Giving property investors a a solid capital gain of 15.84% for the last year, Hawthorn, 5062 is the 736th highest performer in Australia in this respect.
Hawthorn,5062 was ranked 3460 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Hawthorn should be aiming for at least -10.36% off the asking price, which is the average vendor discount being achieved at the moment.
At number 326 in a list of fastest selling suburbs, Hawthorn is in the TOP 10% of suburbs in Australia with an average of days on market 38.83 for properties listed there.
Using the current median advertised rental of $490 and the average annual increase in value of a median property of 5.76%, investors should hope to achieve an overall return of 2.47%
At number 1587th in the list of Australian suburbs ordered by increase in median house value over the last year, Hawthorn, 5062 is in the BOTTOM 10% with a property value increase of -12.37% recorded in median house prices.
A -1.49% growth in median value for property investors in Hawthorn,5062 puts this suburb at number 118th in terms of best performing suburbs in SA
A $290 per week rent on the median house gives suburb investors a gross yield of circa 4.57%, without taking into account capital value appreciation, which has been averaging out at 2.15%.