Boroondara

Boroondara, an area in the eastern suburbs of Melbourne, encompasses several well-known suburbs, including Hawthorn, Kew, and Camberwell. It’s located approximately 5-10 km east of Melbourne’s Central Business District and is part of the City of Boroondara local government area. Boroondara is one of Melbourne’s most affluent and established areas, renowned for its leafy streets, prestigious schools, and significant historical architecture.

Demographic Profile

• Population: According to the 2021 census, the population of Boroondara was 181,289.
• Predominant Age Group: Attracts a wide range of age groups, focusing on families and middle-aged professionals.
• Median Household Income: Generally higher than the Melbourne average, reflecting the area’s affluence.
• Occupancy: Predominantly homeowners, with various housing options from grand Victorian homes to modern apartments.

Real Estate and Growth

• Median House Prices: Real estate prices vary across the suburbs within Boroondara, with median house prices in suburbs like Kew and Hawthorn often exceeding AUD 2,000,000.
• Median Unit Prices: Units and apartments range significantly, with averages around AUD 650,000 to AUD 1,000,000, depending on the suburb and property type.
• Rental Market: Median rents for houses can range from AUD 600 to over AUD 1,000 per week, with units averaging around AUD 400 to AUD 500 per week.
• Market Trends: Boroondara’s property market is characterised by intense and steady growth, particularly in sought-after suburbs with heritage homes and large estates.

Education and Lifestyle

• Schools: Hosts some of Melbourne’s most prestigious schools, including private and public options like Camberwell Grammar School, Scotch College, and Balwyn High School.
• Local Vibe: Known for its sophisticated charm, bustling shopping strips, cafes, and restaurants, particularly in areas like Glenferrie Road and Camberwell Junction.
• Community Insights: Valued for its safety, community atmosphere, and proximity to the city, combined with the charm of established gardens and historic homes.

Transportation

• Public Transport: Excellent public transport network, including trams, trains, and buses, offering easy access to Melbourne CBD and surrounding areas.
• Accessibility: Well-connected through major roads such as the Eastern Freeway.

Notable Features

• Recreational Areas: Abundant in parks and recreational facilities, including the Boroondara Sports Complex and numerous local parks and gardens.
• Cultural Attractions: Rich in cultural heritage, with landmarks like the Hawthorn Arts Centre and the historic Rivoli Cinema.

Boroondara is a highly desirable area known for its urban sophistication, cultural richness, and family-friendly environment. Its blend of top-tier schools, diverse housing, and vibrant community life makes it one of Melbourne’s most sought-after locations.