Suburb Profile Report for Hawthorn East VIC (3123)

Hawthorn East House: Median price $1,750,000, Annual capital growth 9.13%, Number of sales 150, Weekly median advertised rent $650

Hawthorn East Unit: Median price $620,000, Annual capital growth 7.37%, Number of sales 180, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Hawthorn East have tracked lower than the VIC average of 8.27% over the last 12 months.

Hawthorn East,3123 has offered an average of -2.78% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Hawthorn East should be aiming for at least -3.59% off the asking price, which is the average vendor discount being achieved at the moment.

Hawthorn East, 3123 ranked 73th in VIC when comparing growth in median property values or capital gain over the last 12 months. Hawthorn East is one of 2098 in our list for VIC

If we look at median property appreciation over just the last three months, Hawthorn East has given property investors a paper return of 3.77%. This puts Suburb as 65 on a list of fastest fasting appreciating suburbs in VIC

Vendor discounting in Hawthorn East is giving property investors an average Vendor Discount of around -5.66%. This puts suburb at number 119th in VIC when ranking the most discounted suburbs.

Hawthorn East, 3123’s gross rental yield is 3.31%

Metrics i HOUSE UNIT
$1,750,000 $620,000
0.63% 3.77%
-2.78% 11.61%
9.13% 7.37%
$650 $395
150 180
1.93% 3.31%
59.8 73.88

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 13101
Median household income ($/weekly) 1832
Median age of persons 33
Median housing loan repayment ($/monthly) 2392
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1325 10.1
    25-34 years 2773 21.2
    35-44 years 1807 13.8
    45-54 years 1592 12.2
    55-64 years 1322 10.1
    Others 4283 32.7
    Age Group
    Census Count Percent(%)
    Not Married 4592 46.5
    Registered Married 4332 43.8
    Defacto Relationship 956 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 8639 70.4
    Croatia 381 3.1
    Indonesia 490 4.0
    United Kingdom 480 3.9
    Other 526 4.3
    Others 1760 14.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 364 3.1
    Christianity 6517 55.6
    Hinduism 414 3.5
    Judaism 355 3.0
    No Religion 3844 32.8
    Others 225 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 516 11.3
    $2,000-$2,499 353 7.7
    $2,500-$2,999 666 14.5
    $3,000-$3,499 406 8.9
    $4,000 or more 479 10.5
    Others 2161 47.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 4670 45.0
    Not in the labour force 2873 27.7
    Employed, worked part-time 2134 20.6
    Employed, away from work 380 3.7
    Unemployed, looking for work 325 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1220 17.0
    Professionals 2940 40.9
    Community & personal service workers 528 7.4
    Clerical & administrative workers 947 13.2
    Sales 613 8.5
    Others 934 13.0
    Occupation
    Census Count Percent(%)
    Pre-school 245 7.2
    Infants/Primary 888 26.0
    Secondary 702 20.6
    Technical or Further Educational Institution 221 6.5
    University or other Tertiary Institutions 1246 36.5
    Others 113 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6242 52.0
    Flat, unit or apartment 3603 30.0
    Semi-detached, row or terrace house, townhouse 2109 17.6
    House or flat attached to a shop, office 53 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1964 39.3
    Fully owned 1643 32.9
    Being purchased 1375 27.5
    Other tenure type 16 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals