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Hawthorn

POSTAL CODE: SA, 5062
HOUSE
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Property investments in HAWTHORN did not fare well against the rest of the country last year, registering a median home price decrease of -10.87%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains HAWTHORN, 5062 saw average growth in the long term.

Real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 45 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,600,000.

HAWTHORN ranks 344th on the list of best yielding suburbs for rental properties in SA, posting a 2.11% return.

Surburb overview

Hawthorn, located approximately 7 kilometres south of Adelaide’s central business district, is a prestigious and well-established suburb within the City of Mitcham. Known for its leafy streets, historic homes, and proximity to the CBD, Hawthorn offers a peaceful, suburban lifestyle with access to both modern conveniences and heritage charm. The suburb has a population of around 2,200 residents, making it a quiet and highly desirable area for families, professionals, and retirees.

The demographic of Hawthorn includes a mix of established families, professionals, and older residents. Many homes in the suburb are owner-occupied, and the area is known for its character-filled properties, including grand historic houses and more modern developments. English is the predominant language spoken, and the median age in Hawthorn is slightly above the national average, reflecting its appeal to established families and retirees seeking a tranquil environment close to the city.

Public transport in Hawthorn is excellent, with the nearby Mitcham and Unley Park train stations providing direct access to the Adelaide CBD via the Belair railway line. Several bus routes also run through the area, offering convenient connections to the city and surrounding suburbs. Hawthorn’s location near major roads such as Belair Road and Cross Road makes commuting by car easy and convenient.

Hawthorn offers a variety of local amenities, with shopping centres such as Mitcham Square Shopping Centre and Unley Shopping Centre nearby, providing supermarkets, cafes, restaurants, and specialty stores. The suburb is also close to several parks and recreational areas, including the picturesque Soldiers Memorial Gardens and Mitcham Reserve, offering green spaces for walking, picnicking, and outdoor activities.

Educational facilities in and around Hawthorn include prestigious schools such as Mitcham Primary School, Unley High School, and Scotch College, making it an attractive suburb for families with school-aged children. The combination of excellent schooling options and proximity to both the CBD and recreational facilities further enhances its appeal to families.

With its elegant homes, peaceful streets, and proximity to both city conveniences and natural beauty, Hawthorn is a highly sought-after suburb for a wide range of residents looking for an upscale, family-friendly lifestyle within easy reach of Adelaide’s CBD.

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