7 Harcourt Street Hawthorn East - James Home Ratings

James Home Rating: 630
Inspected: 4/9/2025

Position

• Street: Harcourt Street is one of Hawthorn East’s blue-chip addresses, comparable to Sackville Street in Kew, or Hawthorn Grove and Chrystobel Crescent in Hawthorn.
• Context: It’s a street that can carry large capitalisations, with some of Melbourne’s most significant family homes and landholdings.
• Neighbours: Surrounded by other high-quality mansions of similar vintage and scale — you’re not the odd one out here.

Land

• Size: Just over an acre — very rare in this area.
• Orientation: North-facing rear, a big tick.
• Amenities: North–south tennis court (established), expansive gardens (currently positioned mostly at the front).
• Privacy: Despite gardens being front-loaded, the overall property still enjoys good seclusion.

Property

• Style: Classic Victorian mansion.
• Condition: Requires significant renovation. While some fundamentals (orientation, zoning, grandeur) are in the right place, most buyers would treat this as a major project.
• Accommodation: Large, with flexible zones typical of a mansion of this era.
• General Feel: Grand, but dated — ready for transformation.

Buyer Fit

• Audience: Only a small pool of buyers. Likely families or individuals with $25M–30M capacity who want a prestige home without moving to Toorak.
• Purpose: Either a passion project to restore a classic mansion, or a long-term family estate to be reshaped over time.

Market & Value

• Quote: Up to $18.5M.
• Context: Within reason given the land size and Harcourt Street position. This is one of the few Hawthorn East streets that can justify such a number.
• Summary: A true prestige opportunity. Needs substantial investment, but the fundamentals (land, street, orientation, tennis court) are there. This is the sort of property that, when completed, will stand with Melbourne’s best.