493 Tooronga RoadHawthorn East VIC 3123
Property Details for 493 Tooronga Rd, Hawthorn East
Last Listing description (June 2019)
GormanKelly is pleased to offer 493 Tooronga Road, Hawthorn East, for sale by auction on Wednesday 19th June at 12 pm on-site.
The property offers a hassle free and secure investment, we believe the most outstanding aspects of this property include:
- Single level modern retail premises
- Securely leased on a new 5-year term
- Currently returning $40,019 net pa plus GST
- Commercial 1 Zoning
- Brand newly upgraded building and high-quality tenant fit-out
- Great location within the heart of Hawthorn Easts shopping village close to trams and local school & university campus
493 Tooronga Road, Hawthorn East is located on the western side of Tooronga Road near the corner of Currajong Road and is located approximately 12km* east of the Melbourne CBD within the municipality of the Boroondara City Council. Tooronga Road is an arterial road that runs from Hawthorn East through to Malvern East.
Property History for 493 Tooronga Rd, Hawthorn East, VIC 3123
- 19 Jun 2019Sold for $850,000
- 20 May 2019Listed for Sale Contact Agent
- 25 Aug 2005Sold for $275,000
Recent sales nearby
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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 10,015 properties. Over the last 5 years, Houses in Hawthorn East have seen a -12.82% decrease in median value, while Units have seen a -2.48% decrease. As at 31 July 2026:
- The median value for Houses in Hawthorn East is $2,215,642 while the median value for Units is $682,630.
- Houses have a median rent of $1,100 while Units have a median rent of $590.
Suburb Insights for Hawthorn East 3123
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