6/47 Evansdale Road, Hawthorn VIC 3122

6/47 Evansdale Road, Hawthorn VIC 3122
2-bed north-facing balcony | 70sqm apartment in Hawthorn | elevated with green outlooks | zoned for top schools This property offers a rare combination of north-facing orientation, elevated positioning, and verdant outlooks within a sought-after Hawthorn pocket. The 70-square-metre floorplan with separate kitchen and private balcony provides genuine liveability for owner-occupiers seeking a low-maintenance base near Burwood Road amenities. The building’s average four-year owner-occupier tenure signals stable resident satisfaction, while the zoning for Hawthorn West Primary School and Melbourne Girls College adds enduring appeal for professionals or downsizers prioritising location over size. The flood overlay and shared lot tenure introduce structural constraints that may limit future redevelopment upside. Comparable sales within the building suggest the current price guide sits below recent transaction evidence, which could indicate motivated vendor circumstances. Rental demand at $550โ€“$670 per week supports a hold strategy for investors, though capital growth will track broader market movements rather than property-specific improvements. This unit suits a buyer seeking established lifestyle adjacency with manageable holding costs.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 6/47 Evansdale Road, Hawthorn VIC 3122
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Market Insight:

Hawthorn is a premium, well-connected suburb with strong appeal to affluent professionals and families, driven by its proximity to top-tier schools, employment hubs, and lifestyle amenities. Demand for houses is anchored by owner-occupiers, while the university presence supports unit demand from investors and downsizers. Recent price trends show a softening market with some volatility, particularly for houses, though units demonstrate relative stability. Future growth is underpinned by enduring infrastructure and limited new supply, but key risks include high sensitivity to interest rates and constrained affordability at the premium end of the market.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

747mยฒ

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