Suburb Profile Report for Hawthorn East VIC (3123)

Hawthorn East House: Median price $1,790,000, Annual capital growth 9.70%, Number of sales 160, Weekly median advertised rent $680

Hawthorn East Unit: Median price $609,750, Annual capital growth 7.01%, Number of sales 184, Weekly median advertised rent $400

  • 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 8.96% 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.

Metrics i HOUSE UNIT
$1,790,000 $609,750
2.29% -0.81%
-4.28% 6.04%
9.70% 7.01%
$680 $400
160 184
1.98% 3.41%
64.88 70.33

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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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