302A/71 Riversdale RoadHawthorn VIC 3122
Property Details for 302a/71 Riversdale Rd, Hawthorn
302a/71 Riversdale Rd, Hawthorn is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 1788m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (May 2025)
Already tenanted until 31/12/2025 and returning $1164pcm, this studio apartment for STUDENTS ONLY is sure to impress investors or parents looking for accommodation for their child while they study.
With cafes, shops, universities and other amenities within a stone's throw, this is the ideal piece of accommodation for students with universities and other educational institutions extremely close by. Fully furnished featuring a private bathroom, kitchenette with gas cooking and complete inventory of appliances, microwave, cutlery, crockery, TV, bed, study desk with chair and electric wall panel heating.
With outdoor entertaining spaces and BBQs there's also the opportunity to relax and have some down time with friends. Inside the complex there's study areas and recreational activities.
The impressive yields are sure to please any astute investor.
Competitively priced, this incredible opportunity won't last, as vacancies are down and rental prices increasing.
# Pictures displayed may not be of this property, however, they give the purchaser the opportunity of seeing how these properties can look.
Property History for 302a/71 Riversdale Rd, Hawthorn, VIC 3122
- 12 Dec 2024Listed for Sale Price alignment at $115-119,000
- 05 Jun 2024Sold for $108,000
- 13 Mar 2024Listed for Sale Not Disclosed
Recent sales nearby
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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 16,746 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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