Property value increases in Hawthorn East have tracked lower than the VIC average of 8.96% over the last 12 months.
Hawthorn East,3123 was ranked 1641 in Australia by increase in median property value over the quarter.
The most recent median price for Hawthorn East is $1790000, with sellers offering an average of -5.09% off the asking price.
Renters in Suburb are facing rents around $8160 per annum or $680 every week.
With a capital gain of 6.04% for the last 12 months, Hawthorn East, 3123 has performed for property investments than its average annual 7.01% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Hawthorn East has given property investors a paper return of -0.81%. This puts Suburb as 265 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.07% offered to property buyers. Sellers in Hawthorn East itself are offering an average vendor discount of -6.61% to real estate investors.
Situated 6.67km from the CBD, Hawthorn East is one of Boroondara localities in the postcode 3123.