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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Hawthorn East VIC 3123
New Listings (last 30 days)
9
Average price
$566,444
Lowest price
$450,000
Highest price
$650,000
Other properties in this postcode

312/2 Eastern Place, Hawthorn East VIC 3123

$115,000 To $125,000

Listed: 21st Jul 2026
Updated: 22nd Jul 2026
Overview

This fully furnished studio apartment is an ideal entry-level investment in Hawthorn East, perfectly positioned for ease and convenience. The property benefits from a well-maintained boutique complex established in 2006, designed to meet the demands of those seeking a low-maintenance lifestyle close to essential amenities and educational institutions.

The apartment is thoughtfully appointed with a modern kitchen featuring gas cooking and a stylish private bathroom, providing all the essentials for convenient living. Additional comforts include electric heating, a single bed, a study desk and chair, and included appliances such as a microwave and refrigerator. These features, combined with secure intercom entry and select private balconies, underscore the apartment’s appeal for students or professionals looking for a secure and comfortable home.

Residents can also enjoy several communal facilities including a resident lounge, ground floor communal laundry, secure bicycle storage, and access to secure off-street parking spaces available for lease. The complex’s secure entry and community amenities offer added security and comfort, enhancing the overall living experience.

Strategically located within walking distance of Swinburne University, the property boasts excellent access to Melbourne’s public transport network, including multiple tram routes and nearby train stations, facilitating quick and easy travel to the CBD and beyond. The vibrant Glenferrie Road precinct, rich with cafes, restaurants, supermarkets, and shops, is also just moments away, making everyday living convenient and enjoyable.

This apartment is particularly suited for investors targeting the student accommodation market, as occupancy is restricted to one full-time or part-time tertiary student per apartment under council regulations. Gas is included in operating costs, while electricity and water are separately metered, further supporting a clear and manageable cost structure.

Offering an exceptional combination of location, convenience, and practicality, this property stands as a noteworthy opportunity for those seeking a stable and affordable investment in one of Melbourne’s desirable inner-eastern suburbs.

Local Market Insights

In Hawthorn East, Quiet Listings observed 9 new apartments entering the market over the last 30 days, down from 13 during the previous 30-day period, with an average advertised asking price of $566,444. The property type mix of listed properties is predominantly Houses at 48%, followed by apartments (44%), and units (4%). The most active agency for apartments in the Hawthorn East area is currently Jellis Craig, representing 56% of new listings, followed by Gandh Property Group with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.