209/36 Lilydale Grove, Hawthorn East VIC 3123
209/36 Lilydale Grove, Hawthorn East VIC 3123
Newer two-bedroom apartment | Built 2015 in quiet pocket | Last sold 2014 at $540k | Floor plans accessible | School catchments shown
This property is positioned as a modern alternative within Hawthorn East, a suburb where older period homes and boutique stock are common. Its 2015 construction gives it a contemporary edge, appealing to buyers seeking lower maintenance and updated design without the heritage responsibilities found elsewhere. The quiet street setting of Lilydale Grove offers a reprieve from main-road activity while still providing easy access to transport and local amenities. This apartment is best suited to owner-occupiers such as professional couples or downsizers who value convenience and modern living, as well as investors looking for a property with strong rental demand in the inner east.
The property’s value may be shaped by factors like its exact aspect and floor level, both of which can influence natural light and privacy. School catchment boundaries, though referenced on the listing, should be verified to confirm access to premium schools. The absence of confirmed parking or storage details might also be a consideration for some buyers. These points are worth exploring when forming a view on price, as they could affect how the property is perceived in its market.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 209/36 Lilydale Grove, Hawthorn East VIC 3123
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.