314b/71 Riversdale Rd, Hawthorn is a 1 bedroom, 1 bathroom Unit and was built in 2005. The property has a land size of 1788m2 and floor size of 18m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 1 bedroom Unit sold in Hawthorn in the last 12 months.
Positioned in the heart of Hawthorn's thriving university precinct, Unit 314B presents an affordable opportunity to secure a fully furnished student accommodation investment within easy walking distance of Swinburne University.
Currently returning $1,434 per month, the apartment offers an established rental income together with the convenience of a furnished, low-maintenance studio configuration. Its proximity to the university, public transport and Glenferrie Road's extensive selection of shops, supermarkets, cafs and restaurants makes it ideally positioned for the student rental market.
The studio features a practical open-plan layout incorporating living, sleeping and study areas, complemented by a private ensuite bathroom and equipped kitchenette. Furniture, whitegoods and television are included in the sale, providing a ready-made accommodation package for future occupants.
Features Include:
* Currently rented for $1,434 per month
* Fully furnished studio apartment
* Private ensuite bathroom
* Equipped kitchenette
* Study desk and chair
* Whitegoods and television included
* Secure building access
* Communal laundry facilities
* Shared resident common areas
* On-site management
* Secure parking options available
* Walking distance to Swinburne University
* Excellent access to trains, trams and buses
* Moments from Glenferrie Road shopping, cafs and restaurants
With an existing rental return, convenient location and established student accommodation facilities, this is an attractive opportunity for buyers seeking an affordable investment in one of Melbourne's best-known education precincts.
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 16,844 properties. Over the last 5 years, Houses in Hawthorn have seen a -8.89% decrease in median value, while Units have seen a -10.07% decrease. As at 31 July 2026:
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