Hawthorn East, VIC
Find the latest property data and property news available for the suburb of Hawthorn East, plus mapping tools and demographic information. If you are thinking of selling, buying, or investing in property in Hawthorn East, then our suburb snapshot is crucial reading. Property price and rental data for the suburb of Hawthorn East is provided by RP Data.
News
The property is leased to Paul Mathis for seven-years with two further seven-year terms and returns $260,000 per annum plus GST with fixed annual increases.
Property Observer's Nicola Trotman takes a look at a growing trend.
Five properties sold for more than $2 million this week, Taking out second spot is a Melbourne house designed for Nobel Prize-winning virologist Sir Frank Macfarlane Burnet.
Suburb Snapshot
Houses
| Median sale price | $1,220,000 |
| Change in median price in last year | -1.2% |
| Change in median price in past five years | 10.4% |
| Average discount | -9.4% |
| Average time on market | 84.4 |
| Average hold period | 13.0 |
| Median price for houses $350k to $750k | $590,000 |
| Median price for houses over $750k | $1,350,000 |
| Median asking rent | $600 |
| Indicative gross rental yield | 2.6% |
Units
| Median sale price | $504875 |
| Change in median price in last year | -5.6% |
| Change in median price in past five years | 14.7% |
| Average discount | -8.4% |
| Average time on market | 78.4 |
| Average hold period | 10.5 |
| Median price for units $350k to $750k | $485,000 |
| Median price for units over $750k | $905,000 |
| Median asking rent | $380 |
| Indicative gross rental yield | 3.9% |
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