16/127 Hawdon Street, Heidelberg VIC 3084
16/127 Hawdon Street, Heidelberg VIC 3084
This is a 3-bedroom 2-bathroom apartment with 140 square metres of internal space, one car space, a front balcony, ensuite and built-in robes in the main bedroom, and a third bedroom combining with a study. The unit includes heating and cooling, a separate laundry, and sits within a low-rise complex on a quiet established street in Heidelberg.
This configuration is considered rare for Heidelberg apartment stock – most units in the suburb are smaller and offer only one or two bedrooms. The combination of three bedrooms, a study, and an ensuite with built-in robes gives this property a floor plan more typical of a standalone house, which is competitively strong for families who want low-maintenance living without sacrificing space. The 140-square-metre interior is generous for a unit and positions the property well between the family and downsizer markets. Its location near Zone 1 transport and local shops adds everyday convenience without street noise. The unit is best suited to buyers who need room for children or a home office but prefer an apartment lifestyle in a well-serviced and established suburb.
The building’s age – likely mid-20th century – may introduce ongoing maintenance considerations that could affect long-term holding costs. Single car parking might limit appeal for two-car families, and the school catchment, while solid, is not among the highest-prestige zones in the area. These factors should be weighed when forming a view on price, particularly if comparable newer stock or properties with extra parking become available nearby The unit’s strong layout and location do much to offset these constraints but they remain relevant for a buyer assessing value.
Detailed Independent Property Report prepared by PropCred Analyst team for 16/127 Hawdon Street, Heidelberg VIC 3084
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Heidelberg is a well-established suburb characterised by strong owner-occupier demand, primarily from professional families. This demographic is driving a robust and competitive market for houses, evidenced by swift sales and sustained price growth. While the unit segment has experienced recent price adjustments, the rental market for both houses and units shows resilience with rising yields. Future performance will hinge on the continued appeal to this core demographic and broader economic conditions influencing buyer sentiment.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
1.11 acres
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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