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Hadfield suburb profile

Hadfield is an inner-north Melbourne suburb in the City of Merri-bek, characterised by quiet, tree-lined streets and a residential mix of post-war brick and weatherboard homes alongside pockets of low-rise units and newer infill. Gardens and modest allotments give the neighbourhood a domestic scale and a settled, suburban rhythm.

Local life centres on small shopping strips, sporting reserves and community facilities, with parks and playgrounds scattered through the streets. Regular bus services, nearby train stations and major road links connect Hadfield to surrounding centres for shopping, schools and recreation.

Hadfield property market performance

Current median dwelling price$732,500Past 3 months

Property growth+5.9%Past 12 months

Hadfield's median house price is $860,000, and house values rose a notable 6.6% over the last 12 months. There is no reliable median for units because too few units have sold recently to publish one. Units sold more quickly than houses, with a median days on market of 26 over the last 12 months compared with 42 for houses.

In Hadfield, house rents rose a solid 5.5% over the last 12 months while unit rents edged up marginally by 0.4%.

HousesUnits
Median price
Past 3 months
$860KN/A
Change in value
Past 12 months
6.6%5.2%
Sold
Past 3 months
379
Median days on market
Past 12 months
4226
Average rent
Past 12 months
$580$490
Change in rent
Past 12 months
5.5%0.4%

5 year median price trend for houses and units

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Hadfield demographics

Hadfield is a community where couples with children are the largest family group and most homes are owner-occupied.

The median age is 36 and the median household income is $1,523 a week. At the 2021 Census, 6,269 people lived in Hadfield.

Hadfield and Victoria
SuburbVIC
Median age
years
3638
Median household income
weekly
$1,523$1,759
Couples with children
share of families
45.8%45.5%
Couples without children
share of families
35.4%37.6%
One-parent families
share of families
17.1%15.2%
Homes owned outright
share of homes
37.7%33.2%
Homes with a mortgage
share of homes
33.7%37.3%
Homes rented
share of homes
28.7%29.5%
Source: ABS 2021 Census. Shares of homes exclude other and not-stated tenure.

Hadfield infrastructure, key developments and investment opportunities

Hadfield's Hadfield Early Years Centre redevelopment moved into procurement when Merri-bek City Council called for tenders for a principal consultant in 2026; the project is described as an upgrade and extension of the centre. Tony Mommsen Reserve is on the council's park renewal program, with phase one community engagement completed in 2026 and a draft concept planned for around mid-November 2026, and the proposal includes new play equipment and park furniture.

Also in 2026 the council awarded the contract for reconstruction of North Street, Hadfield, with preparatory works scheduled to begin in May 2026; the work includes installation of major underground drainage pipes.

Suburbs near Hadfield

Some popular suburbs near Hadfield include:

  • Glenroy: Established suburb in Melbourne's north with tree-lined streets and local parks.
  • Oak Park: Quiet, family-friendly streets and several well-kept local reserves.
  • Fawkner: Multicultural suburb with a mix of older and newer housing styles.
  • Jacana: Small residential suburb with a semi-rural feel and open spaces.
  • Pascoe Vale: Leafy suburb with a village atmosphere and wide, tree-lined streets.

How does Hadfield compare to nearby suburbs?

  • Median house prices: Hadfield’s median house price is 7.5% higher than Glenroy’s.
  • Median unit prices: Hadfield’s median unit price is 0.2% higher than Glenroy’s.
  • House price growth: Over the past 12 months, house prices in Hadfield have grown 9.0% higher than in Oak Park.
  • Unit price growth: Over the past 12 months, unit prices in Hadfield have grown 0.1% higher than in Oak Park.
  • Selling speed for houses: Properties in nearby Glenroy are selling 9.5% faster than in Hadfield.
  • Selling speed for units: Properties in Hadfield are selling 13.3% faster than in Glenroy.
  • Investment considerations: In Hadfield, the rental yield for house is 8.8% lower than the Melbourne average, while the rental yield for units is 17.6% lower.
  • House price growth: Over the past 12 months, house prices in Hadfield have grown 14.3% lower than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Hadfield have grown 2.3% higher than the average rate of growth for units across Melbourne.

Common questions about Hadfield

  • Is Hadfield a nice place to live?

    Hadfield is an inner-north Melbourne suburb of tree-lined streets and a residential mix of post-war brick and weatherboard homes with low-rise units. Local life centres on small shopping strips, sporting reserves and community facilities.

    In Hadfield, couples with children are the largest family group and most homes are owner-occupied; the median age is 36. Everyday amenity includes local shops, parks and playgrounds, with regular bus services and nearby train stations linking the suburb to surrounding centres for shopping, schools and recreation. The Hadfield Early Years Centre is in procurement as an upgrade and extension.

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  • Is it expensive to live in Hadfield?

    Housing costs in Hadfield sit above what a typical local household earned on the figures. A typical local household earned about $1,523 a week at the most recent Census. A house priced at $860,000 works out to about 10.9 times a typical local annual household income, so buying sits well above local incomes. Renting also takes a sizeable share of local income: a house rent of $580 a week is about 38% of that weekly household income, and a unit rent of $490 a week is about 32%. If you're renting rather than buying, the rent share is the figure that matters.

    Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

    Down Pointer

  • Is Hadfield a good place to invest?

    Over the past 12 months in Hadfield, house values rose 6.6% while house rents increased 5.5%. For houses, capital growth edged ahead of rental income. Unit values rose 5.2% over the same period while unit rents edged up just 0.4%. On units, value growth outpaced income growth by a larger margin.

    This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Choose the right real estate agents in Hadfield

In Hadfield ,75 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 37.8% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.54% and 2.94%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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