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Location

Market Insights for Hawthorn VIC 3122

New Listings (last 30 days)

Average price

$876,500

Lowest price

$300,000

Highest price

$4,100,000

506/1/1 Drill Street, Hawthorn VIC 3122

$770,000 - $830,000

Search Band Search Visibility Band

$750k - $800k High Confidence Calculated based on strong search observations.

Apartment 2 Beds 2 Baths 1 Car 120 m²

Listed: 2 days ago

Overview

Positioned within the prestigious Sierra development designed by the acclaimed Rothelowman, this apartment combines modern luxury with functional living and resort-style amenities, all nestled in one of Hawthorn’s most desirable areas. The residence is thoughtfully designed to maximize natural light and features elegant finishes with warm timber accents, creating a welcoming and refined ambiance.

The open-plan living and dining area is anchored by a sleek kitchen equipped with stone benchtops and integrated appliances, providing both style and practicality. Large timber-lined ceilings and flowing glazing bring an expansive sense of space and a seamless connection to the outdoors, ideal for relaxation or entertaining.

The apartment offers two well-sized bedrooms, each with built-in wardrobes, and two bathrooms, providing comfort and privacy. The private balcony allows for outdoor leisure with leafy outlooks, enhancing the tranquil setting.

Secure undercover parking and direct access to premium lifestyle facilities such as a 20-meter indoor pool, steam-lined gym, timer cabinetry, and a private residents’ lounge underscore the quality and exclusivity of this property.

This apartment will appeal to professionals or downsizers seeking a contemporary and secure home with convenient access to top schools, transport, and renowned local parks within a vibrant and established community.

Local Market Insights

In Hawthorn, Quiet Listings observed 32 new apartments entering the market over the last 30 days, up from 24 during the previous 30-day period, with an average advertised asking price of $876,500. The property type mix of listed properties is predominantly Apartments at 62%, followed by houses (24%), and townhouses (5%). The most active agency for apartments in the Hawthorn area is currently Jellis Craig, representing 34% of new listings, followed by Marshall White with 28%. 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.