17/146 Power Street Hawthorn VIC 3122
17/146 Power Street Hawthorn VIC 3122
1-bed unit | rear private position | north-west outdoor | prime Hawthorn transport | 36-unit building
This unit’s competitive strength lies in its private, rear positioning with a sun-facing outdoor area, a rare configuration that provides a house-like amenity within a multi-unit building in a prime, well-serviced location. It best serves an owner-occupier seeking a low-maintenance entry into Hawthorn or an investor targeting a tenant valuing outdoor space and proximity to infrastructure.
The primary risk is the absence of recent sales evidence within the building, obscuring true market valuation and demand, while the 36-unit scale may dilute capital growth. Proceed only with a price anchored to recent, true comparable sales beyond the building, treating it as a long-hold proposition. Our report would establish its real market valuation through verified comparables and detail locality-specific risks for due diligence.
Detailed Independent Property Report prepared by PropCred Analyst team for 17/146 Power Street 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
1
Bathroom
1
Parking
-
Land
3096m²
Assessments Delivered Today
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