SOLD
Sold on 20 Mar 2024 for $1,650,000

68-70 Belair Road
Hawthorn SA 5062

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 929m2
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Property Details for 68-70 Belair Rd, Hawthorn

Building Type
Commercial
Land Size
929m2
Local Government
Mitcham
Lot/Plan
A263/F14098

Last Listing description (March 2024)

OCCUPY, REFURBISH OR REDEVELOP (STCC) - PRIME INNER SOUTH LOCATION
Key features
Outstanding exposure

Site Area 929 m2 *
Building area 311 m2*
Ample on-site parking
Good storage
Ideal for owner occupiers, developers and investors
Previously licenced restaurant for 130 people
Offered with Vacant Possession
Zoned Urban Corridor, with development up to 4 levels (stnc),

*All areas/dimensions approximate. All pricing quoted is excluding GST
RLA 205498

Property History for 68-70 Belair Rd, Hawthorn, SA 5062

A timeline of how this property has performed in the market
Last Sold
$1,650,000
20 Mar 2024
Listed for Rent
$1.44k/w
05 Sep 2023
  • 20 Mar 2024
    Sold for $1,650,000
  • 20 Dec 2023
    Listed for Sale Over $1.66m or Lease at $75,000 pa +O/G & GST
  • 04 Sep 2023
    Listed for Rent $75,000 / year
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About Hawthorn 5062

The size of Hawthorn is approximately 1.1 square kilometres. It has 6 parks covering nearly 9.4% of total area. The population of Hawthorn in 2011 was 2,210 people. By 2016 the population was 2,187 showing a population decline of 1.0% in the area during that time. The predominant age group in Hawthorn is 10-19 years. Households in Hawthorn are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Hawthorn work in a professional occupation. In 2011, 72.3% of the homes in Hawthorn were owner-occupied compared with 72.4% in 2016.

Hawthorn has 952 properties. Over the last 5 years, Houses in Hawthorn have seen a 88.48% increase in median value, while Units have seen a 61.63% increase. As at 31 July 2024:

  • The median value for Houses in Hawthorn is $1,771,445 while the median value for Units is $542,771.
  • Houses have a median rent of $740 while Units have a median rent of $400.
There are currently 2 properties listed for sale, and 1 property listed for rent in Hawthorn on OnTheHouse. According to CoreLogic's data, 59 properties were sold in the past 12 months in Hawthorn.

Suburb Insights for Hawthorn 5062

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Raine & Horne Commercial SA
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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.