107/147 Riversdale Road, Hawthorn VIC 3122

107/147 Riversdale Road, Hawthorn VIC 3122
2 bed 2 bath 1 car | boutique low-rise | arterial road position | 5.3% gross yield signal | broad buyer appeal This unit sits in a sleek low-rise building, a configuration that is relatively rare in Hawthorn’s apartment stock and tends to attract owner-occupiers and downsizers who value space and privacy over high-rise density. The two bathrooms add real flexibility for couples, sharers, or those wanting a guest setup, while the single car space is practical for inner-east living where many older apartments offer none. The recent lease at $640 per week signals consistent rental demand, and the implied yield near 5.3% is competitive for the suburb, making this a compelling option for an investor or a professional buyer seeking a lock-and-leave home with good rental fundamentals. The property’s position on Riversdale Road, a major east-west corridor, provides excellent access to transport and amenity, but the arterial exposure may affect perceived quietness and could influence resale appeal for buyers who prioritise a tranquil setting. Building age, internal finishes, and floor level are not confirmed, so the condition and quality of the fit-out will be material when forming a view on price. A buyer should weigh the trade-off between convenience and noise, and inspect carefully for any traffic-related impacts on the living spaces.
Detailed Independent Property Report prepared  by PropCred Analyst team for 107/147 Riversdale 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

2

Parking

1

Land

1265m²

Assessments Delivered Today

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