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Hawthorne

POSTAL CODE: QLD, 4171
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Homeowners and real estate investors betting on HAWTHORNE, 4171 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 10.12%.

A steady increase in median property prices over a five-year period in the suburb translates to a 37.65% capital gain.

Property investors in HAWTHORNE enjoyed capital gains of 10.12% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $2,340,000.

Profits due to an upward trend in home prices there averaged 12.55% per annum over a 3-year period.

Home owners selling their properties and realtors in HAWTHORNE usually have to wait an average of 68.6 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $1000 mark, reflecting a 2.22% increase in returns based on the current median price in HAWTHORNE.

HAWTHORNE, 4171 places 905th in Australia based on median property value growth during the quarter.

Surburb overview

Hawthorne is a suburb located approximately 6.5 kilometres east of Brisbane's central business district. As of the 2021 census, it has a population of 5,090 residents.

Hawthorne is a riverside suburb characterised by its leafy streets and community atmosphere. It offers parks, scenic views, and a neighbourly feel, making it a desirable location for families and professionals alike.

The suburb's name is believed to derive from either the hawthorn bushes planted in the area during the 1850s and 1860s or from Hawthorn in Melbourne, where early landowner William Baynes resided before moving to Queensland in 1859.

Hawthorne is well-serviced by public transport, including bus routes 230 and 232, which provide access to Brisbane's CBD, Fortitude Valley, and surrounding suburbs. The suburb also features a CityCat ferry terminal, offering residents convenient river transport options.

The suburb boasts various amenities, including cafes, boutiques, gyms, and medical facilities, all within a community environment. Notably, the Hawthorne Cinema complex on the Road is a classic theatre that opened in the 1940s and contains one of Brisbane's largest curved and two smaller screens. Residents can also access numerous parks and green spaces, enhancing the suburb's appeal.

Lourdes Hill College, established in 1916 by the Sisters of the Good Samaritan, is a Catholic secondary school for girls located at 86 Hawthorne Road. In 2017, the school had an enrollment of 1,234 students.

Hawthorne's market is vibrant, with 485 properties available for sale, catering to various lifestyles and preferences.

Hawthorne's blend of suburban tranquillity, rich history, and proximity to Brisbane's urban amenities makes it a sought-after suburb within the city's eastern corridor.

 

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