11/187 Auburn Road, Hawthorn, Vic 3122
$600,000 - $660,000
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Open Thursday 9 July 1:00 pm Auction Saturday 1 August 10:00 amOriginally 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.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
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.
$2.2m – $6.5m+
$480k – $1.2m
12-month movement
Current asking rents
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.
Price comparison
Median price ÷ median income
Estimated rental yield
Hawthorn is highly unaffordable for average earners. Purchasing a house typically requires significant equity or high-level professional income.
Lower = tighter market
Avg time on market
Annual rental increase
University students, medical professionals, and corporate commuters.
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.
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.
vs last 12 months
Relative comparison
Check local police data for bicycle theft and car break-ins near Glenferrie Station and Swinburne University.
The primary risks are regulatory and environmental. Heritage overlays limit development potential, while flood overlays affect property value and insurance premiums in specific zones.
Special Building Overlays (SBO) and Land Subject to Inundation Overlays (LSIO) apply to properties near the Yarra and along historic drainage lines.
Negligible risk; fully urbanized environment.
Higher premiums may apply for properties within the SBO or for high-value heritage structures requiring specialized restoration.
HO (Heritage Overlay), SBO (Special Building Overlay), DDO (Design and Development Overlay).
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.
Exceptional; three train stations and trams 16, 48, 70, 75, and 109.
High-end; Glenferrie Road is one of Melbourne's premier shopping strips.
Excellent; access to the Yarra River trails, Central Gardens, and Rocket Park.
World-class; arguably the best educational precinct in Victoria.
Very Good; proximity to Epworth Richmond and St Vincent's Private.
A sophisticated demographic of high-earning professionals, academics, and a large international student cohort.
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.
Focus is on mid-rise luxury apartments and the revitalization of the Glenferrie Road precinct.
Residents value the suburb's prestige and convenience but often complain about traffic and the high cost of living.
The best place in Melbourne to raise kids if you value education; the schools are literally on your doorstep.
Love the coffee and the vibe on Glenferrie Rd, but finding a park is a nightmare.
The traffic on Barkers Road has become unbearable over the last few years.
I could never afford a house here, but my apartment is 10 minutes from the city by train.
A very loyal local customer base that appreciates quality over price.
Vacancy is never an issue here, though maintenance on these old Victorian terraces is expensive.
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.
Strongest for 2-bedroom units in boutique blocks or high-end townhouses.
Low capital growth in high-density student towers; high maintenance costs for heritage houses.
Incredible lifestyle, safe streets, and best-in-class transport.
Parking is extremely difficult; many streets require residential permits which are capped.
Strict adherence to the Residential Tenancies Act is required, with a focus on gas and electrical safety audits every two years.
The '15-minute suburb'—where work, school, and play are all within a short walk or tram ride.
High-net-worth families, medical professionals, and wealthy international investors.
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.
Now
Before
$600,000 - $660,000
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Open Thursday 9 July 1:00 pm Auction Saturday 1 August 10:00 am
$1,300,000 - $1,400,000
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Open Saturday 11 July 10:00 am Auction Saturday 1 August 11:00 am
$520,000 - $560,000
2 1 1
Open Thursday 9 July 2:00 pm Auction Saturday 25 July 12:00 pm
Contact Agent
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Open Wednesday 8 July 6:00 pm Auction Saturday 25 July 11:00 amReal 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.