517/2 Eastern Place, Hawthorn East, Vic 3123

$110K - $120K

Unit
Type
1
Bedrooms
1
Bathrooms

Published on Wednesday, June 10, 2026 ( See property details for 517/2 Eastern Place, Hawthorn East, Vic 3123)

$110K - $120K

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A modern, furnished student studio apartment in a sought-after Melbourne location, offering excellent rental returns and low-maintenance living.

🏡 Property Highlights

  • Furnished student accommodation studio with strong rental appeal
  • Located within a modern, student-only complex
  • Short walk to Swinburne University ensuring consistent demand
  • Currently rented at $315 per week, offering attractive rental income
  • Close proximity to Glenferrie Road’s shopping and dining precinct
  • Easy access to public transport including trams, Auburn Railway Station, and Melbourne CBD

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Internal Laundry
  • Ceiling Fans
  • Pet-Friendly

Hawthorn East is a vibrant inner-city suburb renowned for its excellent amenities, proximity to top universities, and convenient transport links. It offers a lively shopping and dining scene along Glenferrie Road, lush parks, and easy access to Melbourne’s CBD. The area is highly sought after by students and professionals alike, making it an ideal location for investment. With excellent public transport options and a strong community feel, Hawthorn East provides a perfect blend of city convenience and suburban comfort.

What are the key features of this student accommodation studio?
This furnished studio offers an open-plan layout, private bathroom, well-equipped kitchenette, security screens, fly screens, ceiling fans, and high-speed internet readiness, providing a comfortable and convenient living space for students.
How close is the property to Swinburne University and other amenities?
The property is within walking distance to Swinburne University, with easy access to Glenferrie Road’s shopping and dining precinct, cafes, tram routes, and Auburn Railway Station, making daily commutes and errands highly convenient.
What is the current rental income and lease term?
The property is currently rented at $315 per week, with a lease until 10 February 2027, offering a reliable income stream for investors.
Is this property suitable for investment purposes?
Yes, this property presents an excellent investment opportunity due to its high demand location, strong rental return, and low-maintenance features, making it ideal for investors seeking steady income.
What makes Hawthorn East a desirable suburb for students and professionals?
Hawthorn East offers excellent amenities, proximity to universities, vibrant shopping and dining options, lush parks, and convenient transport links to Melbourne CBD, making it a highly sought-after location.
Are there any upcoming planning or development projects in the area that could affect the property's value or noise levels? What are the strata or body corporate fees, and are there any special levies or restrictions? Are there any known issues with the building, such as structural defects or past repairs? Is the property compliant with all local building codes and regulations? Are there any easements, zoning restrictions, or covenants that could impact future renovations or use? What are the total ongoing costs, including council rates, strata fees, and maintenance? Is the property located in a flood or bushfire-prone area, and what risk mitigation measures are in place? Are there any planned infrastructure or transport upgrades nearby that could influence property value? What is the history of the property's rental occupancy and potential for future rental increases? Are there any restrictions on pet ownership within the complex?

517/2 Eastern Place, Hawthorn East, Vic 3123 - More Details

$110K - $120K

Type
Unit
Bedrooms
1
Bathrooms
1

Price guide

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