18/175 Power Street Hawthorn VIC 3122
18/175 Power Street Hawthorn VIC 3122
Top-floor oversized unit | mid-century architect design | quiet rear aspect | riverside Hawthorn pocket
This property presents a competitively strong offering due to its rare, house-like proportions and timeless architectural character within a tightly held location. Its top-floor, setback position ensures privacy and quiet, serving a buyer seeking a spacious, light-filled home rather than a standard unit. The lack of overlays simplifies the purchase process.
The primary risk is its listing price, which sits notably above the suburb median, demanding scrutiny of its value justification against recent building sales. The opportunity lies in securing a unique, oversized property in a premium pocket, with a logical hold strategy as a long-term residence. For a precise valuation and to navigate locality risks, a professional property report is essential.
Recent sales within the same building provide critical context:
– 5/175 sold for $825,000 in Sep 2025, having been purchased for $900,000 in Aug 2022.
– 10/175 is currently listed between $750,000 and $825,000.
This activity confirms a strong price bracket for the building, though the subject unit’s premium ask requires validation against its specific top-floor, oversized advantages.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
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.