Hadfield sits in Melbourne’s north — a suburb that runs residential, friendly, growing. Here’s what the numbers and the locals actually say about the property and rental situation.
Rental Prices — Hadfield 2026
| Property Type | Weekly Rent | Monthly | Annual |
|---|---|---|---|
| 1-bedroom unit | $397/wk | $1720/mo | $20,644/yr |
| 2-bedroom unit | $493/wk | $2136/mo | $25,636/yr |
| 3-bedroom house | $608/wk | $2634/mo | $31,616/yr |
Rents in Hadfield have risen by 3-5% compared to 2025. The vacancy rate sits at 2.6%, which is moderate — you have some negotiating room.
Property Prices
| Property Type | Median Price | 12-Month Change |
|---|---|---|
| House | $1,003,391 | +2.1% |
| Unit/Apartment | $451,473 | +2.5% |
Gross rental yield: 4.1% (units tend to yield higher than houses in Hadfield).
Who Lives Here
Hadfield attracts a diverse mix of demographics. The suburb is known for Hadfield local shops, community feel, suburban lifestyle.
Average resident profile:
- Age: Predominantly 35-55
- Household: Mix of singles, couples, and families
- Income: Above metro average
Renting Tips for Hadfield
Apply fast. Good properties in Hadfield get 20-40 applications. Have your documents ready: 100 points of ID, recent payslips, rental history, references.
Inspect in person. Photos lie. Check water pressure, phone reception, natural light at the time of day you’d actually be home. Open the cupboards. Flush the toilet.
Look beyond Chapel Road. The main strip is where rent premiums hit hardest. One or two blocks back, you get the same proximity for less money.
Know your rights. Victorian tenancy law caps rent increases to once per 12 months. Your landlord must give 60 days notice. Urgent repairs must be addressed within 24 hours (blocked toilet, no hot water, gas leak).
Budget beyond rent. Factor in: utilities ($150-250/month), internet ($70-90/month), contents insurance ($15-25/month), and transport (Public transport options in Hadfield).
Investment Outlook
Hadfield is an emerging area with infrastructure investment driving gradual growth. The 4.1% gross yield is above the metro average.
Key factors:
- Transport: Public transport options in Hadfield
- Schools: Mix of public schools and nearby private colleges
- Infrastructure: Shopping centre expansion in planning phase
Suburb Character & Lifestyle
Hadfield runs residential, friendly, growing. The main commercial strip along Chapel Road is where most of the daily life happens — cafes, restaurants, and essential services within walking distance for those who live close. The neighbourhood is known for Hadfield local shops, community feel, suburban lifestyle, which drives both rental demand and property values.
The housing stock is predominantly post-war homes with newer medium-density developments filling former industrial sites. For renters, the most common options are rooms in shared Victorian terraces. For buyers, the entry point is typically a 1-bedroom apartment for investors at the lower end of the market.
Transport reality: Public transport options in Hadfield. The commute to the CBD is realistic for daily workers, and most residents report using a combination of public transport, cycling, and driving depending on the trip.
Cost of Living Snapshot
| Expense | Typical Cost |
|---|---|
| Coffee | $4.50-5.00 |
| Brunch | $17-25 |
| Dinner out | $22-38 pp |
| Pint of beer | $11-13 |
| Cocktail | $17-23 |
| Groceries | $152/wk (couple) |
| Utilities | $207/mo (1br) |
| Internet | $70-90/mo (NBN) |
The Bigger Picture
Hadfield is on an upward trajectory with improving infrastructure and growing demand from first-home buyers. The suburb is residential, friendly, growing, which attracts professionals who value walkability and lifestyle.
5-year outlook: Moderate, steady capital growth expected. The fundamentals — location, transport, lifestyle amenity — are well-established.
What to watch: New apartment developments may increase supply.
Nearby
Last updated: March 2026. Data sources: Domain, REA Group, SQM Research.
Keep Exploring
More in this area:
- Property Market in Hadfield
- Rent Guide in Hadfield
- Investment Guide in Hadfield
- First Home Buyer in Hadfield
Useful tools:

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