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Hawthorn East suburb profile

Set in Melbourne's inner east, Hawthorn East is a well-established residential suburb defined by tree-lined streets of Victorian and Edwardian houses, interwar bungalows and pockets of low-rise apartments. It appeals to families, professionals and downsizers who value leafy avenues, reputable local schools and reliable public transport, with trams and trains linking into the city and easy access to nearby shopping precincts such as Camberwell. Local life centres on quiet residential streets, neighbourhood cafes, small shops and parks that suit weekend walks and children's play, offering a settled suburban character alongside careful renovation and infill.

Hawthorn East property market performance

Current median dwelling price$1,497,075Past 3 months

Property growth+3.2%Past 12 months

The median house price is $2.41 million and the median unit price is $584,150. Over the last 12 months house values rose a modest 2.0% while unit values rose a modest 4.5%, so unit values grew more strongly than house values.

In the past 3 months 36 houses and 65 units changed hands. Over the last 12 months houses sold in a median of 55 days and units in a median of 38 days, so units sold faster than houses.

The rental market in Hawthorn East saw average house rents of $1,100 a week and unit rents of $580 a week over the last 12 months. House rents rose sharply, up 15.8% over the year, while unit rents rose a solid 9.4%, so house rents grew faster than unit rents.

HousesUnits
Median price
Past 3 months
$2.41M$584K
Change in value
Past 12 months
2.0%4.5%
Sold
Past 3 months
3665
Median days on market
Past 12 months
5538
Average rent
Past 12 months
$1100$580
Change in rent
Past 12 months
15.8%9.4%

5 year median price trend for houses and units

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Hawthorn East demographics

A community of 14,834 people, Hawthorn East has a median age of 36 and a median total household income of $2,253 a week, about $117,156 a year.

Families make up the bulk of households. Couple families with children are 42.3% and couple families without children are 44.1%, together accounting for 86.4% of families. One-parent families represent 11.5% and other families 2.2%. In raw terms there are 1,617 couple families with children, 1,685 couple families without children, 438 one-parent families and 83 other families.

In Hawthorn East, owner-occupied homes are the majority at 59.1% (30.2% owned outright and 28.9% owned with a mortgage), while renters make up 40.8%.

Suburbs near Hawthorn East

Some popular suburbs near Hawthorn East include:

How does Hawthorn East compare to nearby suburbs?

  • Median house prices: Hawthorn East’s median house price is 7.1% higher than Hawthorn’s.
  • Median unit prices: Hawthorn East’s median unit price is 2.8% lower than Hawthorn’s.
  • House price growth: Over the past 12 months, house prices in Hawthorn East have grown 4.0% higher than in Hawthorn.
  • Unit price growth: Over the past 12 months, unit prices in Hawthorn East have grown 4.5% higher than in Hawthorn.
  • Selling speed for houses: Properties in nearby Hawthorn are selling 29.1% faster than in Hawthorn East.
  • Selling speed for units: Properties in Hawthorn East are selling 2.6% faster than in Camberwell.
  • Investment considerations: In Hawthorn East, the rental yield for house is 73.5% higher than the Melbourne average, while the rental yield for units is 1.7% lower.
  • House price growth: Over the past 12 months, house prices in Hawthorn East have grown 127.3% higher than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Hawthorn East have grown 1.1% higher than the average rate of growth for units across Melbourne.

Choose the right real estate agents in Hawthorn East

Choosing the right real estate agent in Hawthorn East can have a big impact on your sale. While there are 196 real estate agents working in the suburb, but just 5 of them were responsible for 17.8% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.71% to 2.57%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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