Question 1

Is Mount Hawthorn a nice place to live?

Accepted Answer

Mount Hawthorn is a delightful suburb that offers a harmonious blend of urban convenience and suburban charm, making it a fantastic place to call home. Its vibrant atmosphere is characterized by a mix of heritage and modernity, with charming character homes lining the streets. The suburb is known for its lively café culture and boutique shopping, providing residents with plenty of options for dining and leisure. Families will find Mount Hawthorn particularly appealing, thanks to its excellent schools and abundance of parks, which create a nurturing environment for children to grow and play.

Safety and community spirit are strong in Mount Hawthorn, contributing to a welcoming and secure environment for all residents. The suburb's proximity to Perth's CBD makes it an attractive choice for professionals seeking a convenient commute, while still enjoying the relaxed pace of suburban life. However, this convenience does come with a trade-off, as property prices can be higher compared to more distant suburbs. Additionally, while the area is rich in amenities, those seeking a bustling nightlife may need to venture into the city or nearby hubs like Leederville.

For families, Mount Hawthorn offers a supportive and engaging community, with a high percentage of households being couple families with children. The suburb's strong sense of community is evident in its local events and gatherings, fostering connections among residents. While renting is less common, the stability of the housing market suggests a strong, established community, making it an ideal location for those looking to settle down long-term. Overall, Mount Hawthorn is a charming and vibrant suburb that balances the best of city and suburban living, making it a wonderful place to live for families and professionals alike.

Question 2

Is it expensive to live in Mount Hawthorn?

Accepted Answer

Living in Mount Hawthorn can be quite expensive, especially when considering the housing market. The median house price is currently around $1,785,000, which is significantly higher than many other suburbs in Perth. Renting isn't much cheaper either, with the average rent for houses over the past year sitting at $950 per week. Units, while not as common, have an average rent of $700 weekly.

When you compare these housing costs to the average wage in Mount Hawthorn, which is approximately $85,000 per year, it's clear that a substantial portion of income would need to be allocated towards housing expenses. The median total household income weekly is $2,890, which suggests that while some households may comfortably manage these costs, others might find it challenging.

Overall, while Mount Hawthorn offers the benefits of being an inner suburb with proximity to Perth's amenities, the cost of living, particularly in terms of housing, is on the higher side. If you are thinking of living in Mount Hawthorn, it's important to consider whether your financial situation can accommodate these expenses.

Question 3

Is Mount Hawthorn a good place to invest?

Accepted Answer

Mount Hawthorn is shaping up to be a promising spot for property investment. Over the past year, the suburb has seen a significant increase in median house values, rising by 13.4%, and an even more impressive 15.1% jump in unit values. This upward trend suggests a strong demand for property in the area, which is always a positive sign for investors looking for capital growth.

In terms of rental returns, houses in Mount Hawthorn have experienced a substantial 18.8% increase in rent over the last year. This indicates a robust rental market, making it an attractive option for those seeking steady rental income. Although unit rents have remained stable, the rise in unit values suggests that there is still interest and potential for growth in this segment.

Overall, Mount Hawthorn offers a compelling mix of capital growth and rental income potential. Its recent performance in both property values and rental returns highlights its appeal as a solid investment choice. With its vibrant community and proximity to key amenities, Mount Hawthorn is well-positioned to continue attracting both buyers and renters, making it a suburb worth considering for investment.

	Houses	Units
Median price Past 3 months	$1.90M	N/A
Change in value Past 12 months	10.9%	16.3%
Sold Past 3 months	19	4
Median days on market Past 12 months	12	11
Average rent Past 12 months	$940	$700
Change in rent Past 12 months	21.3%	N/A

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