Back 404/1 Queens Avenue
Off Market

404/1 Queens Avenue

Hawthorn VIC 3122

1
1
1
Apartment
Shawn WhiteShawn White, last sold this property on 07 July 2017 after 415 days on market.

Overview

Healthy returns in sensational setting

Housed in a purpose-built student accommodation complex, invest now and pocket the returns with this superb 1 bedroom apartment. Moments from Swinburne University and Glenferrie Road's shopping and nightlife precinct, discover a light and bright living room leading through to a private north-facing balcony showcasing leafy neighbourhood views. Enjoy an ultra-modern galley kitchen with gas stove-top cooking, a luxurious bathroom, split-system air conditioning and the convenience of basement car parking. Securely leased until January 2017, investors will appreciate the value with current returns nudging 9% per annum. One inspection will convince that you're in the presence of something special! * 1 bedroom apartment with BIR * Light and bright living room * Modern kitchen with gas cooking * Stylish bathroom * North-facing balcony with leafy views * Split-system heating and cooling * Communal lounge area * Secure intercom entry * Plush carpeting * Ground-floor communal laundry * Secure basement car parking and bicycle storage area * Currently leased until January 2017 at $1277 per month with approx. 9% returns * Moments from transport choices, Swinburne University, restaurants, nightlife, parklands

Features

1 bedroom
1 bathroom
1 carspace
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 404/1 Queens Avenue is $392.5k.

Median value
$392.5k
Estimated value range
$106k - $605k
Median days on market
26
Estimated value trend
7%
increase 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 404/1 Queens Avenue

2024
Rented
Undisclosed
Leased on 06 May 2024 by Sea Scape RE
2017
Sold
07 Jul 2017 by Shawn White, of Little Real Estate | Hawthorn

Happy sellers in Hawthorn

68%
68% 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 16 reviews in Hawthorn over the last 12 months.

Local market activity for 1 bedroom apartments in Hawthorn

In the last 12 months, 119 one-bedroom apartments similar to 404/1 Queens Avenue, have been sold.

This represents a 35% increase in one-bedroom apartments sales when compared to the previous 12 months.

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