306B/71 Riversdale RoadHawthorn VIC 3122
Property Details for 306b/71 Riversdale Rd, Hawthorn
306b/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 20m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 1 bedroom Unit sold in Hawthorn in the last 12 months.
Last Listing description (June 2026)
Delivering an impressive 11% gross rental yield, this fully managed student investment apartment offers a true set-and-forget income opportunity.
Currently rented at $1,325 per month, this property combines strong returns with peace of mind, thanks to expert management by UniLodge - one of Australia's leading student accommodation providers.
Located in the heart of Hawthorn, just a short walk to Swinburne University of Technology, UniLodge on Riversdale provides students with unbeatable convenience and lifestyle benefits. With trams at your doorstep, Hawthorn and Glenferrie train stations nearby, and the vibrant Glenferrie Road precinct just minutes away, this location ensures excellent connectivity and year-round rental demand.
The apartment comes fully furnished and features:
- Modern kitchenette with gas cooking, microwave, and ample storage
- LCD TV, study desk and chair, and secure electronic access
- Access to shared common areas and on-site laundry facilities
Outgoings:
- Council Rates: approx. $450 p.a.
- Owners Corporation Fees: approx. $2,400 p.a.
UniLodge's professional on-site management guarantees consistent occupancy, professional tenant care, and maximised returns - ideal for investors seeking low-maintenance property ownership in a high-demand student area.
Don't miss this rare opportunity to secure a high-yield student investment in one of Melbourne's most sought-after education hubs.
The Phone Code for this property is: 46017. Please quote this number when phoning or texting.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Property History for 306b/71 Riversdale Rd, Hawthorn, VIC 3122
- 12 May 2026Sold for $127,000
- 07 Nov 2025Listed for Sale $130,000
- 20 Nov 2015Sold for $120,000
Recent sales nearby
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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 16,722 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.
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