SOLD
Sold on 04 Apr 2024 for $101,500

411/1-5 Queens Avenue
Hawthorn VIC 3122

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 540m2
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Property Details for 411/1-5 Queens Ave, Hawthorn

411/1-5 Queens Ave, Hawthorn is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 540m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Hawthorn in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
54m2
Land Size
540m2
Local Government
Boroondara
Lot/Plan
411/PS524374

Last Listing description (May 2024)

Presenting an appealing investment opportunity for both novices and seasoned investors, this modern one-bedroom student apartment is strategically located near Swinburne University and the lively Glenferrie Road shopping district.

Nestled within a cosy boutique complex, this fully-furnished property is currently under a secure lease until 2025, generating monthly returns of $1151. With its outstanding location and desirable features, renewing the lease upon expiration is expected to be seamless. It also has a titled car park that can be leased out separately. It has an estimated rental return of $90pcm further enhancing the monthly yield.

The apartment itself is flooded with natural light and features a compact yet functional kitchenette, a bedroom with ample storage, a well-appointed bathroom, and secure intercom entry.

Additionally, residents enjoy access to shared amenities, including a laundry, bike storage, and both indoor and outdoor communal spaces.

Benefiting from a prime location, the apartment provides convenient access to a plethora of amenities such as diverse dining options, cafes, bars, Coles supermarket, and Lido Cinemas on Glenferrie Road. Central Gardens, eateries along Burwood Road, Auburn Village, Camberwell Junction, tram services, and the Auburn and Glenferrie Train Stations are all within walking distance, enhancing the overall appeal of this property.

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Property History for 411/1-5 Queens Ave, Hawthorn, VIC 3122

A timeline of how this property has performed in the market
Last Sold
$101,500
04 Apr 2024
Listed for Rent
$245/w
22 Nov 2022
  • 04 Apr 2024
    Sold for $101,500
  • 06 Mar 2024
    Listed for Sale $109,500
  • 22 Nov 2022
    Listed for Rent $245 / 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 16,526 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 24 properties listed for sale, and 17 properties listed for rent in Hawthorn on OnTheHouse. According to CoreLogic's data, 812 properties were sold in the past 12 months in Hawthorn.

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