Suburb Profile Report for Hoppers Crossing VIC (3029)

Hoppers Crossing House: Median price $428,800, Annual capital growth 6.69%, Number of sales 636, Weekly median advertised rent $330

Hoppers Crossing Unit: Median price $310,000, Annual capital growth 4.68%, Number of sales 90, Weekly median advertised rent $295

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 8.96% which means that Hoppers Crossing, 3029 has done well for property investors by showing a capital gain of 15.72% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Hoppers Crossing comes in at number 299th in VIC.

At number 452th of VIC’s most discounted properties, Hoppers Crossing is in the TOP 30% of the state/territory when listing in order of most discounted to least.

On average over the past year, suburb has had 53.00 sales per month, which equates to 636 per year.

Hoppers Crossing is 250th on a list of best yielding suburbs for rents in VIC with a 4.00% return

Over the last year, property investments in Hoppers Crossing, 3029 have given investors a capital gain of 6.90%. This compares favourably with the 4.26% for VIC as a whole.

The five-year average increase in median property values for Hoppers Crossing,3029 has given property investors a potential capital gain of 15.24% across each of those five years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.07% offered to property buyers. Sellers in Hoppers Crossing itself are offering an average vendor discount of -5.15% to real estate investors.

On average over the past year, suburb has had 7.50 sales per month, which equates to 90 per year.

Hoppers Crossing is 87th on a list of best yielding suburbs for rents in VIC with a 4.95% return

Metrics i HOUSE UNIT
$428,800 $310,000
4.08% 3.33%
15.72% 6.90%
6.69% 4.68%
$330 $295
636 90
4.00% 4.95%
47.38 62.08

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
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Demographics
Total population 37598
Median household income ($/weekly) 1299
Median age of persons 35
Median housing loan repayment ($/monthly) 1517
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 5325 14.2
    25-34 years 4936 13.1
    35-44 years 5467 14.5
    45-54 years 5824 15.5
    55-64 years 4389 11.7
    Others 11658 31.0
    Age Group
    Census Count Percent(%)
    Registered Married 14363 51.5
    Not Married 11539 41.4
    Defacto Relationship 1963 7.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 23939 67.3
    Indonesia 1583 4.5
    Philippines 911 2.6
    United Kingdom 1306 3.7
    Other 2350 6.6
    Others 5469 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 833 2.4
    Christianity 23431 67.7
    Hinduism 1168 3.4
    Islam 2122 6.1
    No Religion 6555 18.9
    Others 496 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 1012 9.2
    $1,000-$1,249 1165 10.6
    $1,250-$1,499 1074 9.8
    $1,500-$1,999 1704 15.5
    $2,000-$2,499 1204 11.0
    Others 4800 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 11626 41.2
    Not in the labour force 9041 32.0
    Employed, worked part-time 5288 18.7
    Unemployed, looking for work 1221 4.3
    Employed, away from work 1067 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 2480 13.8
    Technicians & trades workers 2767 15.4
    Clerical & administrative workers 3118 17.3
    Machinery operators & drivers 2034 11.3
    Labourers 1922 10.7
    Others 5658 31.5
    Occupation
    Census Count Percent(%)
    Pre-school 508 5.3
    Infants/Primary 3245 33.9
    Secondary 3132 32.7
    Technical or Further Educational Institution 832 8.7
    University or other Tertiary Institutions 1364 14.2
    Others 504 5.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 32985 92.1
    Semi-detached, row or terrace house, townhouse 1970 5.5
    Flat, unit or apartment 846 2.4
    House or flat attached to a shop, office 12 0.0
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 5512 45.8
    Fully owned 3982 33.1
    Rented 2495 20.7
    Other tenure type 56 0.5
    Tenure Type
Census 2011, ABS
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