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Back 311/2 Eastern Place
Off Market

311/2 Eastern Place

Hawthorn East VIC 3123

1
1
Apartment
Bella CorteseBella Cortese, last sold this property on 17 November 2025 after 12 days on market.

Overview

Expressions of Interest Closing Tuesday 2 December at 5pm

Incredible investment opportunity in the heart of thriving Hawthorn An excellent choice for investors seeking strong rental demand and steady returns, with a current net rental yield of approx. 10% per annum. Freshly painted and featuring new floorboards, this student accommodation studio truly stands out from the rest. Most others in the building are yet to be refreshed, making this an exceptional, move-in-ready opportunity for both investors and students alike. Currently returning $1,477 pcm, this modern, fully furnished studio sits within a secure, purpose-built student complex just moments from Swinburne University. Designed for convenience and comfort, it's filled with natural light and offers a spacious kitchen, private bathroom, and a low-maintenance lifestyle in an unbeatable location. Enjoy access to communal facilities including a laundry, entertainment room, and a large, shared terrace perfect for relaxing or socialising. Car parking is also available for residents at discounted rates. Located only an 8-minute walk to Swinburne University, with Auburn Station, trams, and shops nearby, and Deakin University just a 30-minute tram ride away. This position delivers the ultimate in connectivity and amenity. Melbourne CBD is also easily accessible in around 20 minutes by train.

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Hawthorn East over the last 12 months, the estimated median property value of 311/2 Eastern Place is $381.5k.

Median value
$381.5k
Estimated value range
$105k - $570k
Median days on market
27
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hawthorn East. 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 311/2 Eastern Place

2025
Sold
Undisclosed
Private Sale/Treaty on 17 Nov 2025 by Bella Cortese, of Nelson Alexander Kew
2023
Sold
Undisclosed
Private Sale/Treaty on 17 Apr 2023 by Zeno Kobica, of Student Housing Australia

Happy sellers in Hawthorn East

71%
71% of sellers in Hawthorn East reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in Hawthorn East over the last 12 months.

Local market activity for 1 bedroom apartments in Hawthorn East

In the last 12 months, 61 one-bedroom apartments similar to 311/2 Eastern Place, have been sold.

This represents a 34% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Hawthorn East

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Toni El-Helou

Toni El-Helou is a recommended agent for Hawthorn East.  They have 14 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (304 reviews)
  •  8 Reviews in Hawthorn East
  •  14 Sales in Hawthorn East
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Brooke Warwick

Sellers who recommend Brooke Warwick have praised them for being clear communication, local expert, friendly, hard-working, responsive, honest and reliable

  •   4.9   (122 reviews)
  •  2 Reviews in Hawthorn East
  •  5 Sales in Hawthorn East
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Tim Heavyside

Sellers who recommend Tim Heavyside have praised them for being local expert, clear communication, reliable, supportive, great team, friendly and honest

  •   4.9   (1214 reviews)
  •  2 Reviews in Hawthorn East
  •  4 Sales in Hawthorn East
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Sophie Su

Sophie Su is an award winning recommended agent for Hawthorn East.  They have 4 local sales and collected 2 local reviews across the last 12 months.

  •   5   (271 reviews)
  •  2 Reviews in Hawthorn East
  •  4 Sales in Hawthorn East
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