302A/71 Riversdale RoadHawthorn VIC 3122
Property Details for 302a/71 Riversdale Rd, Hawthorn
302a/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.
Last Listing description (July 2024)
Already returning an excellent yield, this studio, one bathroom student accommodation unit is an excellent little investment! With cafes, shops, universities and other amenities within a stone's throw, this is the ideal piece of accommodation for students with 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.
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 are 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 302a/71 Riversdale Rd, Hawthorn, VIC 3122
- 05 Jun 2024Sold for $108,000
- 13 Mar 2024Listed for Sale Not Disclosed
- 29 Mar 2022Sold for $110,000
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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.
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