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Hawthorn vs Camberwell — Which is the Better Investment in 2026?

June 21, 2026

Both are prestige Melbourne suburbs with strong school zones and capital preservation profiles. But they serve different buyer needs and deliver different investment outcomes. Here is the full GeeVee head-to-head.

Head-to-Head Comparison

Metric Hawthorn Camberwell
Median house price $2.65M $2.40M
Median unit price $680,000 $700,000
Gross yield (houses) 2.1% 2.2%
Gross yield (units) 3.9% 4.0%
5-year growth +6.8% +7.4%
School zone anchor Swinburne, private school belt Canterbury Girls High, MLC
Walk score 86 78
GeeVee score 7.4/10 7.6/10

GeeVee Verdict

Camberwell edges Hawthorn on GeeVee composite score (7.6 vs 7.4) primarily due to stronger capital growth (+7.4% vs +6.8% YoY) driven by Canterbury Girls High School zone demand. Hawthorn wins on walkability (86 vs 78) and lifestyle amenity (Glenferrie Road, Lido Cinema precinct). For pure investment return, Camberwell is the stronger play. For owner-occupier lifestyle, Hawthorn is equal or superior depending on family needs.

Who Should Buy Where?

Buy Hawthorn if: you want higher walkability, Glenferrie Road lifestyle, or proximity to Swinburne University for student rental demand. Buy Camberwell if: Canterbury Girls High zone is your priority, you want the stronger 10-year capital growth trajectory, or you prefer the Junction precinct’s village feel.

Access off-market properties in both suburbs: collings.com.au/portal

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