Property value increases in Hampton East have tracked higher than the VIC average of 8.13% over the last 12 months.
A 53.33% growth in median value for property investors in Hampton East,3188 puts this suburb at number 194th in terms of best performing suburbs in VIC
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 -2.13% is being offered, which puts this VIC suburb at 3670th most discounted overall in Australia.
In the last year 69 properties changed hands in Hampton East, which puts it as the 345th most active market in VIC when comparing the number of sales per suburb.
A $542.5 per week rent on the median house gives suburb investors a gross yield of circa 2.45%, without taking into account capital value appreciation, which has been averaging out at 10.21%.
Investment property in Hampton East has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 30.49%
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.
Advertised rents are around the $390 mark per week – giving a return of 2.98% based on the median price in Suburb