401/2 Eastern Place, Hawthorn East, VIC 3123 | Property Value & History | OnTheHouse
OFF MARKET

401/2 Eastern Place
Hawthorn East VIC 3123

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 535m2
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Property Details for 401/2 Eastern Pl, Hawthorn East

401/2 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. While the property is not currently for sale or for rent, it was last sold in January 2025.

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

Last Listing description (July 2026)

Dont miss this incredible investment opportunity in the heart of thriving Hawthorn! This student-only unit not only offers strong rental returns of $335/week approx thru 2025, but also comes with the highly sought-after addition of a car space on title - a rare feature that sets this property apart from others in the building.

Perfectly designed for students or savvy investors, this furnished studio boasts an abundance of natural light, a spacious kitchen, and your own private bathroom, ensuring a comfortable and practical living space.

Prime Location:

Situated in a modern student accommodation building, this unit is just an 8-minute walk to Swinburne University, with Auburn train station, trams, and shops all within easy reach. Deakin University is accessible via Tram 75 in around 30 minutes, and Melbourne CBD is only a 20-minute train ride away.

Features Include:

- Secure car space on title
- Storage cage
- Communal laundry
- Entertainment room for unwinding after a busy day
- Large shared terrace for relaxing or socialising with fellow residents

Additional car parking is also available to rent at discounted rates for residents, making this unit even more appealing to tenants or owners alike.

With rental demand in student accommodation at an all-time high, this property offers a rare combination of location, features, and returns. Contact us today to arrange a private viewing and secure this unique investment opportunity.

Property History for 401/2 Eastern Pl, Hawthorn East, VIC 3123

A timeline of how this property has performed in the market
Last Sold
$115,000
19 Jan 2025
Listed for Rent
$265/w
01 Nov 2023
  • 19 Dec 2025
    Listed for Rent $325 / week
  • 11 Feb 2025
    Listed for Rent $315 / week
  • 19 Jan 2025
    Sold for $115,000
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About Hawthorn East 3123

The size of Hawthorn East is approximately 3.5 square kilometres. There are 9 parks, covering nearly 7.3% of the 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 9,996 properties. Over the last 5 years, Houses in Hawthorn East have seen a -7.53% decrease in median value, while Units have seen a -3.47% decrease. As at 31 May 2026:

  • The median value for Houses in Hawthorn East is $2,297,451 while the median value for Units is $678,900.
  • Houses have a median rent of $1,050 while Units have a median rent of $590.
There are currently 28 properties listed for sale, and 12 properties listed for rent in Hawthorn east on OnTheHouse. According to Cotality's data, 519 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.