420/2 Eastern Place, Hawthorn East, VIC 3123 | Apartment for sale | OnTheHouse
 
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420/2 Eastern Place
Hawthorn East VIC 3123

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Stylish Hawthorn East Apartment with Exceptional 11%+ Rental Return

Introducing 420/2 Eastern Place, Hawthorn East — an outstanding opportunity for investors seeking strong returns, long-term stability, and a premium blue-chip location.
Currently leased at $320 per week, this well-maintained apartment delivers a pure rental yield exceeding 11%, making it one of the most compelling investment options in the area. The tenant is exceptionally reliable, with a secure lease in place until March 2026, providing guaranteed income and peace of mind from day one.
Excellent Transport Connectivity
• Auburn Station – just a short walk for easy access to the CBD
• Close proximity to Camberwell Station and major tram routes (including Route 70 & 75)
• Quick access to Burke Road, Riversdale Road, and major arterial links
Education Hub
Surrounded by top-tier educational institutions, making the area highly sought-after for students and professionals:
• Swinburne University of Technology – minutes away
Lifestyle & Recreation
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Property Details for 420/2 Eastern Pl, Hawthorn East

420/2 Eastern Pl, Hawthorn East is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Professionals First & Co.

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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Andy Su
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Vanessa Cao
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Professionals First & Co
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