RateMyAgentGo to search
Back 517/2 Eastern Pl
Off Market

517/2 Eastern Pl

Hawthorn East VIC 3123

1
1
Apartment
Rosa ChikRosa Chik, last sold this property on 15 June 2026 after 5 days on market.

Overview

High-Yield Student Accommodation Investment in Prime Hawthorn Location

Secure a fantastic investment opportunity in one of Melbourne's most sought-after student precincts. This furnished student accommodation studio offers strong rental appeal and is currently rented at $315 per week, making it an attractive addition to any investment portfolio. Located within a modern student-only complex, this well-presented studio apartment provides a practical and comfortable living environment. Filled with natural light, the property features an open-plan layout, a well-equipped kitchenette, private bathroom, and all the essentials students require for convenient inner-city living. The location is a standout feature, with Swinburne University just a short walk away, ensuring consistent demand from students year after year. Residents also enjoy easy access to Glenferrie Road's vibrant shopping and dining precinct, trams, cafes, and Auburn Railway Station. Deakin University is readily accessible via Tram Route 75, while Melbourne's CBD can be reached in approximately 20 minutes by train. Whether you are looking to expand your investment portfolio or secure an affordable entry into Melbourne's student accommodation market, this property presents an excellent opportunity in a high-demand location. Investment Highlights: Furnished student accommodation studio Rental return of $315 per week ($1369 per month) Lease until 10 Feb 2027 Modern student-only building Bright and functional layout with private bathroom Walking distance to Swinburne University Close to transport, shopping, cafes and amenities Easy access to Deakin University and Melbourne CBD An affordable, low-maintenance investment in a proven student accommodation market.

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 517/2 Eastern Pl is $377.5k.

Median value
$377.5k
Estimated value range
$105k - $692.5k
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 517/2 Eastern Pl

2026
Sold
Undisclosed
Private Sale/Treaty on 15 Jun 2026 by Rosa Chik, of Student Housing Australia

Happy sellers in Hawthorn East

94%
94% 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 13 reviews in Hawthorn East over the last 12 months.

Local market activity for 1 bedroom apartments in Hawthorn East

In the last 12 months, 60 one-bedroom apartments similar to 517/2 Eastern Pl, have been sold.

This represents a 32% 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

placeholder
Toni El-Helou

Toni El-Helou is a recommended agent for Hawthorn East.  They have 21 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (304 reviews)
  •  8 Reviews in Hawthorn East
  •  21 Sales in Hawthorn East
View profile
placeholder
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   (1225 reviews)
  •  2 Reviews in Hawthorn East
  •  4 Sales in Hawthorn East
View profile
placeholder
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   (279 reviews)
  •  2 Reviews in Hawthorn East
  •  4 Sales in Hawthorn East
View profile
placeholder
Tony Kwan

Tony Kwan is a recommended agent for Hawthorn East.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   4.9   (300 reviews)
  •  2 Reviews in Hawthorn East
  •  1 Sale in Hawthorn East
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap