Hawthorn, VIC 3122, with a population of 22,322, has a diverse age range with a significant number of young adults. The suburb has a high proportion of professionals and managers, along with good transport options including a high number of commuters who work from home. The area boasts a relatively high median household income and a moderate social housing ratio. For Houses: Hawthorn presents an opportunity for investors seeking high-value properties with a good potential for renovation due to the high saleprice IQR ratio. The suburb has shown positive median growth rates, but buyers may find good deals with a median rental yield of 2.4%. For Units: Investors may find potential in the unit market with a moderate saleprice IQR ratio, indicating a range of property prices. The market absorption rate for units is notably high, indicating strong demand. Hawthorn, VIC 3122, offers a vibrant lifestyle with a mix of age groups and easy access to transport options. For investors, the suburb provides opportunities in both the house and unit markets, with potential for renovation and strong demand for units. The educational advantage of students in the area is high, making it appealing for families looking to settle in a well-established suburb. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022