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Suburb Insights · VIC 3122

Hawthorn, VIC 3122 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Hawthorn is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 22,322, making it a sizeable community. Located approximately 6 km from the Melbourne CBD, Hawthorn is a middle ring area in Victoria. The median household income is $111,540 per year.

Investment Score

82 / 100 Strong

Above-average earnings in Hawthorn support sustained property values. Its proximity to the CBD adds a strong location premium.

Location

Melbourne
Hawthorn
Victoria · 3122
6 km from Melbourne CBD
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Key Indicators

Postcode
3122

Official Australia Post postcode for Hawthorn. A postcode may cover multiple suburbs.

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Population
22,322

Usual resident population at the most recent census.

Median weekly rent
$400/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$111,540/yr

Annual median household income (before tax) across all households.

Distance to CBD
6 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
6

Estimated 6 schools within or near this suburb.

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Parks & green spaces
9

Estimated 9 parks and green spaces near this suburb.

Median monthly mortgage
$2,259/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
21% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Hawthorn

Who Hawthorn Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRental coverage trails the state average.
🏡First-home buyersPrices sit above the Victoria median — stretch goal.
💼ProfessionalsAround 6 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Access to several schools nearby (around 6).
  • Local parks and reserves (around 9) add to liveability.
  • Solid transport links into employment hubs.
  • Short distance to the CBD makes commuting straightforward.

Cons

  • Median mortgage sits above the Victoria state median — entry costs are stretched.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

With 22,322 residents, Hawthorn is one of Victoria's more populous suburbs — roughly 3.0× the state median of 7,416 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Median household income of $111,540/year runs 17% above the Victoria suburb median of $95,160, indicating strong purchasing power and the type of demographic profile that tends to sustain premium property prices through market cycles. Rent of $400/week (77% coverage of the $2,259/month median mortgage) leaves a gap of roughly $526/month that a typical investor bridges with negative gearing, depreciation and capital growth. At 6 km from the Melbourne CBD, Hawthorn sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 21% of dwellings are separate houses (vs 78% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Investment Tip

This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 19% of household income — a useful sanity check on tenant affordability.

Hawthorn vs Victoria Median

How Hawthorn stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Hawthorn sits above the state median; negative means below.

MetricHawthornVIC medianΔ vs state
Population22,3227,416+201%
Median household income$111,540/yr$95,160/yr+17%
Median rent (weekly)$400$380+5%
Median mortgage (monthly)$2,259$1,950+16%
Distance to CBD6 km32 km-81%
Separate houses21%78%-57pp

Investor Checklist

Pre-inspection briefing for Hawthorn — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Strong buy-and-hold fundamentals: household incomes run 17% above the Victoria suburb median ($111,540 vs $95,160), and the 6 km CBD distance keeps this suburb in the primary demand zone. In Victoria, suburbs with this profile have historically clustered in the upper tercile of 10-year capital growth.

⚠️
Rental Yield

Moderate rental coverage: rent of $400/week covers 77% of a $2,259/month mortgage, leaving a $526/month gap that an investor bridges with equity, depreciation and tax benefits.

Renovation / Flip

Only 21% of dwellings are separate houses (vs 78% VIC median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Hawthorn property

Full Property Analysis

30-year projections for Hawthorn

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

Hawthorn enters 2026 with a demographic tailwind — household incomes 17% above the Victoria suburb median of $95,160 and a population of 22,322 give it the depth and purchasing power to outperform the wider VIC market over the next 12–18 months. Rental coverage runs at ~77% of the typical mortgage ($1,733/month rent vs $2,259/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 82/100 places Hawthorn in the top tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Hawthorn a good suburb for investment?

Hawthorn scores 82/100 on our EquitySight investment framework — a strong rating. That score is driven by a population of 22,322, median household income of $111,540/year and median weekly rent of $400. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Hawthorn?

The main demand drivers in Hawthorn are proximity to Melbourne (6 km), an above-state-median household income of $111,540/year, a dwelling mix that is 21% separate houses, roughly 6 schools and 9 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Hawthorn?

Hawthorn has a usual resident population of approximately 22,322, compared with a Victoria suburb median of 7,416 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Hawthorn from the Melbourne CBD?

Hawthorn sits 6 km straight-line from the Melbourne CBD. This is inner-ring territory — pricing competes directly with established Melbourne employment nodes.

What is the median rent in Hawthorn?

The most recent census recorded a median weekly rent of $400 in Hawthorn, equating to approximately $20,800/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Hawthorn?

The median monthly mortgage repayment in Hawthorn is $2,259, or approximately $27,108/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Hawthorn cash-flow positive for investors?

A median weekly rent of $400 works out to $1,733/month, covering 77% of the median mortgage repayment of $2,259/month. That leaves a $526/month shortfall (around $6,312/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Hawthorn?

The main risks are interest-rate sensitivity on the $2,259 median mortgage, a unit-heavy dwelling mix (21% houses) where body-corporate costs and apartment supply affect resale, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Hawthorn profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Victoria Property Resources