At number 2091th in the list of Australian suburbs ordered by increase in median house value over the last year, Hawthorn, 5062 is in the BOTTOM 50% with a property value increase of 4.31% recorded in median house prices.
A 3.61% growth in median value for property investors in Hawthorn,5062 puts this suburb at number 283th in terms of best performing suburbs in SA
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.55% offered to property buyers. Sellers in Hawthorn itself are offering an average vendor discount of -5.10% to real estate investors.
At number 875 in a list of fastest selling suburbs, Hawthorn is in the TOP 30% of suburbs in Australia with an average of days on market 60 for properties listed there.
Renters in Suburb are facing rents around $5790 per annum or $482.5 every week.
Property investors looking for a bargain in Hawthorn should be aiming for at least -2.12% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
Situated 4.37km from the CBD, Hawthorn is one of Mitcham localities in the postcode 5062.