SOLD
Sold on 23 Jun 2024 for $117,500

101B/71 Riversdale Road
Hawthorn VIC 3122

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
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Property Details for 101b/71 Riversdale Rd, Hawthorn

101b/71 Riversdale Rd, Hawthorn is a 1 bedroom, 1 bathroom Unit and was built in 2006. The property has a floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Hawthorn in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
55m2
Local Government
Boroondara
Lot/Plan
101B/PS539917

Last Listing description (July 2024)

Already returning an outstanding yield and leased for 2024, this one bedroom, one bathroom unit comes with everything a student would need to live comfortably! With cafes, shops, universities and other amenities within a stone's throw, this is the ideal piece of accommodation for students has universities and other educational institutions extremely close by.
Fully furnished featuring a private bathroom, full kitchen with gas cooking and complete inventory of appliances, microwave, cutlery, crockery, TV, bed, study desk with chair and electric wall panel heating. Amazingly this property also comes with a private balcony.

For students only, the impressive yields are sure to please any astute investor.

Competitively priced, this incredible opportunity won't last, as vacancies are down and rental prices increasing.

# Pictures displayed may not be of this property, however, they give the purchaser the opportunity of seeing how these properties can look.

Property History for 101b/71 Riversdale Rd, Hawthorn, VIC 3122

A timeline of how this property has performed in the market
Last Sold
$117,500
23 Jun 2024
  • 23 Jun 2024
    Sold for $117,500
  • 16 Jun 2023
    Listed for Sale Not Disclosed
  • 01 Mar 2016
    Sold for $116,000

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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 16,381 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 35 properties listed for sale, and 22 properties listed for rent in Hawthorn on OnTheHouse. According to CoreLogic's data, 792 properties were sold in the past 12 months in Hawthorn.

Suburb Insights for Hawthorn 3122

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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.