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City of Boroondara

Hawthorn

Hawthorn Property Market
& Suburb Profile

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MEDIAN PRICES IN HAWTHORN

Median house price

(all agencies, last 12 months)$2.9m*

House price change

(all agencies, last 12 months)-7.74%

Median unit price

(all agencies, last 12 months)$572k*

Unit price change

(all agencies, last 12 months)-1.38%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

HAWTHORN price TRACKER

HousesUnits

Hawthorn sales overview

  • Sold by Auction 71%
  • Sold by Private Sale or Other Method 29%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)28

Auction clearance rate in Hawthorn

(all agencies, last 12 months)73%

Average held period in Hawthorn

(proptrack)14 years

Hawthorn Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$1,135pw

House rental price change

(all agencies, last 12 months)0.05%

Median rental price for Units

(all agencies, last 12 months)$572pw

Unit rental price change

(all agencies, last 12 months)0.06%

Average rental yield for Houses

(all agencies, last 12 months)2.33%

Average rental yield for Units

(all agencies, last 12 months)4.74%

Hawthorn total population size

(as at the last census)22,322

Median household size in Hawthorn

(as at the last census)2.1

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Hawthorn property types

  • Houses 16%
  • Units 50%
  • Other 34%

OCCUPANCY in Hawthorn

  • Owned 52%
  • Rented 46%
  • Other/Not Stated 2%
  • Singles 38%
  • Families 54%
  • Other 8%

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About Hawthorn

Hawthorn is a highly coveted and well-established inner-eastern suburb, located just 6 kilometres east of the Melbourne CBD, offering a blend of historic charm, academic excellence, and vibrant commercial amenity that defines inner-city prestige.

The suburb is renowned for its elegant residential character, featuring meticulously preserved Victorian, Edwardian, and Federation homes, alongside modern luxury townhouses and apartments, attracting a diverse demographic of affluent families, professionals, and students.

Life is vibrant and convenient, centred on the bustling Glenferrie Road precinct, which offers a superb array of cafes, diverse restaurants, boutique shopping, and essential services, complemented by the retail offerings along Auburn Road.

Education is a cornerstone of the suburb’s appeal, hosting several of Melbourne’s most elite schools, including Scotch College, Xavier College, and Methodist Ladies' College (MLC), as well as the main campus of Swinburne University of Technology, which collectively guarantees continuous, strong demand and significantly underpins property values.

Connectivity is exceptional for commuters, facilitated by multiple train stations (Glenferrie, Auburn, Hawthorn) on the Belgrave/Lilydale line and extensive tram routes, ensuring seamless and rapid access to the city.

For investors, Hawthorn represents an enduringly stable, blue-chip market where the combined factors of institutional presence, prime inner-city location, period charm, and transport convenience guarantee robust long-term capital growth and competitive rental yields across all property types.

Education

Bialik College
Erasmus Primary School
Glenferrie Primary School
Hawthorn West Primary School
Rossbourne School
Scotch College
St Joseph's School
Swinburne Senior Secondary College
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Hawthorn MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025661$1,716,000-7.73%1304$854pw3.54%
2024708$1,737,5003.20%1369$821pw3.57%
2023634$1,700,00014.93%1318$797pw3.32%
2022611$1,527,500-13.60%1915$710pw2.94%
2021687$1,743,50014.23%2133$632pw2.50%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025661$1,716,000-7.73%
2024708$1,737,500+3.20%
2023634$1,700,000+14.93%
2022611$1,527,500-13.60%
2021687$1,743,500+14.23%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20251304$854pw3.54%
20241369$821pw3.57%
20231318$797pw3.32%
20221915$710pw2.94%
20212133$632pw2.50%

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.