Property investors who have had real estate in Hampton East, 3188 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.01%
Across a shorter period, Hampton East, 3188 has seen a median price increase of 6.88% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hampton East, 3188. Typically our figures indicate that -8.16% is being offered, which puts this VIC suburb at 665th most discounted overall in Australia.
A $660 per week rent on the median house gives suburb investors a gross yield of circa 2.68%, without taking into account capital value appreciation, which has been averaging out at 10.00%.
VIC has seen average median house prices change by 4.90% which means that Hampton East, 3188 has done well for property investors by showing a capital gain of -4.81% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hampton East has increased when compared to the 5 year average annual rate.
At number 251th of VIC’s most discounted properties, Hampton East is in the TOP 20% of the state/territory when listing in order of most discounted to least.