507/377 Burwood Road, Hawthorn VIC 3122
507/377 Burwood Road, Hawthorn VIC 3122
1-bed modern apartment | Balcony and parking included | School-zoned inner east | Freshly painted and carpeted | No aspect or floor level verified
This is a well-presented entry-level apartment in a 2005 complex, located in a suburb where demand is consistently supported by school zoning, transport, and university proximity. The combination of a balcony, a dedicated car space, and modern finishes like split-system air conditioning and built-in robes places it above basic older walk-up stock, while the freshly painted and newly carpeted interior reduces immediate maintenance needs. This configuration serves first-home buyers seeking a foothold in Hawthorn, investors targeting rental appeal, and downsizers wanting low-maintenance living in a school-rich area.
The lack of a verified aspect or floor level may affect light quality and privacy, which are material to value in apartment product. The shared 1,573 m² strata footprint means land value is diluted compared to detached housing, so capital growth is tied more to suburb demand than to the site itself. The compact 1-bedroom format may limit appeal for couples or those seeking space, and the 2005 build age, while modern, is not premium. These factors should be weighed when forming a view on price, particularly against newer or larger options nearby.
Detailed Independent Property Report prepared by PropCred Analyst team for 507/377 Burwood Road, Hawthorn VIC 3122
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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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
1
Bathroom
1
Parking
1
Land
1573m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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