707/616 Glenferrie RoadHawthorn VIC 3122
Property Details for 707/616 Glenferrie Rd, Hawthorn
707/616 Glenferrie Rd, Hawthorn is a 1 bedroom, 1 bathroom Unit and was built in 2011. The property has a land size of 1176m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (March 2024)
With its commanding corner position this immaculate, fully refurbished studio apartment is the perfect investment set in the heart of Hawthorn.
*** PLEASE NOTE THIS PROPERTY IS FOR INVESTMENT ONLY AND NOT FOR OWNER OCCUPATION ***
Leased to until the 30th of May 2026 with 1x5 years and 1x7 years lease options thereafter.
Flooded with natural light from the two walls of floor to ceiling glazed windows, the apartment has a sleek contemporary bathroom, kitchenette with stainless steel appliances, a deep wraparound balcony with views from the CBD to the north and beyond.
Return: $22,352 pa - $430 pw
Lease: 30 May 2026
Options: 1x5 years + 1x7 years
Tenants outgoings:
- Admin Fund Owners Corporation Fees
- Insurance
Owners outgoings:
- Maintenance Fund Owners Corporation Fees
- Water Rates
- Council Rates
Inspection by appointment
Property History for 707/616 Glenferrie Rd, Hawthorn, VIC 3122
- 23 Nov 2023Sold for $295,000
- 10 Nov 2023Listed for Sale Not Disclosed
- 21 Jan 2019Sold for $362,000
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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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