Hawthorn is Melbourne’s most prestigious inner-east suburb for yield analysis. Understanding gross vs net yield is critical here given the high entry price point relative to rental returns.
Hawthorn Rental Yield Data 2026
| Property Type | Median Price | Median Weekly Rent | Gross Yield | Net Yield (est.) |
|---|---|---|---|---|
| House | $2,450,000 | $980 | 2.1% | 1.4% |
| Unit/Apartment | $680,000 | $520 | 3.9% | 2.8% |
| Townhouse | $1,100,000 | $720 | 3.4% | 2.4% |
Is the Rental Yield in Hawthorn Good for Investors?
Hawthorn’s rental yield is among Melbourne’s lowest at 2.1% gross for houses. The suburb is a capital growth play, not a cash flow play. Investors who bought in 2014 at $1.5M median and now hold at $2.45M have a total return story, not a yield story. If your primary goal is rental income, suburbs like Preston (5.1%), Reservoir (4.8%) or Dandenong (5.1%) will significantly outperform Hawthorn on cash flow.
Hawthorn Unit Yield vs House Yield
Units are the better yield play in Hawthorn. At $680,000 median with $520/week rent, units deliver 3.9% gross. This is still below Melbourne’s 4.2% metro average but more defensible than houses. The student and young professional rental market around Swinburne University supports unit occupancy with sub-1% vacancy.
Find Off-Market Investment Properties in Hawthorn
Access exclusive off-market and pre-market listings in Hawthorn: collings.com.au/portal.
Frequently Asked Questions
What is the rental yield in Hawthorn?
Gross rental yield in Hawthorn is approximately 2.1% for houses and 3.9% for units in 2026.
Is Hawthorn good for rental investment?
Hawthorn is a capital growth suburb, not a yield suburb. It suits long-term hold investors. For cash flow, consider Preston, Reservoir or Dandenong instead.
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