6/486 Glenferrie Road, Hawthorn VIC 3122
6/486 Glenferrie Road, Hawthorn VIC 3122
2 bed 1 bath 1 car first floor apartment | updated kitchen and study nook | established Scotch Hill setting | Glenferrie Road address with car space
This apartment is competitively positioned as a well-configured two-bedroom option in a sought-after pocket of Hawthorn, where established gardens and a low-rise building profile offer a quieter living environment despite the main-road address. The updated kitchen, built-in robes, and study space make it particularly suited to owner-occupiers seeking low-maintenance inner-eastern living, downsizers wanting convenience without compromise, or investors targeting steady tenant demand from the nearby employment and education corridor. The inclusion of one car space is a meaningful advantage in this area, where off-street parking is often limited.
The propertyโs value may be influenced by its first-floor position without lift access, which could affect appeal for some buyers, and the main-road frontage may introduce traffic noise that should be assessed in person. The buildingโs age and finishes beyond the kitchen are not confirmed, so the condition of common areas and services is worth verifying. The broader lot size discrepancy suggests careful review of title and strata documents is prudent before forming a price view.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 6/486 Glenferrie Road, Hawthorn VIC 3122
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.