12/589-591 Glenferrie Road, Hawthorn, VIC 3122 | Property Value & History | OnTheHouse
OFF MARKET

12/589-591 Glenferrie Road
Hawthorn VIC 3122

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 24m2
Land area: 1264m2
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Property Details for 12/589-591 Glenferrie Rd, Hawthorn

12/589-591 Glenferrie Rd, Hawthorn is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 1264m2 and floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2007
Floor Size
24m2
Land Size
1264m2
Local Government
Boroondara
Lot/Plan
12/PS603497

Last Listing description (May 2023)

Completed in 2008 and comprising 58 boutique apartments, Velocity sits at the edge of the Hawthorn retail shopping precinct opposite the library on Glenferrie Road. The bold architecture, including mansard roof windows on the top level, enhances and complements its elegant surrounds.

Velocity enjoys close proximity and convenience to the Glenferrie Road's iconic restaurants, eateries and cafes, close public transport (both train and tram) the Hawthorn pool and Yarra River.

Located on the ground floor, this modern, bright, semi furnished apartment includes split system heating/cooling, modern kitchen and bright bathroom and now available for sale to an owner occupier or investor. Additional features include rear balcony, security entrance, communal laundry and common area with BBQ.

Perfect location to Swinburne University, Glenferrie Road Shops, tram transport at your doorstep and walking distance to Glenferrie Station.

Car parking is available.

Property History for 12/589-591 Glenferrie Rd, Hawthorn, VIC 3122

A timeline of how this property has performed in the market
Last Sold
$130,000
06 Apr 2023
Listed for Rent
09 Nov 2020
  • 06 Apr 2023
    Sold for $130,000
  • 20 May 2022
    Listed for Sale $150,000
  • 29 Sep 2020
    Listed for Rent $270 / week
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About Hawthorn 3122

The size of Hawthorn is approximately 5.9 square kilometres. There are 29 parks, covering nearly 10.8% of the total area. The population of Hawthorn in 2016 was 23511 people. By 2021 the population was 22322 showing a population decline of 5.1% 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 2021, 51.80% of the homes in Hawthorn were owner-occupied compared with 45.90% in 2016.

Hawthorn has 16,723 properties. Over the last 5 years, Houses in Hawthorn have seen a -6.38% decrease in median value, while Units have seen a -12.07% decrease. As at 31 May 2026:

  • The median value for Houses in Hawthorn is $2,569,943 while the median value for Units is $573,968.
  • Houses have a median rent of $1,050 while Units have a median rent of $550.
There are currently 34 properties listed for sale, and 20 properties listed for rent in Hawthorn on OnTheHouse. According to Cotality's data, 763 properties were sold in the past 12 months in Hawthorn.

Suburb Insights for Hawthorn 3122

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.