3/76A Campbell Road, Hawthorn East VIC 3123

3/76A Campbell Road, Hawthorn East VIC 3123
Mid-century apartment | 1983sqm holding | First sale since 1993 | Established leafy pocket This one-bedroom apartment represents a single-unit holding on a substantial 1983 square metre lot, suited to investors seeking long-term capital preservation or first-time buyers attracted to established inner-east locations with limited turnover. The property was constructed in 1970 and has undergone layout refreshment, positioning it as a moderately updated mid-century unit rather than a heritage or period piece requiring significant intervention. The lot size is notably generous for an apartment configuration, which is unusual in this pocket and suggests either original subdivision patterns or a property held through multiple ownership cycles. Last sold in 1993, the extended holding period indicates either satisfied long-term ownership or a property that has remained relatively stable in value without triggering regular market testing. The location within Boroondara council and zoning toward established schools reflects a neighbourhood with consistent residential character rather than transitional development pressure. Properties in this category tend to attract investors focused on rental yield and long-term appreciation rather than renovation-led strategies, given the modest unit configuration and the lot’s residential zoning constraints. The presence of NBN Fibre to the Curb and 5G coverage addresses modern connectivity expectations, which becomes increasingly relevant for properties competing on lifestyle rather than capital growth alone. Similar apartments in comparable inner-east suburbs show resilience during market cycles, though their appeal remains concentrated to specific buyer cohorts rather than broad demographic demand. The low body corporate fees and on-site communal facilities reduce ongoing ownership costs, a factor that historically supports rental yields and tenant retention in this property class.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Hawthorn East is a highly regarded inner-east suburb offering strong lifestyle appeal and close proximity to MelbourneΒ’s CBD. Housing demand is driven by professionals and established families seeking premium schooling options and convenient transport access. Median house prices typically exceed $2M, reflecting the suburbΒ’s prestige and limited housing supply. The area benefits from proximity to leading schools, parklands, and retail precincts such as Camberwell Junction.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

Land

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