If you compare the increase in value of investment property in Hawthorn East, 3123 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 24.30%.
A 92.31% growth in median value for property investors in Hawthorn East,3123 puts this suburb at number 21th in terms of best performing suburbs in VIC
The most recent median price for Hawthorn East is $2225000, with sellers offering an average of -8.05% off the asking price.
Renters in Suburb are facing rents around $7740 per annum or $645 every week.
With a capital gain of -0.51% for the last 12 months, Hawthorn East, 3123 has performed for property investments than its average annual 4.42% property growth over the last 5 years.
The five-year average increase in median property values for Hawthorn East,3123 has given property investors a potential capital gain of 8.89% across each of those five years.
Vendor discounting in Hawthorn East is giving property investors an average Vendor Discount of around -7.68%. This puts suburb at number 21th in VIC when ranking the most discounted suburbs.
With the median price for a house in Hawthorn East being $591950 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.51%