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403A/71 Riversdale Road, Hawthorn$120,000
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403A/71 Riversdale Road

Hawthorn, VIC 3122, Australia
$120,000
1 bed 1 bath

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About this property

Set quietly at the rear of the building and positioned on the top floor, this well-located student accommodation apartment enjoys a light-filled northerly aspect, open outlooks and excellent separation from Riverside Road noise. It is one of the most desirable positions within the complex. The practical studio layout incorporates a combined bed and study zone opening to a slim balcony, ideal for fresh air and natural light. A compact kitchenette sits neatly off the entry, while the bathroom is well proportioned and thoughtfully designed for everyday student living. The elevated position and rear setting combine to create a bright, calm space that consistently appeals to renters. The building offers secure entry and access to shared facilities including a communal lounge and games area, study desks and an onsite reception attended on weekday mornings. Car parking is available within the complex and can be rented separately by tenants at reduced rates. This location remains a standout for student demand, with easy access to public transport, local shops and cafés, and excellent connectivity to the CBD. Swinburne University of Technology is close by, with University of Melbourne also easily reached via tram and train. An ideal low-maintenance investment, offering strong tenant appeal in a tightly held student accommodation precinct. ------ Disclaimer: We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furnishings as indicated on the photos. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Listed
3 months ago

Repayment calculator

$582/month
$291 /fortnight
Loan $96,000 at 6.10% over 30 years

Upfront costs

Deposit$24,000
Stamp duty$2,630
Conveyancing (est.)$2,000
Total upfront$28,630
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Hawthorn

This 1-bedroom apartment in Hawthorn, VIC 3122 sits within reach of public transport, local shops and nearby schools. It is listed 78% below the $545,000 median of 60 comparable apartmentswithin 5 km.

Schools near Hawthorn

  • Bialik Collegecombined · Prep-12 · CoEd
  • Scotch Collegecombined · Prep-12 · Boys
  • Strathcona Baptist Girls' Grammar - Hawthorn Campuscombined
  • Erasmus Primary Schoolprimary · Prep-6 · CoEd
  • Glenferrie Primary Schoolprimary · Prep-6 · CoEd
  • Hawthorn West Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Stop 31: Fordholm Road (tram)68 m away
  • Ferguson Plarre683 m away
  • Fairview Park473 m away
  • Unnamed519 m away
  • Scullin Park554 m away

Hawthorn at a glance

Full suburb profile
Population
22,322
Median age
34
Household income
$2,145/wk
Median rent
$400/wk
Median mortgage
$2,259/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Hawthorn price trend

Median sold · Unit 1 bed

Compound growth -2.1% / yr over 4 yrs

$372kcurrent median

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