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.
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:
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