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Hawthorn vs Sutherlands Creek

Property investment comparison - Hawthorn, VIC 3122 vs Sutherlands Creek, VIC 3331

Head-to-head across core investment metrics: Hawthorn wins 1, Sutherlands Creek wins 2. 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.

MetricHawthornSutherlands Creek
Median house price$2.7M$2.6M
Median unit price$590K-
Gross rental yield (houses)2.03%1.11%
Gross rental yield (units)5.05%-
1-year house growth-8.7%estimate-
3-year house growth--
Vacancy rate0.9%0.8%
Population22,322129

Hawthorn vs Sutherlands Creek: what the numbers say

The median house price is $2.7M in Hawthorn and $2.6M in Sutherlands Creek, so Sutherlands Creek is the cheaper entry point, with Hawthorn houses about 2% dearer.

On cash flow, Hawthorn leads: houses there return a gross rental yield of 2.03%, compared with 1.11% in Sutherlands Creek, a gap of 0.92 percentage points.

Rental vacancy is 0.8% in Sutherlands Creek and 0.9% in Hawthorn, so landlords in Sutherlands Creek 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 129, roughly 173 times the size of Sutherlands Creek; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Hawthorn for rental income, Sutherlands Creek for a lower purchase price, Sutherlands Creek 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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