Property investors who have had real estate in Hawthorn East, 3123 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 22.11%
Over the longer term, Hawthorn East has seen property prices show investors a 60.52% return over the last 3 years. This is worse than over the last 12 months
At number 617th of VIC’s most discounted properties, Hawthorn East is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Advertised rents are around the $600 mark per week – giving a return of 1.69% based on the median price in Suburb
Investment property in Hawthorn East has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.81%
Over the longer term, Hawthorn East has seen property prices show investors a 11.54% return over the last 3 years. This is worse than over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.27% offered to property buyers. Sellers in Hawthorn East itself are offering an average vendor discount of -7.29% to real estate investors.
Often selling an investment property can take time, and in Hawthorn East the average time real estate has been on the market is 84.86 days.
The VIC suburb of Hawthorn East, 3123 is in the Boroondara local government area.