Suburb Profile Report for Hawthorndene SA (5051)

Hawthorndene House: Median price $515,000, Annual capital growth 4.41%, Number of sales 60, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Expert Report

Property investors who have had real estate in Hawthorndene, 5051 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.16%

Hawthorndene,5051 has offered an average of 10.16% return per annum in house price rises to property investors over the last three years.

Hawthorndene, 5051 is offering SA ‘s 107th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this SA.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 4.41%, investors should hope to achieve an overall return of 4.04%

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At around 12km south of the CBD in the Adelaide Hills, Hawthorndene certainly isn’t an inner-city suburb, but it scores highly for capital growth potential with Redwerks research director Jeremy Sheppard. Driving this growth potential is a demand for houses that outstrips supply.Full summary

At around 12km south of the CBD in the Adelaide Hills, Hawthorndene certainly isn’t an inner-city suburb, but it scores highly for capital growth potential with Redwerks research director Jeremy Sheppard. Driving this growth potential is a demand for houses that outstrips supply.

The median price for houses in the suburb is more affordable than neighbouring Glenalta and Blackwood. The monthly vacancy rate sits at around 1%, meaning tenants won’t be hard to come by.

What Hawthorndene’s got going for it is a leafy setting with parks being dotted around the suburb. It also borders the huge Belair National Park. The bulk of the area’s shops and amenities lie along Main Road, in and around the bordering suburbs of Glenalta and Blackwood. Both of these neighbouring suburbs also have train stations, making Hawthorndene a short walk and half-hour train journey from Adelaide central.

And you can get a lot for your money in Hawthorndene. Median priced properties on the market at the time of writing included a four-bedroom, three-bathroom, two-kitchen estate comprising of a house and granny flat; and a three-bedroom, two-bathroom, two-living room house on a 1,126m2 block.

The economic indicators certainly bode well for Hawthorndene. It’s an area with low unemployment (1.8% at last count by the ABS), and its average weekly family income – at $1,479 – was 40% above the statewide figure of $1,052 during the last Census. SQM Research expects this gap hover at around the same level for the next five years.

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Metrics i HOUSE UNIT
$515,000 N/A
0.24% N/A
10.16% N/A
4.41% N/A
$400 N/A
60 N/A
4.04% N/A
76.21 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 3178
Median household income ($/weekly) 1580
Median age of persons 40
Median housing loan repayment ($/monthly) 1593
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 487 15.3
    35-44 years 506 15.9
    45-54 years 472 14.8
    55-64 years 438 13.8
    65-74 years 313 9.8
    Others 964 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 1336 57.1
    Not Married 800 34.2
    Defacto Relationship 203 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2521 81.5
    Greece 29 0.9
    Papua New Guinea 28 0.9
    United Kingdom 333 10.8
    Other 57 1.8
    Others 127 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.8
    Christianity 1761 60.1
    Hinduism 4 0.1
    Other Religious Groups 18 0.6
    No Religion 1123 38.3
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 89 8.6
    $1,000-$1,249 88 8.5
    $1,500-$1,999 162 15.7
    $2,000-$2,499 127 12.3
    $2,500-$2,999 108 10.4
    Others 460 44.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 940 38.3
    Not in the labour force 760 31.0
    Employed, worked part-time 595 24.3
    Employed, away from work 98 4.0
    Unemployed, looking for work 60 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 205 12.6
    Professionals 569 34.9
    Technicians & trades workers 198 12.1
    Community & personal service workers 158 9.7
    Clerical & administrative workers 220 13.5
    Others 281 17.2
    Occupation
    Census Count Percent(%)
    Pre-school 49 5.5
    Infants/Primary 349 39.5
    Secondary 227 25.7
    Technical or Further Educational Institution 64 7.2
    University or other Tertiary Institutions 169 19.1
    Others 26 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3027 99.3
    Semi-detached, row or terrace house, townhouse 16 0.5
    Flat, unit or apartment 6 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 564 50.0
    Fully owned 450 39.9
    Rented 114 10.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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