Back 503/2 Eastern Pl
Off Market

503/2 Eastern Pl

Hawthorn East VIC 3123

1
1
1
Apartment
Alexander GeorgeAlexander George, last sold this property on 10 June 2025 after 14 days on market.

Overview

Unbelievable investment opportunity awaits! (12% return approx!)

**Inspection by private appointment only** Seize this exceptional investment opportunity in the heart of vibrant Hawthorn! This unit promises impressive rental returns of approximately $340 per week approx through 2025. Adding to its unique appeal is the rare inclusion of a secure car space on title-an invaluable feature that distinguishes this property from others in the building. Thoughtfully designed for both students and astute investors, this furnished studio offers a bright and airy living space. 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, including a secure car space on title, 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!

Features

1 bedroom
1 bathroom
1 carspace
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 503/2 Eastern Pl 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 503/2 Eastern Pl

2025
Sold
Undisclosed
Private Sale/Treaty on 10 Jun 2025 by Alexander George, of Barry Plant Docklands
2025
Sold
Undisclosed
09 Jun 2025 by Alexander George, of Barry Plant Docklands

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, 59 one-bedroom apartments similar to 503/2 Eastern Pl, 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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent