Back 8/498 Glenferrie Rd
Off Market

8/498 Glenferrie Rd

Hawthorn VIC 3122

2
1
1
Apartment
Carina HoldingCarina Holding, last sold this property on 28 August 2021 after 23 days on market.

Overview

Light-filled Sanctuary Atop Scotch Hill

Inspect Strictly by Appointment between advertised times. Privately set to the rear of a lushly garden-surrounded block on the exclusive crest of Scotch Hill, this attractive and north-facing, two bedroom apartment is a light-filled sanctuary near cafes, transport, shops and dining. Safely and securely positioned on the first (top) floor of this proudly maintained 1970's block, the home has been freshly painted and carpeted for effortless living or investing in one of Melbourne's most blue-ribbon settings. Entered via a genuine hallway, the home reveals a generous kitchen / meals and large lounge / living area, with home office nook, all framing leafy outlooks, filled with northerly light and opening to a sunny balcony. Meanwhile, the bedrooms are each appointed with built-in robes and the bathroom has been fitted with laundry facilities, plus, split system air conditioning, separate toilet, secure intercom entry, undercover car parking, lockable storage, and dedicated communal bike racks. Only eight kilometres from the CBD, this prominent location offers you easy access to all the cosmopolitan lifestyle delights of Glenferrie Rd, plus you have trams at your doorstep and more city-bound trams just around the corner, as well as Gardiners Creek bike trails at the bottom of the hill. Investors will also note the importance of such proximity to Swinburne University. Digital inspection: https://www.youtube.com/watch?v=hps_W-XNgNA

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Hawthorn over the last 12 months, the estimated median property value of 8/498 Glenferrie Rd is $652k.

Median value
$652k
Estimated value range
$245.5k - $1.2m
Median days on market
25
Estimated value trend
3%
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 8/498 Glenferrie Rd

2024
Rented
Undisclosed
Leased on 02 Feb 2024 by MRE
2021
Sold
Undisclosed
Private Sale/Treaty on 28 Aug 2021 by Carina Holding, of Marshall White - Stonnington
2014
Rented
Undisclosed
Leased on 07 Oct 2014 by Jellis Craig - Glen Iris

Happy sellers in Hawthorn

77%
77% 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 23 reviews in Hawthorn over the last 12 months.

Local market activity for 2 bedroom apartments in Hawthorn

In the last 12 months, 213 two-bedroom apartments similar to 8/498 Glenferrie Rd, have been sold.

This represents a 32% increase in two-bedroom apartments sales when compared to the previous 12 months.

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