k

308B/71 Riversdale Road
Hawthorn VIC 3122

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Tranquil student accommodation offering comfort and convenience

This modern student accommodation is perfectly positioned just steps from local tram stops and only a short walk from Hawthorn’s cafes, restaurants, shops and Glenferrie train station. Easy links to the Melbourne CBD add incredible appeal to this impressive property while your future tenants will enjoy secure living with access to a host of amenities.
Securely let for 2025 at approx $330/week!
The studio layout offers one open-plan bedroom, kitchen and living area with inbuilt shelving and storage space. The kitchen is well-equipped with a gas cooktop, a tiled backsplash and space for a small fridge while plenty of overhead cupboards ensure added convenience.
A well-appointed bathroom services the unit plus there’s a communal games/rumpus room and lounge area, separate study desks and a reception which is manned weekday mornings for peace of mind.
The building also has parking spaces available for rent at reduced rates for tenants.
The University of Melbourne and Swinburne University of Technology are nearby and you’re within easy reach of the local IGA, pharmacy, Yarra parklands and the Glenferrie shopping precinct.
Make an offer now to secure this terrific investment unit in this thriving Student Accommodation sector.
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Property Details for 308b/71 Riversdale Rd, Hawthorn

308b/71 Riversdale Rd, Hawthorn is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Viva Property.

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 16,531 properties. Over the last 5 years, Houses in Hawthorn have seen a 6.88% increase in median value, while Units have seen a -3.54% decrease. As at 30 November 2024:

  • The median value for Houses in Hawthorn is $2,630,415 while the median value for Units is $578,792.
  • Houses have a median rent of $795 while Units have a median rent of $520.
There are currently 27 properties listed for sale, and 20 properties listed for rent in Hawthorn on OnTheHouse. According to CoreLogic's data, 822 properties were sold in the past 12 months in Hawthorn.

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