Hawthorn

Hawthorn, VIC 3122, with a population of 22,322 residents, is a vibrant suburb popular among professionals and managers, with a strong representation of individuals aged 20 to 34 years. The suburb offers a mix of commuting options, with a significant number of residents working from home. The education advantage for students in government schools is high, with an ICSEA percentile mean of 92.0. For house investors, Hawthorn presents an opportunity for potential renovators with a high saleprice IQR ratio. Additionally, the suburb shows strong growth potential with a median growth rate of 9.6% and low vacancy rates. On the other hand, unit investors may find the market more competitive but with a decent yield median and a market absorption rate above 10%, indicating good demand. Hawthorn, VIC 3122, is an attractive suburb with a diverse demographic profile, ideal for professionals and families. The suburb offers promising opportunities for both house and unit investors, with the potential for property value appreciation and steady rental income. The high demand for work from home options further adds to the appeal of this bustling inner-city locale. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022