3/462 Hawthorn Road, Caulfield South VIC 3162
3/462 Hawthorn Road, Caulfield South VIC 3162
Modern 2-bed apartment | lift access & secure parking | premium finishes throughout | strong rental demand | boutique Caulfield South development
This unit sits in a small, architect-designed building that stands apart from the older walk-up stock common along Hawthorn Road. The 2-bed, 2-bath layout with either one or two secure car spaces suits downsizers seeking single-level living without sacrificing quality, and owner-occupiers wanting a lock-and-leave option in an established inner-south suburb. Bosch appliances, timber floors, high ceilings, and designer kitchens lift it above typical apartment offerings in the area, while elevator access to all floors adds genuine convenience. The building’s recent sales history—units trading between $590k and $645k—reflects consistent demand for this configuration, and the rental evidence at $670 per week suggests the unit would attract professionals or couples prioritising location and low maintenance. This is a property that serves buyers who value finish quality and practicality over space.
The exact aspect and floor level of this particular unit are not confirmed, which may influence how light and outlook affect its appeal relative to other units in the same building. The building’s age is described as modern, but the precise construction year is unverified, so the buyer should confirm the remaining builder warranty or owners corporation history. Proximity to the new Woolworths development and rail stations within five kilometres supports convenience, but the commercial zoning along parts of Hawthorn Road might introduce neighbourhood noise or future mixed-use activity that could affect the living experience. Parking configuration matters here—units with two spaces have historically traded at a slight premium, so the buyer should weigh whether one space is sufficient given the suburb’s car-dependent character.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/462 Hawthorn Road, Caulfield South VIC 3162
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Caulfield South is an established inner suburb, dominated by Australian-born professionals aged 40-49 with degrees and high household incomes, plus a strong Jewish community. Demand comes from affluent families and owner-occupiers; 48% of owners have mortgages, so rate sensitivity is a risk. House prices are elevated but mixed: the latest median is $1.87m with 8.6% annual growth, though another series shows $1.8m and a 5.6% quarterly fall; values range from $1.72m to $2.035m. Units are stronger, at $919,000 with 13.6% growth, or $830,000 in a secondary measure. Houses average 37-53 days on market, with 155 sales, up 7.6%. Weekly rents are $950 for houses and $685 for units; gross yields around 3.2% for houses and 4.3% for units. Future growth is supported by professional-family demand, but affordability and mortgage leverage are key constraints.
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PropCred Estimated Value
Comparable Sales: Unit 4 at 462 Hawthorn Road sold $645k; Unit 102 sold $600k | Property Price Band: $600k–$700k | Value Drivers: internal finish quality, parking allocation, floor level and aspect.
Bedrooms
2
Bathroom
1
Parking
1
Land
1445m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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