At number 3089th in the list of Australian suburbs ordered by increase in median house value over the last year, Hawthorn East, 3123 is in the BOTTOM 30% with a property value increase of -0.27% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hawthorn East has increased when compared to the 5 year average annual rate.
The most recent median price for Hawthorn East is $1860000, with sellers offering an average of -5.71% off the asking price.
Using the current median advertised rental of $660 and the average annual increase in value of a median property of 9.94%, investors should hope to achieve an overall return of 1.85%
Hawthorn East is in the bottom 30% in VIC when comparing median price capital growth over the last year. Hawthorn East gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.50%.
Hawthorn East,3123 has offered an average of -2.50% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.95% offered to property buyers. Sellers in Hawthorn East itself are offering an average vendor discount of -6.77% to real estate investors.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 6.09%, investors should hope to achieve an overall return of 3.51%