Discover Hawthorn Real Estate: Houses, Apartments, & Investment Opportunities

🏛️ About This Suburb (Last Updated Date: 2026-03-02)
History, Aboriginal heritage, and the story behind the name.
Hawthorn — Wurundjeri Woi-wurrung Country

Originally a brick-making and orcharding district, Hawthorn evolved into a premier residential suburb following the expansion of the railway in the late 19th century. The suburb features some of Melbourne's most significant Victorian and Edwardian architecture, reflecting its long-standing status as a wealthy enclave.

Today, Hawthorn is a diverse mix of high-wealth families in historic mansions and a large student population centered around Swinburne University and Glenferrie Road.

Overall Score
8.8
A top-tier Melbourne suburb with exceptional lifestyle and educational infrastructure.
🪃
Aboriginal Name
Boroondara— "Where the ground is thickly shaded"
📜
Name Origin
Named after the Hawthorn bush (Crataegus) or potentially James Hawthorn, a pioneer settler.
🏗️
Established
1860s
🏛️
Architectural Heritage
Home to the historic Grace Park Estate and St James Park precincts.
🎓
Education Hub
Contains Swinburne University of Technology and proximity to 'Private School Row'.
🚆
Transport Connectivity
Serviced by three railway stations: Hawthorn, Glenferrie, and Auburn.
📊 Scorecard
12 key dimensions scored 0–10. Each score includes a one-line explanation.
Very Good
📈 Market Momentum
7.2
Steady demand for premium family homes, though unit growth is tempered by high supply.
🛍️ Amenity
9.5
World-class dining and retail along Glenferrie Road and Burwood Road.
🏫 Schools
9.8
Unrivalled access to some of Australia's highest-ranking public and private schools.
🚌 Transport
9.2
Excellent rail and tram networks provide rapid access to the CBD and eastern suburbs.
🛡️ Risk Profile
7.5
Low economic risk but high regulatory risk due to heritage and flood overlays.
🌳 Liveability
9.4
Offers a balanced lifestyle with parks, river access, and urban convenience.
👥 Demographics
9.0
High-income professional base mixed with a transient student population.
🔥 Rental Demand
8.5
Consistently high due to the university presence and professional proximity to CBD.
🚀 Growth Potential
7.0
Limited by high entry prices, but long-term capital growth is historically reliable.
💰 Affordability
2.5
One of Melbourne's most expensive suburbs, particularly for detached housing.
🔒 Crime & Safety
8.2
Generally safe, with typical inner-city opportunistic crime concentrated near transport hubs.
🚶 Walkability
9.1
Highly walkable, especially in the Glenferrie and Hawthorn West pockets.
⚡ Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
🏠
House Median
$2,750,000
Estimated 2026 median
🏢
Unit Median
$645,000
High volume of 1-2 bed apartments
📉
Vacancy Rate
1.4%
Tight rental market
🌳
Green Space
High
Yarra River and Central Gardens
🚉
CBD Distance
6km
12-15 mins by train
📊
Yield
3.6%
Gross yield for units
✅ Key Advantages
  • Unmatched access to elite private schools including Scotch College and Bialik College.
  • Three train stations and multiple tram lines provide superior CBD connectivity.
  • Vibrant retail and culinary scene along Glenferrie Road and Burwood Road.
  • High concentration of heritage-protected Victorian and Edwardian architecture.
  • Proximity to the Yarra River and extensive parklands like Fairview Park.
  • Strong rental demand driven by Swinburne University and young professionals.
⚠️ Key Watch-Outs
  • Restrictive Heritage Overlays (HO) can significantly complicate renovations and extensions.
  • Special Building Overlays (SBO) indicate flood risks in specific low-lying pockets.
  • High entry price point for houses makes it inaccessible for many first-home buyers.
  • Significant traffic congestion on Glenferrie Road and Barkers Road during peak hours.
  • Oversupply of smaller, investor-grade apartments may limit capital growth in the unit sector.
🏘️ Suburb Overview
Character, property mix, price range and what drives value here.
🏙️ Character
Prestigious Academic

How this suburb feels day-to-day.

🏠 Property Types
Grand Victorian estates, inter-war houses, and modern high-density apartments.

Dominant dwelling stock.

💰 Price Range
$550k (units) – $10m+ (estates)

Typical entry to ceiling.

💡 Why It Matters

Hawthorn is a cornerstone of Melbourne's 'Inner East' property market. It offers a unique dual-market: a high-end family home market and a high-turnover student/professional rental market, making it resilient across different economic cycles.

💰 Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
🏠 House Median
$2,750,000

$2.2m – $6.5m+

🏢 Unit Median
$645,000

$480k – $1.2m

📈 Price Trend
+4.2% past 12 months

12-month movement

🔑 Weekly Rents
Houses $1,100pw, Units $580pw

Current asking rents

📉 5-Year Price History
🏘️ Property Type Split

The massive price gap between houses and units reflects the suburb's density. Detached houses are increasingly rare and hold significant scarcity value, while the unit market is more volatile due to supply.

🎯 Affordability
How this suburb compares to metro and state medians.
🏙️ vs Metro Average
145% above Melbourne house median

Price comparison

📋 Income Ratio
14.2x average household income

Median price ÷ median income

💳 Gross Yield
3.6% for units, 1.9% for houses

Estimated rental yield

More AffordableModeratePremium
Entry levelMid rangePremium

Hawthorn is highly unaffordable for average earners. Purchasing a house typically requires significant equity or high-level professional income.

🔥 Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
📊 Vacancy Rate
1.4%

Lower = tighter market

⏱️ Days to Lease
18 days

Avg time on market

📈 Rent Growth p.a.
+9.5% pa

Annual rental increase

Demand Level
Very High
👤 Tenant Profile

University students, medical professionals, and corporate commuters.

💼 Investor Outlook

Unit investors benefit from low vacancy but must compete with high supply. House investors see lower yields but superior long-term capital appreciation and high-quality long-term tenants.

🚀 Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+4.2%
1-Year Growth
+12.5% cumulative
3-Year Growth
+24% cumulative
5-Year Growth
📍 Growth Drivers
  • Ongoing demand for elite school zones.
  • Limited supply of heritage-protected land.
  • Proximity to major employment hubs in the CBD and Richmond.
  • Gentrification of older commercial strips into high-end residential.
⛔ Headwinds
  • High interest rate sensitivity in the $2m-$5m bracket.
  • Increasingly stringent heritage preservation laws.
  • Potential for apartment oversupply in the Glenferrie precinct.
🔮 5-Year Outlook

Expect steady, moderate growth for houses as land value remains the primary driver. Units may see flatter growth unless they are boutique, larger-format developments catering to downsizers.

🛡️ Crime & Safety
Safety index, trend comparison, and what to check locally.
8.2
Safety Score
Above Average
📉 Trend
Stable

vs last 12 months

🏙️ vs Metro Average
12% below metro average crime rate

Relative comparison

Risk Categories
Property Crime: Medium Personal Safety: Low Traffic Incidents: Medium
📋 What to Check Locally

Check local police data for bicycle theft and car break-ins near Glenferrie Station and Swinburne University.

⚠️ Risk Profile
Natural hazards and planning risks to verify before buying.
📋 Summary

The primary risks are regulatory and environmental. Heritage overlays limit development potential, while flood overlays affect property value and insurance premiums in specific zones.

🌊 Flood Risk

Special Building Overlays (SBO) and Land Subject to Inundation Overlays (LSIO) apply to properties near the Yarra and along historic drainage lines.

🔥 Bushfire Risk

Negligible risk; fully urbanized environment.

🏦 Insurance Impact

Higher premiums may apply for properties within the SBO or for high-value heritage structures requiring specialized restoration.

🗺️ Planning & Zoning
Development controls, overlays, and what's changing locally.
📐 Typical Zoning
NRZ (Neighbourhood Residential Zone) for heritage areas; ACZ (Activity Centre Zone) for Glenferrie Road.
🔲 Overlays

HO (Heritage Overlay), SBO (Special Building Overlay), DDO (Design and Development Overlay).

🏗️ Development Hotspots

Burwood Road corridor and the Glenferrie Activity Centre.

Zoning is extremely restrictive in residential pockets to preserve character, which protects value but limits the ability to add floor area or modernise exteriors.

🌳 Liveability
Day-to-day experience — transport, amenity, green space, schools and healthcare.
🚌 Transport

Exceptional; three train stations and trams 16, 48, 70, 75, and 109.

🛍️ Amenity & Retail

High-end; Glenferrie Road is one of Melbourne's premier shopping strips.

🌲 Parks & Recreation

Excellent; access to the Yarra River trails, Central Gardens, and Rocket Park.

🏫 Schools

World-class; arguably the best educational precinct in Victoria.

🏥 Healthcare

Very Good; proximity to Epworth Richmond and St Vincent's Private.

👥 Demographics
Who lives here — income, age, ownership, and education levels.

A sophisticated demographic of high-earning professionals, academics, and a large international student cohort.

💵 Median Income
$115,000 pa (household)
🏠 Ownership
45% owner-occupied, 52% renting
🎂 Age Profile
Median age 34
🎓 Education
62% have a Bachelor degree or higher
📊 Age Distribution

The high percentage of renters and young adults is driven by the university, while the high median income reflects the established resident base in the suburb's south and west.

🏗️ Major Developments
Infrastructure pipeline and what it means for values and liveability.
📋 Overview

Focus is on mid-rise luxury apartments and the revitalization of the Glenferrie Road precinct.

📈 Positive Impacts
  • Improved retail offerings and public realm upgrades.
  • Increased supply of 'downsizer' friendly luxury units.
  • Modernization of commercial spaces on Burwood Road.
📉 Negative Impacts
  • Increased traffic congestion during construction phases.
  • Potential loss of 'village feel' in some shopping strips.
  • Pressure on existing street parking.
🗺️ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
📍Hawthorn East
Position East
Price Slightly more affordable
Lifestyle Quieter, more suburban feel, fewer students.
Best for Families seeking larger blocks with less foot traffic.
📍Kew
Position North
Price Similar to higher
Lifestyle More prestigious, less public transport, larger estates.
Best for Ultra-high-net-worth families prioritizing privacy.
📍Richmond
Position West
Price More affordable for houses
Lifestyle Grittier, more nightlife, better proximity to CBD.
Best for Young professionals and urbanites.
📍Camberwell
Position East
Price Similar
Lifestyle More traditional family focus, famous Sunday market.
Best for Established families and retirees.
🔍 Similar Suburbs
Suburbs with a comparable profile — useful if this one is over budget or sold up.
Armadale
VIC
9.0/10
High-end heritage housing, elite schools, and premium shopping strips.
Prestige Heritage Boutique
Paddington
NSW
8.9/10
Inner-city heritage character, high walkability, and strong professional demographic.
Historic Walkable Elite
Subiaco
WA
8.5/10
Mix of heritage residential and vibrant commercial/university influence.
Urban Academic Lifestyle
New Farm
QLD
8.7/10
River proximity, high-density luxury living, and premium lifestyle amenities.
Riverfront Prestige Dining
💬 Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
📊 Overall Community Sentiment

Residents value the suburb's prestige and convenience but often complain about traffic and the high cost of living.

👨‍💼
Julian
Local resident 15 years
★★★★★
Education and Heritage

The best place in Melbourne to raise kids if you value education; the schools are literally on your doorstep.

Schools Character
👩‍🎓
Sarah
Renter and Student
★★★★☆
Vibrancy

Love the coffee and the vibe on Glenferrie Rd, but finding a park is a nightmare.

Amenity Parking
👴
David
Homeowner
★★★☆☆
Traffic and Noise

The traffic on Barkers Road has become unbearable over the last few years.

Congestion Location
👩‍💻
Elena
First home buyer (Unit)
★★★★☆
Accessibility

I could never afford a house here, but my apartment is 10 minutes from the city by train.

Transport Affordability
Marcus
Local Business Owner
★★★★★
Community

A very loyal local customer base that appreciates quality over price.

Demographics Economy
👩‍💼
Fiona
Landlord
★★★★☆
Investment

Vacancy is never an issue here, though maintenance on these old Victorian terraces is expensive.

Demand Maintenance
💡 Tailored Advice
Personalised guidance for every role in this market.
🧑‍💼 Buyer Strategy
  • Prioritize properties on the 'south of Burwood Road' side for maximum prestige and capital growth.
  • Always conduct a thorough heritage check; a 'Heritage Overlay' can prevent you from even changing window frames.
  • Check the Boroondara flood maps specifically for the 'Special Building Overlay' (SBO).
  • Look for 'unrenovated' units in older brick blocks (1960s-70s) for better value and renovation upside.
  • Attend several auctions to understand the 'Hawthorn Premium'—properties often go 10-15% over quote.
Questions to Ask the Agent
  • Is this property subject to a Heritage Overlay, and are there any specific 'significant' internal features protected?
  • Does the Special Building Overlay (SBO) on this title affect the ability to build a basement or pool?
  • What are the specific school catchment zones for this address for the current year?
  • Are there any planned high-density developments within a 200m radius?
  • Is the parking on-title, or is it a shared/common property arrangement?
  • What is the history of the body corporate fees for this unit block over the last 3 years?
  • Has the property had a recent structural check for rising damp, common in Hawthorn's older brick homes?
🏷️ Seller Strategy
  • Highlight proximity to specific elite schools (e.g., 'within walking distance to Scotch').
  • Invest in high-quality staging that respects the heritage character of the home.
  • Ensure all heritage-compliant permits are in order before listing to avoid buyer cold feet.
  • Target the 'downsizer' market if selling a high-end unit or townhouse.
  • Spring is the peak season here; competition is high but so is the buyer pool.
📣 Positioning Tips

Position the property as a 'generational asset' or an 'educational foothold'. Emphasize the lifestyle 'walkability' to Glenferrie Road and the permanence of the heritage surroundings.

💼 Investment Case

Strongest for 2-bedroom units in boutique blocks or high-end townhouses.

⚠️ Investment Risks

Low capital growth in high-density student towers; high maintenance costs for heritage houses.

📈 Action Plan
  • Target the 'professional couple' tenant profile rather than just students.
  • Look for properties with off-street parking—it is a massive premium in Hawthorn.
  • Focus on the Hawthorn West pocket for proximity to the river and Richmond.
  • Budget for higher-than-average property management and maintenance fees.
🔑 Renter Tips
  • Apply with a complete profile; competition for good units is fierce.
  • Look at the Auburn end of the suburb for slightly better value.
  • Check if the property has heating/cooling—many older Hawthorn units lack modern climate control.
🏘️ What Renters Love Here

Incredible lifestyle, safe streets, and best-in-class transport.

⚠️ Renter Watch-Outs

Parking is extremely difficult; many streets require residential permits which are capped.

🏢 Landlord Strategy
  • Consider offering longer leases (24 months) to attract stable professional families.
  • Regularly update kitchens and bathrooms to stay competitive against new developments.
  • Ensure compliance with Victoria's minimum rental standards, especially regarding insulation in older homes.
📋 Compliance & Management

Strict adherence to the Residential Tenancies Act is required, with a focus on gas and electrical safety audits every two years.

🤝 Agent Insights
  • The market is highly bifurcated between the 'mansion' market and the 'student unit' market.
  • Buyers are extremely well-educated and will ask detailed questions about overlays.
  • School zones are the #1 driver of value for family homes.
🎯 Marketing Angles

The '15-minute suburb'—where work, school, and play are all within a short walk or tram ride.

👤 Target Buyer Profile

High-net-worth families, medical professionals, and wealthy international investors.

✅ Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
Verify Heritage Overlay status via VicPlan.
Check for Special Building Overlay (SBO) or Land Subject to Inundation (LSIO).
Confirm school zone boundaries via findmyschool.vic.gov.au.
Obtain a detailed building and pest inspection (focus on damp and foundations).
Review the Section 32 for any unusual easements or covenants.
Check Boroondara Council's register for recent planning applications nearby.
Assess street parking availability at different times of the day.
Verify if the property is in a 'Parking Permit' restricted zone.
Check the age and condition of the slate roof (if applicable).
Test the water pressure and drainage (critical in older Hawthorn pockets).
Confirm the proximity to the nearest tram or train line for noise impact.
Review the Owners Corporation minutes for the last two years (for units).
📚 Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
⚠️ Important Disclaimer

This report is based on data available as of 2026-03-02. It is intended for informational purposes only and does not constitute financial, legal, or real estate advice. Buyers should perform their own independent due diligence and consult with qualified professionals before making any property purchase.

Hawthorn VIC 3122 - Suburb Profile

Jellis Craig - Boroondara  - Real Estate Agency
Lloyd Lawton
Lloyd Lawton - Real Estate Agent

11/187 Auburn Road, Hawthorn, Vic 3122

$600,000 - $660,000

2 1 1

Open Thursday 9 July 1:00 pm Auction Saturday 1 August 10:00 am
Jellis Craig - Boroondara  - Real Estate Agency
James Fitzpatrick
James Fitzpatrick - Real Estate Agent

39 Bell Street, Hawthorn, Vic 3122

$1,300,000 - $1,400,000

2 1 2

Open Saturday 11 July 10:00 am Auction Saturday 1 August 11:00 am
Jellis Craig - Boroondara  - Real Estate Agency
Abby Gwynne
Abby Gwynne - Real Estate Agent

7/107 Riversdale Road, Hawthorn, Vic 3122

$520,000 - $560,000

2 1 1

Open Thursday 9 July 2:00 pm Auction Saturday 25 July 12:00 pm
Jellis Craig - Boroondara  - Real Estate Agency
George Mitry
George Mitry - Real Estate Agent
Buxton Balwyn - Canterbury - Real Estate Agency
Leo Xu
Leo Xu - Real Estate Agent
Jellis Craig Armadale - Real Estate Agency
Lachie Fraser-Smith
Lachie  Fraser-Smith - Real Estate Agent

2/31 Bell Street, Hawthorn, Vic 3122

Expressions of Interest $540,000 - $570,000

1 1 1

Jellis Craig - Fitzroy - Real Estate Agency
Antony Woodley
Antony Woodley - Real Estate Agent

8/22-24 Muir Street, Hawthorn, Vic 3122

Contact Agent

2 1 2

Open Wednesday 8 July 6:00 pm Auction Saturday 25 July 11:00 am
Jellis Craig - Boroondara  - Real Estate Agency
Ross Stryker
Ross Stryker - Real Estate Agent

506/200 Burwood Road, Hawthorn, Vic 3122

$720,000 - $790,000

2 2 1

Open Thursday 9 July 11:00 am
Jellis Craig - Boroondara  - Real Estate Agency
Ross Stryker
Ross Stryker - Real Estate Agent

302/200 Burwood Road, Hawthorn, Vic 3122

$835,000 - $915,000

2 2 1

Open Thursday 9 July 11:00 am
VICPROP - MANNINGHAM - Real Estate Agency
Kaan Arel
Kaan Arel - Real Estate Agent

403/1 Cook Street, Hawthorn, Vic 3122

$2,445 per week

$2,445
3 2 2

Jellis Craig - Boroondara  - Real Estate Agency
Heather Kirk
Heather Kirk - Real Estate Agent

3/112 Riversdale Road, Hawthorn, Vic 3122

$625 per week

$625
2 1 1

Open Friday 10 July 3:00 pm
Performance Asset Management Melbourne - MELBOURNE - Real Estate Agency
Leasing Concierge
Leasing Concierge - Real Estate Agent
Besser & Co. Estate Agents - Real Estate Agency
Carl Carrubba
Carl Carrubba - Real Estate Agent
Marshall White - Stonnington - Real Estate Agency
Anna Pylkkanen
Anna Pylkkanen - Real Estate Agent
Nelson Alexander - Flemington - Real Estate Agency
Paula Hirmiz
Paula Hirmiz - Real Estate Agent
Student Housing Australia - Melbourne - Real Estate Agency
Mona Tang
Mona Tang - Real Estate Agent
Jellis Craig - Boroondara  - Real Estate Agency
Heather Kirk
Heather Kirk - Real Estate Agent
 Property Now - BRISBANE CITY - Real Estate Agency
Property Now
Property Now - Real Estate Agent
Meadows Property Group - SOUTH YARRA - Real Estate Agency
Georgie Brown
Georgie Brown - Real Estate Agent
Jellis Craig - Doncaster - Real Estate Agency
Frank Perri
Frank Perri - Real Estate Agent
Nelson Alexander - Kew - Real Estate Agency
Shannan Burbidge
Shannan Burbidge - Real Estate Agent
Jellis Craig - Richmond - Real Estate Agency
Takumi Trevena
Takumi Trevena - Real Estate Agent
Nelson Alexander - Kew - Real Estate Agency
Cameron Ingram
Cameron Ingram - Real Estate Agent

18/50 Morang Road, Hawthorn, Vic 3122

Private Sale $565,000

2 1 1

Jellis Craig - Boroondara  - Real Estate Agency
David Banks
David Banks - Real Estate Agent
Jellis Craig - Boroondara  - Real Estate Agency
Bridget Perry
Bridget Perry - Real Estate Agent
WHITEFOX Real Estate - Stonnington - Real Estate Agency
Michael Fava
Michael Fava - Real Estate Agent

5/78 Auburn Road, Hawthorn, Vic 3122

THE DEAL: $950K - $1.045M

2 1 2

BigginScott Stonnington - Real Estate Agency
James Burne
James Burne - Real Estate Agent

Best Real Estate Agents in Hawthorn VIC 3122

Heather Kirk

Leasing Team Leader
Blackburn, Glen Iris, Camberwell, Richmond, South Yarra, Abbotsford, Kew, Alphington, Hawthorn East, Templestowe Lower, Mont Albert, Balwyn, Mont Albert North, Hawthorn, Toorak, Windsor, Kooyong
Call Chat

Daniel Bradd

Sales Executive
Camberwell, Kew East, Kew, Balwyn, Canterbury, Hawthorn
Call Chat

Cameron Ingram

Partner / Licensed Estate Agent / Auctioneer
Elwood, Kew East, Prahran, Kew, Deepdene, Hawthorn East, Armadale, Mont Albert, Surrey Hills, Hawthorn, Malvern East
Call Chat

Toni El-Helou

Director | Auctioneer
Doncaster East, Balwyn North, Ashburton, South Yarra, Doncaster, Burwood, Hawthorn East, Hawthorn
Call Chat

Melanie Chan

Head of Leasing
Cremorne, Brunswick, Elsternwick, Richmond, Caulfield North, South Yarra, Doncaster, Ivanhoe, Abbotsford, Melbourne, North Melbourne, Prahran, West Melbourne, Flemington, Port Melbourne, Glenroy, Brunswick East, Hawthorn, Melbourne, Fairfield, Carlton, Southbank
Call Chat

Chris Gillon

Head of Sales & Auctioneer
Glen Iris, Camberwell, South Yarra, Hawthorn East, Mont Albert North, Hawthorn
Call Chat

Real estate agents in Hawthorn VIC 3122

Real Estate Agencies in Hawthorn VIC 3122

Real estate agencies in Hawthorn VIC 3122

Explore More About Hawthorn VIC 3122

Real Search makes searching for your new home easy with properties for sale in Hawthorn VIC 3122 and properties for rent in Hawthorn VIC 3122. Are you looking for specific type of property? Real Search has units for sale in Hawthorn VIC 3122 and houses for sale in Hawthorn VIC 3122. Real Search also provides 1 bedroom unit for sale in Hawthorn VIC 3122, 2 bedroom unit for sale in Hawthorn VIC 3122 & 3 bedroom unit for sale in Hawthorn VIC 3122. Find best real estate agents in Hawthorn VIC 3122. You can also check real estate agencies in Hawthorn VIC 3122. Research the property market of Hawthorn VIC 3122 with a property report and suburb profile report on Real Search.

  • Disclaimer
    Our service utilises AI search capabilities based on publicly available indexed data for non-commercial purposes and testing phase. The above information is an excerpt from publicly available data and may be subject to errors or changes. RealSearch.com.au makes no representations or warranties regarding the accuracy of this data. Please consult the Agency/Agents directly for the most up-to-date information.