West Coast versus Hawthorn for property bragging rights

West Coast versus Hawthorn for property bragging rights
West Coast versus Hawthorn for property bragging rights

As the feathers fly in Saturday's AFL Grand Final between Victoria's Hawthorn Hawks and Western Australia's West Coast Eagles, property markets in the hometowns of both contenders show a near level playing field, according to LJ Hooker.

LJ Hooker’s national research manager Mathew Tiller compared house markets in the suburbs of Hawthorn and Subiaco (home of the West Coast Eagles’ Domain Stadium) and said if you’re landlord, you’d be happier in Subiaco with weekly rents some $100 more and a gross rental yield of 3.3%

“As expected, Hawthorn had the higher median sale price ($1.44m) and triple the combined value of homes sold over the year ($375m), and more than double the number of properties sold (224)," he said.

"The average time taken to sell a house in the inner-city markets is near identical at 67.6 for Subiaco and 67.7 days for Hawthorn, respectively. 

“Hawthorn residents (13.8 years) were also likely to stay put longer than Subiaco locals (9.9).

“However, while Subiaco’s median house price ($1.2m) dropped 1.8% over the 12 months, it still held its own better than Hawthorn’s (-2%). 

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West Coast versus Hawthorn for property bragging rights

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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Property News Housing Market

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