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Sold on 28 Aug 2024 - Price Unavailable

34 Auburn Road
Hawthorn VIC 3122

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1283m2
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CBRE Melbourne
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Property Details for 34 Auburn Rd, Hawthorn

Building Type
Land
Land Size
1283m2
Local Government
Boroondara
Lot/Plan
1/TP823077

Last Listing description (September 2024)

CBRE is offering for sale via auction this prized investment opportunity, situated in one of Melbournes most desirable suburbs at 34 Auburn Road, Hawthorn.Key details include:+ Substantial complex of 15 residential units, providing an opportunity to refurbish, extend or redevelop (STCA)+ The property provides an opportunity to capitalise on Melbournes surging residential market and substantially increase the rents through value-add enhancement and leasing strategies + 1,283sqm* corner landholding with extensive street exposure to one of Hawthorns most well known streets and on-site car parking for each unit + Each unit comprises a 2 bedroom residence with kitchen, lounge and bathroom accommodation+ Positioned within a premier blue ribbon residential market, close prestigious inner-city suburbs with median house prices ranging from $1.5-$2.6million^+ Surrounded by high-quality education institutions, including Swinburne University's established & expanding campus, in addition to elite and highly desirable private schools, including Scotch College, Carey Grammar, Trinity Grammar, MLC, Camberwell Girls' School and Xavier College+ Excellent connectivity provided by immediate access to public transport networks via nearby Auburn Train Station and trams + the wider bus network Contact CBRE for more information and to organise an inspection. Scott Hawthorne+61 400 861 048scott.hawthorne@cbre.com.auNathan Mufale+61 421 224 354nathan.mufale@cbre.com.auDavid Minty+61 422 564 199david.minty@cbre.com.auCBRE Asian Services Desk:Jing Jun (JJ) Heng ()+61 411 059 116 ()jj.heng@cbre.com ()jheng1206 ()*Denotes Approx.^REIV

Property History for 34 Auburn Rd, Hawthorn, VIC 3122

A timeline of how this property has performed in the market
Last Sold
28 Aug 2024
Listed for Rent
$340/w
01 Dec 2015
  • 28 Aug 2024
    Sold
  • 26 Jul 2024
    Listed for Sale Not Disclosed
  • 17 Oct 2023
    Listed for Rent $420 / week
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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 16,516 properties. Over the last 5 years, Houses in Hawthorn have seen a 23.81% increase in median value, while Units have seen a 0.29% increase. As at 31 August 2024:

  • The median value for Houses in Hawthorn is $2,644,148 while the median value for Units is $567,437.
  • Houses have a median rent of $850 while Units have a median rent of $500.
There are currently 39 properties listed for sale, and 20 properties listed for rent in Hawthorn on OnTheHouse. According to CoreLogic's data, 831 properties were sold in the past 12 months in Hawthorn.

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