1/4 Lisson Grove, Hawthorn VIC 3122
1/4 Lisson Grove, Hawthorn VIC 3122
2-bed apartment | Hawthorn fringe | school catchment pull | auction campaign | compact footprint
This is a genuinely useful configuration for Hawthorn. A two-bedroom, one-bathroom unit with parking sits in the sweet spot between first-home buyers, downsizers, and investors—all of whom compete for this format in the inner east. The location near Glenferrie Road gives it real everyday amenity, and the school catchment adds a layer of demand that many comparable apartments simply don’t carry. It’s not a rare property type, but it is a consistently sought-after one, and in a suburb where premium houses dominate the headlines, this unit offers a more accessible entry point without sacrificing the address.
The value picture here will hinge on a few things you can’t fully see from the listing. Floor level and orientation matter a lot in an apartment—north-facing light or a quiet rear aspect can shift how it feels and what it’s worth. The building’s age and condition are equally important; an older unit with dated finishes will need a renovation budget, while a well-maintained one holds its value more comfortably. The lack of a clear land component or outdoor space is a constraint, but for the right buyer—someone prioritising location over space—that trade-off is often acceptable.
|| Comparable Sales: 1-bed unit at 6 Lisson Grove sold $610,000 in 2022; 3-bed apartment at same address sold $1.175M in 2021 | Property Price Band: $700K–$800K | Value Drivers: floor level, natural light, internal condition, parking security
Detailed Independent Property Report prepared by PropCred Analyst team for 1/4 Lisson Grove, Hawthorn VIC 3122
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Hawthorn remains a premium inner-east Melbourne market, with median house prices around $2.8–2.9 million and units near $558,000–580,000. Demand is driven by affluent professionals and families in finance, tech, and medicine, plus downsizers and university-linked investors. House price trends are mixed: recent annual changes range from -8.0% to +9%, reflecting rate sensitivity and volatility, while units are flat to slightly negative (-2.0% to 0%). Houses sell in 33–42 days. House rents vary widely ($695–$950/week) but units are stable around $550/week, with gross yields of 1.78% for houses and 4.97–5.1% for units. Connectivity via train, tram, Monash and Eastern Freeways, school catchments including Hawthorn Secondary and Auburn South Primary, and proximity to hospitals and universities support demand. However, entry prices above $2.8m limit buyer depth, heritage overlays restrict supply, and premium mortgages raise sensitivity to interest rates.
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PropCred Estimated Value
Comparable Sales: 1-bed unit at 6 Lisson Grove sold $610,000 in 2022; 3-bed apartment at same address sold $1.175M in 2021 | Property Price Band: $700K–$800K | Value Drivers: floor level, natural light, internal condition, parking security
Bedrooms
2
Bathroom
1
Parking
1
Land
75m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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