SOLD
Sold on 02 Dec 2024 for $26,400,000

138 Barkers Road
Hawthorn VIC 3122

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 7799m2
Land area: 7802m2
Sold By
GROSS WADDELL
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Property Details for 138 Barkers Rd, Hawthorn

Building Type
Land
Floor Size
7799m2
Land Size
7802m2
Local Government
Boroondara
Lot/Plan
1/PS527947

Last Listing description (August 2023)

Experience a rare gem at 138 Barkers Road, Hawthorn a haven of possibilities for developers, investors, and dream home seekers alike. Encompassing an impressive 7800 sqm in Melbourne's thriving eastern region, this vacant development site beckons with irresistible investment potential.

Developers and investors are met with an enticing opportunity, boasting a permit for 45 residences, enabling a swift transition into action. Whether you're inclined towards a ready-made residential complex or yearning to bring a bespoke vision to life, the canvas is yours to fill. Situated in the heart of Melbourne's sought-after locale, this prime address assures enduring value and potential returns.


For dream home seekers, this property offers a unique platform for creativity and self-expression. Craft your envisioned dwelling, tailor-made to your desires. Moreover, the property's strategic location extends the privilege of easy access to Melbourne's premier private schools, amplifying its desirability.

Beyond its intrinsic charm, the site's coveted setting places it a mere 5 km from Melbourne's bustling CBD. This proximity ensures you can bask in the city's vibrant culture and energy at your convenience.

Whether you're a seasoned developer, a discerning investor, an imaginative dream home builder, or simply seeking a strategic investment near prestigious private schools and the CBD, 138 Barkers Road, Hawthorn stands as an extraordinary opportunity that's not to be overlooked.

Property History for 138 Barkers Rd, Hawthorn, VIC 3122

A timeline of how this property has performed in the market
Last Sold
$26,400,000
02 Dec 2024
  • 02 Dec 2024
    Sold for $26,400,000
  • 21 Aug 2023
    Listed for Sale $33,000,000 to $35,000,000
  • 23 Aug 2019
    Listed for Sale Contact Agent
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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 16,528 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 25 properties listed for sale, and 23 properties listed for rent in Hawthorn on OnTheHouse. According to CoreLogic's data, 828 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.