Back 102b/71 Riversdale Road
Off Market

102b/71 Riversdale Road

Hawthorn VIC 3122

1
1
Apartment
Gavin ZeitzGavin Zeitz, last sold this property on 18 August 2025 after 47 days on market.

Overview

High-Yield Student Apartment – 10% Return Potential

This fully self-contained studio in the heart of Hawthorn offers an exceptional investment opportunity, currently leased at $1,304 per month and generating a strong 10% pocket return. Perfectly suited for investors seeking immediate income with minimal upkeep, this apartment is just minutes from Swinburne University, public transport, shops, and cafes. Designed for convenience and comfort, the property features a combined bedroom/lounge/dining area, private balcony, full en suite bathroom, and a dedicated study space. It comes fully furnished, including all white goods and a television, offering a ready-to-go rental package. Located within a secure UniLodge-managed building, the complex also includes an onsite manager, laundromat, and communal facilities. Features Include: * Fully furnished studio with private balcony * Full en suite bathroom and equipped kitchenette * Study desk and chair included * All white goods and TV included in sale * Laundromat, stairways, and onsite manager * Close to Swinburne Uni, transport, shops, cafes * Currently leased at $1,304/month * Approx. 10% gross return Enquire now and secure this high-performing investment in a top Hawthorn location!

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Hawthorn over the last 12 months, the estimated median property value of 102b/71 Riversdale Road is $366.25k.

Median value
$366.25k
Estimated value range
$99k - $605k
Median days on market
27
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Hawthorn. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 102b/71 Riversdale Road

2025
Sold
Undisclosed
18 Aug 2025 by Gavin Zeitz, of G&H Property Group

Happy sellers in Hawthorn

80%
80% of sellers in Hawthorn reported that their sale price either exceeded or met their price expectations.

Hawthorn stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Hawthorn over the last 12 months.

Local market activity for 1 bedroom apartments in Hawthorn

In the last 12 months, 147 one-bedroom apartments similar to 102b/71 Riversdale Road, have been sold.

This represents a 20% increase in one-bedroom apartments sales when compared to the previous 12 months.

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