309/2 Eastern Place, Hawthorn East, VIC 3123 | Apartment for sale | OnTheHouse
 
FOR SALE
$125,000 to $135,000

309/2 Eastern Place
Hawthorn East VIC 3123

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Furnished Investment Gem Near Swinburne University (Student Accomodation)

Seize this standout opportunity to secure a high-performing, fully furnished apartment in the heart of Hawthorn's thriving education precinct. Generating $315 per week in rental income, this is a smart, set-and-forget asset for savvy investors. Built in 2006 and opened in 2007, the property boasts enduring appeal, strong returns, and exceptional convenience for student tenants. Inside, the secure studio is thoughtfully appointed with intercom entry, electric heating, a single bed, study area with desk and chair, sleek bathroom, and a fully equipped kitchen featuring gas cooking, microwave, fridge, crockery, and cutlery. A colour TV is also included for added comfort.
Residents enjoy access to premium shared facilities including a communal lounge, laundry, and bicycle storage, while optional secure off-street parking adds even more value.
Perfectly positioned just a short stroll to Swinburne University, Glenferrie shops, major tram routes, and train stations-with the Melbourne CBD just 20 minutes away.
Features Include:
* Incredible Return on your dollar
* Fully furnished with kitchen, study desk, and bed
* Secure intercom entry and communal facilities
* Gas cooking, electric heating, and stylish bathroom
* Tram and train access within minutes' walk
* Close proximity to Swinburne University
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Property Details for 309/2 Eastern Pl, Hawthorn East

309/2 Eastern Pl, Hawthorn East is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with G & H Property Group.

Building Type
Apartment
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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 2016 was 14321 people. By 2021 the population was 14834 showing a population growth of 3.6% in the area during that time. The predominant age group in Hawthorn East is 20-29 years. Households in Hawthorn East are primarily childless couples 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 2021, 57.80% of the homes in Hawthorn East were owner-occupied compared with 53.10% in 2016.

Hawthorn East has 10,001 properties. Over the last 5 years, Houses in Hawthorn East have seen a 9.63% increase in median value, while Units have seen a 6.69% increase. As at 31 October 2025:

  • The median value for Houses in Hawthorn East is $2,506,303 while the median value for Units is $709,334.
  • Houses have a median rent of $730 while Units have a median rent of $550.
There are currently 29 properties listed for sale, and 9 properties listed for rent in Hawthorn east on OnTheHouse. According to Cotality's data, 521 properties were sold in the past 12 months in Hawthorn east.

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Gavin Zeitz
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Luke Carlson
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G & H Property Group
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