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Hawthorn East, VIC 3123

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketWalkable

Median House

$2,410,000

market range $2.3M-$2.5M

Median Unit

$635,000

market range $575K-$750K

Gross Yield (houses)

2.4%

1yr Growth (houses)

-5.0%

market range -12.5% to +0.0%

Investment snapshot for Hawthorn East

Hawthorn East has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Hawthorn East market and investor summary

In Hawthorn East, VIC 3123, the median house sells for around $2.4M, on a gross rental yield of 2.4% for houses. House prices have moved -5.0% over the past year and -13.0% over three years. At 1.8% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.4% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.8% and a resident base that is not shrinking.

Living in Hawthorn East: people, income and schools

Hawthorn East has a resident population of roughly 14,834, a number that has held fairly steady over five years. At a median age of 36, it reads as broadly working-age.

The typical household income runs to around $117,000 a year (about $2,250 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 20.6 times local household income, so affordability is a genuine constraint on local buyers.

Families have 106 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Hawthorn East sits about 7.9 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 84 for walkability and 100 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.

Population
14,834
+5% over 5yr
Median age
36 years
Median household income
$117,000/yr
Households renting
45%
Family households
44%
Socio-economic rank
10/10
ABS advantage index
Schools within 5km
106
avg ICSEA 1123
Unemployment
2.9%
Distance to CBD
7.9 km
Walk score
84/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Hawthorn East

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Frequently asked questions about Hawthorn East

What should I check before investing in Hawthorn East?

Hawthorn East has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.1%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (1.8% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Hawthorn East?

The median property price in Hawthorn East, VIC 3123 is $2.4M for houses and $635K for units.

What rental yield does Hawthorn East show?

The gross rental yield in Hawthorn East is 2.4% for houses and 5.1% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Hawthorn East?

House prices in Hawthorn East are down 5.0% over the past year and down 13.0% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Hawthorn East?

The current vacancy rate in Hawthorn East is 1.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Hawthorn East?

Hawthorn East has a population of approximately 14,834 residents, with a median age of 36.

What schools are near Hawthorn East?

There are 106 schools within roughly 5km of Hawthorn East. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Hawthorn East affordable to buy in?

A median house in Hawthorn East costs about 20.6 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Hawthorn East's population growing?

The population of Hawthorn East has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Hawthorn East from the CBD?

Hawthorn East is about 7.9 km from the CBD.

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