Hawthorndene is a smaller suburb in South Australia within the Mitcham local government area (postcode 5051). With a population of 3,389, the suburb has an established demographic with a median age of 41. Households earn a median income of $111K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Hawthorndene is $1.2 million, having surged 15.3% over the past year. The current median weekly rent is $508. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,842.
Hawthorndene is served by 1 school, including 1 primary. The average ICSEA score is 1108, which is well above the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Mitcham LGA is low at 1,151 incidents per 100,000 population.
From an investment perspective, Hawthorndene offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 10.9x is considered stretched. House prices have moved +15.3% year-on-year.
Hawthorndene is a smaller suburb in South Australia within the Mitcham local government area (postcode 5051). With a population of 3,389, the suburb has an established demographic with a median age of 41. Households earn a median income of $111K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Hawthorndene is $1.2 million, having surged 15.3% over the past year. The current median weekly rent is $508. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,842.
Hawthorndene is served by 1 school, including 1 primary. The average ICSEA score is 1108, which is well above the national average of 1,000. Public transport access includes 25 bus stops. The crime rate in the Mitcham LGA is low at 1,151 incidents per 100,000 population.
From an investment perspective, Hawthorndene offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.2M/$950K). The price-to-income ratio of 10.9x is considered stretched. House prices have moved +15.3% year-on-year.