Suburb Profile Report for Hampton East VIC (3188)

Hampton East House: Median price $1,150,000, Annual capital growth 10.21%, Number of sales 69, Weekly median advertised rent $543

Hampton East Unit: Median price $681,500, Annual capital growth 8.65%, Number of sales 54, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

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

HOUSE UNIT
$1,150,000 $681,500
2.68% 0.00%
27.78% 30.49%
10.21% 8.65%
$543 $390
69 54
2.45% 2.98%
57.4 54.61

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 4395
Median household income ($/weekly) 1205
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 520 11.8
    25-34 years 596 13.6
    35-44 years 754 17.2
    45-54 years 621 14.1
    55-64 years 459 10.4
    Others 1446 32.9
    Age Group
    Census Count Percent(%)
    Not Married 1552 47.4
    Registered Married 1450 44.3
    Defacto Relationship 273 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2916 69.7
    Croatia 84 2.0
    Indonesia 101 2.4
    United Kingdom 210 5.0
    Other 353 8.4
    Others 520 12.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 85 2.1
    Christianity 2426 60.0
    Hinduism 69 1.7
    Judaism 147 3.6
    No Religion 1216 30.1
    Others 102 2.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 170 10.5
    $400-$599 156 9.7
    $1,000-$1,249 122 7.6
    $1,500-$1,999 166 10.3
    $2,500-$2,999 179 11.1
    Others 820 50.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1307 39.1
    Not in the labour force 1228 36.7
    Employed, worked part-time 593 17.7
    Unemployed, looking for work 115 3.4
    Employed, away from work 100 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 314 15.7
    Professionals 594 29.7
    Technicians & trades workers 218 10.9
    Clerical & administrative workers 294 14.7
    Sales 185 9.3
    Others 393 19.7
    Occupation
    Census Count Percent(%)
    Pre-school 92 9.4
    Infants/Primary 337 34.3
    Secondary 249 25.4
    Technical or Further Educational Institution 96 9.8
    University or other Tertiary Institutions 159 16.2
    Others 49 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3011 72.7
    Flat, unit or apartment 696 16.8
    Semi-detached, row or terrace house, townhouse 431 10.4
    House or flat attached to a shop, office 4 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 657 38.1
    Being purchased 542 31.4
    Fully owned 521 30.2
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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