303/2 Eastern Place, Hawthorn East, VIC 3123 | Property Value & History | OnTheHouse
FOR SALE

303/2 Eastern Place
Hawthorn East VIC 3123

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 535m2
This property is currently on the market
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Property Details for 303/2 Eastern Pl, Hawthorn East

303/2 Eastern Pl, Hawthorn East is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 535m2 and floor size of 56m2.This Property is currently listed for sale with Viva Property

Building Type
Unit
Year Built
2007
Floor Size
56m2
Land Size
535m2
Local Government
Boroondara
Lot/Plan
303/PS538078

Last Listing description (January 2026)

An excellent opportunity to secure a low-maintenance investment within a well-established student-only accommodation complex in the heart of Hawthorn.

Tenancy already locked in through to 2027 with rental increasing to $325/week

This furnished studio apartment delivers a consistently strong rental return typical of this tightly held building, making it an attractive option for investors seeking reliable income in a high-demand university precinct.

The studio layout is practical and well proportioned, offering plenty of natural light, a functional kitchenette, private bathroom, and a comfortable living and study space suited to modern student living.

Positioned for absolute convenience, the property is just an easy walk to Swinburne University, with shops, cafes, tram services and Auburn train station all close by. Deakin University is readily accessible via Tram 75, while the Melbourne CBD is approximately 20 minutes away by train.

Residents enjoy access to a range of shared facilities including:

- Communal laundry
- Secure bicycle storage
- Entertainment and common room
- Large shared terrace
- On-site car parking available for rent at discounted resident rates
- Student-only accommodation
- Great tenant already in place until January 2027

With strong ongoing demand in this location and a proven rental profile across the complex, this is a solid addition to any investment portfolio.

Contact us today for further details.

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Disclaimer: Some images are digitally edited and contain styled furniture for display purposes only.
We have, in preparing this document, used our best endeavours to ensure that the information contained is accurate. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria.

Property History for 303/2 Eastern Pl, Hawthorn East, VIC 3123

A timeline of how this property has performed in the market
Last Sold
$145,000
12 Nov 2011
Listed for Rent
$265/w
26 Oct 2023
  • 31 Jan 2026
    Listed for Sale $120k ~ $130k
  • 26 Oct 2023
    Listed for Rent $265 / week
  • 29 Mar 2022
    Listed for Rent $200 / week
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About Hawthorn East 3123

The size of Hawthorn East is approximately 3.5 square kilometres. It has 9 parks covering nearly 7.3% of total area. The population of Hawthorn East in 2016 was 14321 people. By 2021 the population was 14834 showing a population growth of 3.6% in the area during that time. The predominant age group in Hawthorn East is 20-29 years. Households in Hawthorn East are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Hawthorn East work in a professional occupation.In 2021, 57.80% of the homes in Hawthorn East were owner-occupied compared with 53.10% in 2016.

Hawthorn East has 9,998 properties. Over the last 5 years, Houses in Hawthorn East have seen a 7.86% increase in median value, while Units have seen a 4.52% increase. As at 31 January 2026:

  • The median value for Houses in Hawthorn East is $2,522,799 while the median value for Units is $714,882.
  • Houses have a median rent of $755 while Units have a median rent of $560.
There are currently 30 properties listed for sale, and 12 properties listed for rent in Hawthorn east on OnTheHouse. According to Cotality's data, 538 properties were sold in the past 12 months in Hawthorn east.

Suburb Insights for Hawthorn East 3123

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.