402/616 Glenferrie RoadHawthorn VIC 3122
Property Details for 402/616 Glenferrie Rd, Hawthorn
Last Listing description (February 2026)
Positioned in the heart of Hawthorn, this well-appointed studio apartment presents a compelling investment opportunity underpinned by long-term income security. Located within a well-maintained, secure building, the apartment is fully self-contained and designed for low-maintenance ownership.
The modern kitchenette is fitted with quality stainless steel appliances, including a gas cooktop, dishwasher, microwave and refrigerator, complemented by contemporary finishes throughout. Residents also benefit from access to a fully equipped on-site gym, enhancing the appeal to long-term occupants.
Surrounded by Hawthorn's renowned retail and café strip and with immediate access to public transport, the location continues to attract consistent demand. The property is securely leased to Quest Apartments on a long-term arrangement, delivering $20,501.80 per annum from 30 May 2026 to 29 May 2031, with fixed 4% annual rental increases, making it an ideal option for investors seeking stable, predictable returns - including SMSF and long-term portfolio strategies.
Features include:
* Secure building with intercom-controlled entry
* Long-term lease with fixed 4% annual rental growth
* Contemporary kitchenette with gas cooktop and dishwasher
* Access to on-site gym facilities
* Guaranteed rental income under professional management
* Prime position within Hawthorn's retail and café precinct
* Excellent public transport connectivity at the doorstep
Be quick to enquire!
Property History for 402/616 Glenferrie Rd, Hawthorn, VIC 3122
- 19 Feb 2026Sold for $130,000
- 21 Jan 2026Listed for Sale Contact Agent
- 25 Sep 2023Listed for Sale $340,000 plus GST
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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 16,723 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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