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Sold on 14 Nov 2024 - Price Unavailable

509/2 Eastern Place
Hawthorn East VIC 3123

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 509/2 Eastern Pl, Hawthorn East

509/2 Eastern Pl, Hawthorn East is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Apartment sold in Hawthorn East in the last 12 months.

Building Type
Apartment

Last Listing description (November 2024)

Incredible investment opportunity in the heart of thriving Hawthorn with rental income of $265/week and rising to $315/week approx in the new year!

Situated in a modern student-only accommodation building, this furnished studio is perfect for anyone needing their own space close to campus or savvy investors wanting to buy into this thriving market. Bursting with an abundance of natural light along with a spacious kitchen and your own bathroom, comfort is ensured throughout.

Living in this convenient location means everything you need is within walking distance or only a short trip via public transport. Swinburne University is just an 8-minute walk from your doorstep, as well as all amenities such as shops, trams and Auburn strain station being nearby. Deakin University is around 30 minutes via Tram 75, and Melbourne CBD is about 20 minutes on the train.

This unit offers:
- communal laundry
- entertainment room, great for those days where you need to unwind from the university lifestyle, as well as a large, shared terrace for all residents to relax and enjoy.

Car parking is also available to rent at discounted rates, for residents only.

Call now to secure a private viewing.

Property History for 509/2 Eastern Pl, Hawthorn East, VIC 3123

A timeline of how this property has performed in the market
Last Sold
14 Nov 2024
Listed for Rent
$240/w
14 Nov 2022
  • 11 Nov 2024
    Sold for $110,000
  • 03 Oct 2024
    Listed for Sale UNDER OFFER
  • 21 May 2024
    Listed for Rent $240 / week
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About Hawthorn East 3123

The size of Hawthorn East is approximately 3.5 square kilometres. It has 9 parks covering nearly 7.3% of total area. The population of Hawthorn East in 2011 was 13,101 people. By 2016 the population was 14,306 showing a population growth of 9.2% in the area during that time. The predominant age group in Hawthorn East is 20-29 years. Households in Hawthorn East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hawthorn East work in a professional occupation. In 2011, 59% of the homes in Hawthorn East were owner-occupied compared with 53.1% in 2016.

Hawthorn East has 9,944 properties. Over the last 5 years, Houses in Hawthorn East have seen a 2.76% increase in median value, while Units have seen a -1.61% decrease. As at 30 November 2024:

  • The median value for Houses in Hawthorn East is $2,335,029 while the median value for Units is $662,293.
  • Houses have a median rent of $800 while Units have a median rent of $525.
There are currently 41 properties listed for sale, and 8 properties listed for rent in Hawthorn east on OnTheHouse. According to CoreLogic's data, 499 properties were sold in the past 12 months in Hawthorn east.

Suburb Insights for Hawthorn East 3123

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.