308/616 Glenferrie RoadHawthorn VIC 3122
Property Details for 308/616 Glenferrie Rd, Hawthorn
Last Listing description (August 2013)
Quality Investment with Guaranteed Rental Income
Situated to the Eastern side of Glenferrie Road in the vibrant lifestyle and entertaining precinct, this apartment is close to everything you could desire. Within walking distance to Swinburne University this apartment is close to shopping, schools and nightlife. The local shops sell the latest fashion and there is a huge array of international cuisine and fresh food. With an abundance of car parking and public transport at your doorstep Glenferrie Road offers locals easy access to an enviable lifestyle.
This is a rare opportunity for the astute investor to secure not only a sensational investment property, but also an extremely resalable property. Enjoy guaranteed rental income, fixed annual increases and comprehensive and professional property management. This investment has solid credentials all set to a stunning city backdrop.
Onsite there is a caf?/bar/restaurant on the Ground Floor and formal serviced apartment entrance foyer, reception and lobby. The building incorporates two basement levels of car parking, gymnasium, communal laundry facilities on every level and two communal terrace spaces with views
Call now for more information 03 9863 7300 or 0403 048 633
Property History for 308/616 Glenferrie Rd, Hawthorn, VIC 3122
- 12 Jul 2013Sold for $400,000
- 22 May 2013Listed for Sale 409000
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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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