509/2 Eastern Place, Hawthorn East, VIC 3123 sold on 28 June 2025 | OnTheHouse
SOLD
Sold on 28 Jun 2025 for $115,000

509/2 Eastern Place
Hawthorn East VIC 3123

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 16m2
Land area: 535m2
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Property Details for 509/2 Eastern Pl, Hawthorn East

509/2 Eastern Pl, Hawthorn East is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 535m2 and floor size of 16m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 1 bedroom Unit sold in Hawthorn East in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
16m2
Land Size
535m2
Local Government
Boroondara
Lot/Plan
509/PS538078

Last Listing description (September 2025)

**Inspection by private appointment only**

Seize this exceptional investment opportunity in the heart of vibrant Hawthorn! This unit promises impressive rental returns of approximately $315 per week through to early 2026. Adding to its unique appeal is the rare inclusion of a storage cage on title!

Thoughtfully designed for both students and astute investors, this studio offers a bright and airy living space of the top floor of the building!

Large windows invite abundant natural light, enhancing the comfortable and functional layout. The unit features a well-appointed kitchen and a private bathroom, ensuring convenience and ease of living.

Ideally positioned in a modern student accommodation complex, this property boasts an unbeatable location. Swinburne University is just an 8-minute walk away, with Auburn train station, tram stops, and shopping options all within close reach. Deakin University is accessible via Tram 75 in about 30 minutes, while Melbourne CBD is a quick 20-minute train ride, providing effortless connectivity.

This unit comes with a range of desirable features, a storage cage, a communal laundry, and an entertainment room perfect for unwinding. A spacious shared terrace offers residents a place to relax or socialize, fostering a welcoming community atmosphere. Additionally, extra car parking is available for rent at discounted rates, further enhancing its appeal to both tenants and owners.

With student accommodation in high demand, this property presents a rare blend of location, amenities, and strong investment potential. Don't miss out-contact us today to arrange a private viewing and secure this outstanding opportunity!

Property History for 509/2 Eastern Pl, Hawthorn East, VIC 3123

A timeline of how this property has performed in the market
Last Sold
$115,000
28 Jun 2025
Listed for Rent
$240/w
14 Nov 2022
  • 28 Jun 2025
    Sold for $115,000
  • 27 May 2025
    Listed for Sale $115,000 to $120,000
  • 11 Nov 2024
    Sold for $110,000
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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 13 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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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.