15/64-66 Riversdale Road, Hawthorn VIC 3122
15/64-66 Riversdale Road, Hawthorn VIC 3122
Two-bedroom apartment, 2007 build | tandem parking for two | walk to Glenferrie shops and trains | C-Bus home automation system
This property presents a competitive entry point into the Hawthorn apartment market, where a 2007 build offers a meaningful advantage over older stock in terms of layout efficiency and building standards. The tandem car parking for two vehicles is a rare configuration for a two-bedroom unit at this price level, strengthening its appeal to professional couples or downsizers who require two cars. The Clipsal C-Bus system, controlling blinds, lighting, and climate, adds a layer of modern convenience that differentiates this unit from comparable offerings, and the walkability to Glenferrie Road and train stations positions it well for those prioritising low-maintenance urban living.
The primary risk lies in the apartment’s position within a 1,593m² lot, which may indicate a larger complex where strata fees and future special levies require careful due diligence. No heritage or flood overlays reduce regulatory uncertainty, but the absence of a bushfire overlay is not a differentiating factor in this location. The opportunity is that the property sits outside the highest price bands for the area, meaning a buyer may secure a well-finished, technically modern apartment without paying a premium for a newer build or a boutique development.
Detailed Independent Property Report prepared by PropCred Analyst team for 15/64-66 Riversdale Road, Hawthorn VIC 3122
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
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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
2
Land
1593m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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