Hawthorn East
3123 VIC
Hawthorn East, VIC 3123 is a vibrant suburb with a growing population. The residents are predominantly professionals and managers, reflecting a high level of educational advantage. The suburb offers various commuting options, with a significant number of residents working from home. As for age distribution, there is a notable presence of young adults and middle-aged individuals.
For houses in Hawthorn East, the suburb shows potential for renovation projects due to a high sale price IQR ratio. On the other hand, units offer relatively good rental yields. Both property types have low vacancy rates and a balanced room demand-supply ratio, indicating stability in the rental market.
Hawthorn East, VIC 3123 is an appealing suburb for both investors and homebuyers. With a diverse demographic profile and strong educational indicators, the suburb presents opportunities for property development and long-term investment. The high demand for rental properties, coupled with various commuting options and low vacancy rates, further enhances the investment appeal of this suburb.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Neighbouring Suburbs
Suburb Highlights
Pricing and long-term growth profile for Hawthorn East houses.
Median Price
$2.226M
# Sales
107
12M Growth
0.3%
10Y Ave Growth
1.0%
Why Buyers Look Here
Tight supply — Only 1.3% of stock on market — limited turnover supports price growth.
Fast selling market — Properties sell in a median of 27 days — high buyer competition.
Low vacancy — 1.4% vacancy rate — strong rental demand and tenant retention.
Capital Growth
Pricing and long-term growth profile for Hawthorn East houses.
Median Price
$2.226M
# Sales
107
12M Growth
0.3%
10Y Ave Growth
1.0%
Rental Market
Yield, rental pricing and vacancy performance for Hawthorn East houses.
Weekly Rent
$1100
Rental Yield
2.6%
Vacancy Rate
1.4%
Rentals Last 12M
175
Supply & Demand
Stock levels, days on market and selling conditions for Hawthorn East.
Stock on Market
1.3%
Days on Market
27
Building Approvals
0.6%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Hawthorn East.
Population
14,834
Owner Occupiers
58%
Median Income
$117k
IRSAD Rank
98
Recent Sales
Recently sold properties in Hawthorn East.
