The median house price in Hawthorn is approximately $2.68 million in 2026 (source: ABS and domain property data, Q1 2026). Hawthorn is one of Melbourne’s most prestigious inner-east suburbs — 5km from the CBD — with Victorian and Edwardian homes, top private schools and consistent long-term capital growth.
Hawthorn Price Breakdown by Property Type
| Property Type | Median Price 2026 | Annual Growth | Median Rent (pw) | Gross Yield |
|---|---|---|---|---|
| House | $2.68M | +5.9% | $820 | 2.2% |
| Unit / Apartment | $760k | +4.2% | $460 | 3.8% |
| Townhouse | $1.45M | +5.1% | $620 | 3.1% |
What Drives Hawthorn Property Prices?
Four structural factors underpin Hawthorn’s premium pricing. First, school zone demand from Hawthorn West Primary, Auburn High and the cluster of elite private schools (Scotch College, MLC, Swinburne) creates a durable floor. Second, the tightly held Victorian heritage streetscapes limit supply. Third, the Glenferrie Road shopping and cafe strip provides walkability premium. Fourth, proximity to the Yarra River trail network and Swinburne University maintains diverse tenant and buyer demand.
Hawthorn Price History
| Year | Median House Price | Annual Change |
|---|---|---|
| 2021 | $2.05M | +12.3% |
| 2022 | $2.18M | +6.3% |
| 2023 | $2.28M | +4.6% |
| 2024 | $2.45M | +7.5% |
| 2025 | $2.52M | +2.9% |
| 2026 | $2.68M | +5.9% |
Is Hawthorn Good Value in 2026?
Hawthorn offers strong long-term capital preservation rather than short-term yield. GeeVee rates it 7.6/10 — suited to investors with a 10+ year horizon who prioritise blue-chip capital growth and low vacancy over cash flow.
For off-market access to Hawthorn properties before they reach REA or Domain, the Collings portal is free to join: collings.com.au/portal
Hawthorn Property Price FAQs
What is the average house price in Hawthorn Melbourne?
The median house price in Hawthorn is approximately $2.68M in 2026. The average (mean) price is higher — closer to $3.1M — due to a small number of trophy homes on premium streets that skew the average upward. The median is the more useful comparison benchmark.
How much has Hawthorn property grown in value?
Hawthorn houses have grown from approximately $2.05M in 2021 to $2.68M in 2026 — a 30.7% increase over five years, or approximately 5.5% per year compounding.
Whether you are buying, selling or investing in Hawthorn, the Collings Property Platform gives you access to off-market opportunities and GeeVee AI analysis. Join free today. collings.com.au/portal
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