208/32 Lilydale Grove, Hawthorn East VIC 3123

208/32 Lilydale Grove, Hawthorn East VIC 3123
Compact 2015 one-bed unit | Near Swinburne and trains | Stone benches and Bosch | Balcony, no car space | Investor or first-buyer pick Built in 2015, this compact one-bedroom apartment is positioned in a sought-after inner-east pocket of Hawthorn East, where proximity to Swinburne University, Auburn Station, and Glenferrie Road is offered. Modern finishes such as stone benchtops and Bosch appliances are provided, which are uncommon at this price point. A balcony and lift access are included, enhancing appeal for professionals and investors. This property is best suited to buyers who prioritize location and convenience over internal space. The compact 42-square-metre layout may limit appeal for some buyers. Parking uncertainty, with inconsistent listing details, might also affect value. These factors may be weighed when forming a price view, especially as larger units in the area command a premium.
Detailed Independent Property Report prepared  by PropCred Analyst team for 208/32 Lilydale Grove, Hawthorn East VIC 3123
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Hawthorn East is a premium inner-eastern suburb characterised by high-value housing and strong transport links. Demand is driven by high-income professionals and families, attracted by proximity to the CBD, employment hubs, and well-regarded schools. Recent price trends have shown some softening, with houses taking over a month to sell, indicating a more measured market. Future growth is underpinned by its established desirability, though high price points and sensitivity to economic conditions present ongoing affordability and liquidity constraints.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

-

Land

1112m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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