209/616 Glenferrie RoadHawthorn VIC 3122
Property Details for 209/616 Glenferrie Rd, Hawthorn
209/616 Glenferrie Rd, Hawthorn is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 1172m2. While the property is not currently for sale or for rent, it was last transferred in March 2019.
Last Listing description (March 2019)
**INVESTORS ONLY**
Situated a short 6km from the CBD, the suburb of Hawthorn is one of Melbourne's most affluent and blue chip suburbs.
Only 8 years old, complete with large entertainers balcony & situated on Glenferrie Road, with shopping, cosmopolitan cafes, restaurants and night life at your doorstep.
Onsite facilities include Gymnasium, and 2 x communal rooftop terraces.
A unique opportunity to secure a beautiful apartment in an inner Melbourne suburb.
LEASE DETAILS:
Rent: $445 per week ($23,169 per annum)
Return: 7.35% Gross / 6.2% Net
Rent Increases as follows:
30/05/2019 - $24,096 - 7.65% Gross
30/05/2020 - $25,060 - 7.95% Gross
30/05/2021 - Market Review
Lease Terms: Lease to 29/05/2021 plus 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2021)
APPROX OWNER OUTGOINGS:
Approximate Owner Outgoings:
Council Rates: $1052 per annum approx.
Water Rates: $1088 per annum approx.
Body Corporate Administration fee: Paid by tenant
Body Corporate Sinking fund: $1427 per annum approx.
Property History for 209/616 Glenferrie Rd, Hawthorn, VIC 3122
- 06 Mar 2019Transferred
- 31 Jan 2019Listed for Sale Not Disclosed
- 07 May 2011Sold for $345,000
Recent sales nearby
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0About 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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