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hawthorn
3122, Victoria
Real Estate & Property Information
Median
Price Rank 17
Price Rank 17
hawthorn Suburb Profile & Review
Hawthorn has a certain old-fashioned charm. Located fifteen minutes from the city, its narrow streets are full of Victorian cottages and Edwardian mansions, though there are plenty of high-rise apartment blocks as well.
Find coffee shops, cafes, restaurants and bars on Glenferrie Road, or boutiques, organic health food stores and hairdressers in Auburn Village. Porgie and Mr Jones is a whimsical all-day breakfast cafe on Auburn Road. Head to Central Gardens for a barbeque, where the kids can climb the giant rocket in the playground. From Hawthorn, Glenferrie or Auburn Station catch a train into the city on the Belgrave/Lilydale or Alamein lines, or jump on one of the trams running along Glenferrie Road.
Hawthorn has a healthy student population due to the sheer number of schools in the suburb. Scotch College is one of the most respected private schools in Victoria. The Swinburne University and TAFE campus attracts a number of live-in university students who frequent the many pubs in the area.
Invest/Buy/Sell Checklist
Research
- 7 Tips On How To Buy/Sell
- Property/Suburb Report
- Buyer/Vendor Advocacy
- Finance Strategy & Lending
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7 Tips On How To Buy/Sell Enquiry
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Property/Suburb Report Enquiry
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Buyer/Vendor Advocacy Enquiry
Receive Independent Advice about Buying or Selling Our qualified buyer and vendor advocates can help you build your property portfolio with quality capital growth properties or conversely help you sell your property. Their thorough processes are designed to suit your specific needs, and their independent advice can take the stress out of the buying and selling process.
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Finance Strategy & Lending Enquiry
Hone Your Financial Knowledge by Speaking to a Finance Broker
Obtain personalised service you can’t find at a bank. Educate yourself about the financial issues involved with buying and selling a property by speaking to a qualified finance broker. They will advise you regarding the best finance options available to you. They can also discuss methods to create wealth and improve your cash-flow.
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Due Diligence
- Ownership Structure
- Property Valuation
- Rental Appraisal
- Sale Contract Review
- Building & Pest Inspection
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Ownership Structure Enquiry
Are you financially structured the right way to invest in property?
Talk to a professional who is able to sit down with you and assess your goals and structure your finances in a way that will help you invest in property for the long-term.
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Property Valuation Enquiry
Have you bought your first investment property and don’t know where to start when it comes to management or just looking for a change? Find a property manager that specialises in customer service, communication, minimal rental arrears, routine inspections and quality tenants.
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Rental Appraisal Enquiry
Have you bought your first investment property and don’t know where to start when it comes to management - or are you just looking for a change? Find a property manager that specialises in customer service, communication, minimal rental arrears, routine inspections and quality tenants.
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Sale Contract Review Enquiry
Check your Contracts Before Making an Offer
If you are serious about purchasing or selling a property with the least hassle then you should engage the services of a reputable conveyancer or lawyer who specialises in property. Have your contracts looked over before buying your next dwelling, for any possible concerns like easements, titles and any caveats, body corporate rules, zoning and planning potential issues.
What is Conveyancing?
Conveyancing is the term used to describe the way that a title, rights or interest in land is legally transferred from one person to another.
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Building & Pest Inspection Enquiry
Understand the Condition of Your Property Before You Buy
Avoid any nasty surprises before purchasing your property. Request a building and pest inspection report. This report will tell you everything you need to know about the condition of the property, including interior and exterior defects, termite activity and the presence of environmental dangers such as asbestos.
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Post Purchase
- Landlords Insurance
- Depreciation Schedule
- 1. Capital works allowance (Division 43) Takes into account the construction costs of the building itself, such as concrete and brickwork
- 2. Plant and equipment (Division 40) A deduction available for removable assets identified by the ATO that depreciate at a faster rate than the building eg carpet, dishwasher, blinds, ovens.
- Removalist
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Landlords Insurance Enquiry
Get Peace of Mind with Quality Landlord Insurance Protection?
Buying an investment property for the first time? Concerned about tenants damaging your property, rental loss or losing your job and being unable to pay your mortgage?
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Depreciation Schedule Enquiry
What is a Depreciation Schedule?
A depreciation schedule of your investment prepared by a Quantity Surveyor for the purpose of claiming against your taxable income. There are two main elements taken into account when preparing this report.
Tax Depreciation Calculator
Get an estimate of the likely depreciation deductions using the following Tax Depreciation Calculator
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Removalist Enquiry
Find the Best Removalist for the Job
Take the stress out of relocating by getting in touch with an efficient and qualified removalist team. Professional removalists can help you with packing, loading and unloading during your local or interstate move.
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Adding value
- Planning & Permits
- Trades
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Planning & Permits Enquiry
Find Out Whether Your Property Has Development Potential
Would you like to find out whether your property is subdividable and if you can increase the value of your property by obtaining plans and permits? Or you are looking to extend or renovate your new purchase and need plans and permits?
Our property development experts review whether your property is suitable for development. They carry out the due diligence on the development potential of your property, look at the options available to you (fully costed and assessed), discuss a development strategy, prepare plans to submit to a town planner and local council, and work through applications to achieve town planning approval.
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Trades Enquiry
Find a Qualified Local Tradesperson
Finding a qualified and reputable local tradesperson can be a hassle, whether you’re looking for an electrician, carpenter, plumber, builder, handyman, gardener or carpet cleaner. Be connected with the right tradesperson today.
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hawthorn Demographic Data
$ 1,305,000 Median House Price
16 Minutes Average Commute
31 Median Age
21,177 Population
50.75 % Female
49.25 % Male
What this means
The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in hawthorn, Victoria.
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hawthorn Demographic Data
The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.
It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.
What this means
Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.
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hawthorn 5 Year Median House Prices
Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in hawthorn have performed, and it usually indicates how they will perform in the future.
Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term hawthorn property price predictions.
hawthorn Market Property Types
- 33 % Seperate House
- 13 % Semi Detached
- 53 % Flat or Unit
- 1 % Other Dwelling
What this means
The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.
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hawthorn Market Property Types
Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.
This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.
hawthorn Income & Mortgage Stats
- $ 1,628 Median Weekly Household Income
- $ 2,193 Median Monthly Mortgage
What this means
This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in hawthorn
Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.
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hawthorn Income & Mortgage Stats
To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%
Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.
hawthorn Sold Property Prices
95 MANNINGTREE ROAD
81 RIVERSDALE RD
6 SWINBURNE AVENUE
4.02/410 Burwood Road
13/474 Glenferrie Road
179 RIVERSDALE ROAD
hawthorn Real Estate Experts
In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.
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- Todd Braggins
- Marshall White One
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- Campbell Ward
- Jellis Craig
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- Tim Picken
- Kay & Burton
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hawthorn Related Local Blog Posts
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hawthorn Restaurants
- Zen Japanese Restaurant388 Burwood Rd hawthorn VIC 312203 9818 0116
- Viet Star750 Glenferrie Rd hawthorn VIC 312203 9818 5090
- Thai Saffron223 Riversdale Rd hawthorn VIC 312203 9818 1932
hawthorn Cafes
- Ellery & Co46 Church Sthawthorn VIC 312203 9853 3533
- La Tropezienne780 Glenferrie Roadhawthorn VIC 312203 9818 1895
- Coffee Hit81 Church Streethawthorn VIC 312203 9819 9012
hawthorn Schools
- Swinburne UniversityJohn Streethawthorn VIC 3122(03) 9214 8000Adult Multicultural Education Service
- St. Josephs Primary School571 Glenferrie Roadhawthorn VIC 3122(03) 9818 7570Catholic Primary School
- Rossbourne School131 Power Streethawthorn VIC 3122(03) 9819 4611Specialist School
hawthorn Childcare
- Glenferrie Early Childhood Centre586 Glenferrie Roadhawthorn VIC 3122
- Hawthorn Community House Child Care Services39 William Sthawthorn VIC 3122
- Swinburne Community CC32-36 Park Streethawthorn VIC 3122
hawthorn Kindergarten and Preschools
- Manresa Kindergarten84 Lynch Streethawthorn VIC 3122
- Robert Cochrane KindergartenMinona Streethawthorn VIC 3122
- West Hawthorn Preschool39 Brook Streethawthorn VIC 3122
hawthorn Sporting Centres and Clubs
- St. Stephenshawthorn VIC 3122Athletics Club
- Hawthorn Rowing Clubhawthorn VIC 3122Boating Club
- Xavier Rowing Clubhawthorn VIC 3122Boating Club
hawthorn Retirement Villages
- AVEO Lisson Grovehawthorn VIC 3122
- Hawthorn Terrace Hawthorn Easthawthorn VIC 3122
- Rylands of Hawthornhawthorn VIC 3122
Find out How Much your House is Worth in hawthorn
Request a free market Basic Report for hawthorn to get a general idea of property prices in your area, or a more specific CMA Report for the property you own.
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