56/589-591 Glenferrie RoadHawthorn VIC 3122
Property Details for 56/589-591 Glenferrie Rd, Hawthorn
56/589-591 Glenferrie Rd, Hawthorn is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 1264m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
Last Listing description (April 2024)
Stroll to Swinburne Uni from this investment gem
Student Accommodation / Lucrative investment with gross yield over 7%
Basking in the extra sunlight and generous proportions created by a stylish double-level configuration, savvy investors will see the many benefits that come paired with this two bedroom plus study apartment. A private hideaway from the hustle and bustle of Glenferrie Road with its exciting dining scene and handy trams, there is a bedroom and living space on each level. Featuring a well-appointed kitchen, spacious bathroom, living room and bedroom with balcony on the first level, upstairs reveals a large study and separate bedroom.
Only metres from Swinburne University, study is made easy with Hawthorn Library just across the road. Stay fit at the Hawthorn Aquatic and Leisure Centre, walk to all your shopping needs and jump on the train for a quick trip into the city.
- A great investment opportunity in a high-demand area
- Only metres from Swinburne University
- Across from Hawthorn Library
- Tram at the door
- A two level apartment with two bedrooms and a study
- Well-appointed kitchen through to a living room
- Spacious bathroom
- Balcony off one bedroom
- Stroll to the train, Glenferrie Road eateries and the Hawthorn Aquatic and Leisure Centre
Property History for 56/589-591 Glenferrie Rd, Hawthorn, VIC 3122
- 14 Jan 2024Sold for $220,000
- 27 Mar 2023Listed for Sale $220,000 - $240,000
- 28 Jun 2022Listed for Rent $350 / week
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 16,727 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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