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Hawthorn vs Mannerim

Property investment comparison - Hawthorn, VIC 3122 vs Mannerim, VIC 3222

Head-to-head across core investment metrics: Hawthorn wins 4, Mannerim wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricHawthornMannerim
Median house price$2.7M$2.9M
Median unit price$590K$625K
Gross rental yield (houses)2.03%-
Gross rental yield (units)5.05%4.11%
1-year house growth-8.7%estimate-
3-year house growth--
Vacancy rate0.9%1.9%
Population22,322108

Hawthorn vs Mannerim: what the numbers say

The median house price is $2.7M in Hawthorn and $2.9M in Mannerim, so Hawthorn is the cheaper entry point, with Mannerim houses about 7% dearer.

For units, Hawthorn sits at a median of $590K against $625K in Mannerim, which makes Hawthorn the more affordable unit market and Mannerim the pricier one.

Rental vacancy is 0.9% in Hawthorn and 1.9% in Mannerim, so landlords in Hawthorn face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Hawthorn is the bigger suburb, with a population of 22,322 against 108, roughly 207 times the size of Mannerim; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hawthorn for a lower purchase price, Hawthorn for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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