Property Details for 2 Wallen Rd, Hawthorn
Last Listing description (October 2007)
Four Exceptional Investments in Prime Locations
• 15 and 10 year lease terms to W.D.Rose and Joseph Allison Funerals
• To be sold individually
• Terms: 10% deposit, balance due 27 September 2007
Colliers International is pleased to offer by individual Public Auction four (4) investment properties on long-term leases in quality suburban locations. These properties will suit investors who are looking for passive long-term investments with high underlying land values, that are leased to highly recognisable tenants.
The Properties are located at the following adresses. Each property has an individual Propertylook listing as below:
• Brighton: 139 Marriage Road - Lookup Key 88968
• Cheltenham: 221 Charman Road - Lookup Key 88013
• Essendon: 941 Mt Alexander Road - Lookup Key 88969
• Werribee: 11-13 Greaves Street - Lookup Key 88971
Summary
• 15 and 10 year lease terms to W.D.Rose and Joseph Allison Funerals
• To be sold individually
• Fantastic underlying land values
• Terms: 10% deposit, balance due 27 September 2007
Total Area: 7998 m2
Auction Location: Leonda by the Yarra, 2 Wallen Rd, Hawthorn VIC
Property History for 2 Wallen Rd, Hawthorn, VIC 3122
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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 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 16,747 properties. Over the last 5 years, Houses in Hawthorn have seen a 2.06% increase in median value, while Units have seen a -9.66% decrease. As at 31 March 2026:
- The median value for Houses in Hawthorn is $2,678,743 while the median value for Units is $578,559.
- Houses have a median rent of $995 while Units have a median rent of $550.
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