101/288 Hawthorn Road, Caulfield VIC 3162

| Boutique development | Light-filled open plan | Large private balcony | Strong rental yield | Low-growth suburb | This property offers a rare combination of a large private balcony and a light-filled open plan layout in a boutique development, which is a competitive edge in the Caulfield apartment market. The strong rental yield of approximately 6.6% from a comparable unit signals solid income potential, making it particularly suited for an investor seeking a low-maintenance holding with reliable tenant demand. The modern kitchen with island bench and Bosch appliances adds a quality finish that supports both owner-occupier appeal and rental desirability. The primary risk is the suburb’s low capital growth, as evidenced by a comparable unit achieving only 0.51% annual appreciation over a decade. This means the buyer should not expect significant price gains and must rely on rental income for returns. The conflicting listing status across platforms suggests a need to verify availability directly with the agent. The opportunity lies in the yield, which is above average for Melbourne apartments, and the property’s positioning in a well-connected suburb. Hold this unit for cash flow, not capital growth, and consider it a stable income-producing component of a diversified portfolio.