Hawthorn East is a well-established suburb in Victoria within the Boroondara local government area (postcode 3123). With a population of 14,834, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $117K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Hawthorn East is $2.6 million, having declined 6.7% over the past year. Units have a median price of $620,000 (-2.6% YoY). The current median weekly rent is $565. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $2,500.
Hawthorn East is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 1149, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 2 tram stops, 16 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Boroondara LGA is moderate at 5,549 incidents per 100,000 population.
From an investment perspective, Hawthorn East offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.6M/$875K), placing it in the premium segment. The price-to-income ratio of 22.1x is considered stretched. House prices have moved -6.7% year-on-year.
Hawthorn East is a well-established suburb in Victoria within the Boroondara local government area (postcode 3123). With a population of 14,834, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $117K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Hawthorn East is $2.6 million, having declined 6.7% over the past year. Units have a median price of $620,000 (-2.6% YoY). The current median weekly rent is $565. This gives a gross rental yield of approximately 1.1%. The median monthly mortgage repayment is $2,500.
Hawthorn East is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 1149, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 2 tram stops, 16 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Boroondara LGA is moderate at 5,549 incidents per 100,000 population.
From an investment perspective, Hawthorn East offers a gross rental yield of 1.1%, rated as low yield. Property prices are above the state median ($2.6M/$875K), placing it in the premium segment. The price-to-income ratio of 22.1x is considered stretched. House prices have moved -6.7% year-on-year.