Hawthorn is a smaller suburb in South Australia within the Mitcham local government area (postcode 5062). With a population of 2,221, the suburb has an established demographic with a median age of 43. Households earn a median income of $123K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Hawthorn is $1.7 million, having dropped significantly 35.7% over the past year. The current median weekly rent is $625. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,600.
Public transport access includes 1 rail station, 17 bus stops. The crime rate in the Mitcham LGA is moderate at 4,367 incidents per 100,000 population.
From an investment perspective, Hawthorn offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.7M/$950K), placing it in the premium segment. The price-to-income ratio of 13.6x is considered stretched. House prices have moved -35.7% year-on-year.
Hawthorn is a smaller suburb in South Australia within the Mitcham local government area (postcode 5062). With a population of 2,221, the suburb has an established demographic with a median age of 43. Households earn a median income of $123K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Hawthorn is $1.7 million, having dropped significantly 35.7% over the past year. The current median weekly rent is $625. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,600.
Public transport access includes 1 rail station, 17 bus stops. The crime rate in the Mitcham LGA is moderate at 4,367 incidents per 100,000 population.
From an investment perspective, Hawthorn offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.7M/$950K), placing it in the premium segment. The price-to-income ratio of 13.6x is considered stretched. House prices have moved -35.7% year-on-year.