Suburb Profile Report for Hampton VIC (3188)

Hampton House: Median price $1,800,000, Annual capital growth 9.76%, Number of sales 148, Weekly median advertised rent $825

Hampton Unit: Median price $735,000, Annual capital growth 6.65%, Number of sales 121, Weekly median advertised rent $445

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Giving property investors a a solid capital gain of 28.57% for the last year, Hampton, 3188 is the 87th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hampton has increased when compared to the 5 year average annual rate.

Vendor discounting in Hampton is giving property investors an average Vendor Discount of around -5.19%. This puts suburb at number 352th in VIC when ranking the most discounted suburbs.

Residents and property investors in Hampton have been waiting around 59.74 days to sell a property.

With the median price for a house in Hampton being $1800000 and the advertised rent reaching $825 the gross rental yield for property investors calculates out to be 2.38%

With a capital gain of 4.26% for the last 12 months, Hampton, 3188 has performed for property investments than its average annual 6.65% property growth over the last 5 years.

Hampton,3188 was ranked 570 in Australia by increase in median property value over the quarter.

Property buyers and investors in Hampton 3188 should be seeing an average reduction in asking price of around -3.96% . This means that Hampton is holding prices well when compared to other suburbs in VIC.

Advertised rents are around the $445 mark per week – giving a return of 3.15% based on the median price in Suburb

Rowan Thompson Information supplied by:

Rowan Thompson
RT Edgar

M 03 9592-9299
O 0418354944

Hampton is a beachside suburb of Melbourne, Victoria , Australia , 14 km south-east of Melbourne’s central business district. Its local government are is the City of Bayside. At the 2011 Census, Hampton had a population of 12,482. Hampton is located in the wealthy bayside are of Melbourne wedged between the suburbs of Brighton and Sandringham. Hampton has a vibrant shopping centre along the main road, Hampton Street, boasting more than 50 cafes and restaurants plus numerous fashionable boutiques.Full summary
Hampton is a beachside suburb of Melbourne, Victoria, Australia, 14 km south-east of Melbourne’s central business district.  Its local government is the City of Bayside.  At the 2011 Census, Hampton had a population of 12,482.  Hampton is located in the wealthy bayside area of Melbourne wedged between the suburbs of Brighton and Sandringham. Hampton has a vibrant shopping centre along the main road, Hampton Street, boasting more than 50 cafes and restaurants plus numerous fashionable boutiques.
Selling points: 
Hampton has a beautiful Bay foreshore setting particularly around Picnic Point offering Bayside amenities and sports.  Hampton adjoins Brighton East with its parklands and gold course, most notably Dendy Park, one of Victoria’s 10 biggest parks and outdoor recreation areas. 
Home owners, developers and investors buy in the area because of strong capital growth prospects and current residents remain to downsize to new development to remain in the area. 
Most sort after properties: 
Circa 1920’s  homes built for returning WW1 Soldiers that are being renovated or demolished for new construction. 
Most common properties:  
Hampton property is highly in demand. A mix of Californian Bungalows and solid brick ex Ministry of housing homes are highly sort to renovate and improve.
Top amenities: 
Hampton offers a vast array of amenities along with easy access to adjoining suburbs. – there is the Hampton Street, vibrant shopping centre with a range of boutique and brand name retailers, supermarkets and restaurants.
Beach Road is a popular cycling route, with Bay Trail off-road walking/cycling tracks also following the coastline at Hampton beach Major Football Club is the Hampton Rovers VFL Football Club.
The Hampton Angling club located on the foreshore is renowned as one of the best angling clubs in Australia due to its prime location close to Australia’s best snapper fishing waters. 
Local industry and business:
Bayside in which Hampton is located offers a number of competitive advantages to business including a central location in the surrounding region, proximity to Nepean Highway and arterial road network, good public transport and rail access , proximity to a broad range of recreational, leisure, sporting and entertainment opportunities, access to a skilled and educated workforce and excellent quality (clean and safe) living and working environments.
Recent changes: 
Hampton located in Bayside has become a popular place for developers to create small blocks of luxurious apartments – it allows retirees to downsize without leaving their familiar patch, and allows those outside the area to move to a place that has beautiful parks, beach walks, coffee, shopping, cinemas and restaurants all in one easy place. The Bayside area  is seeing changes in developments supporting new business, services and retail opportunities. The local City of Bayside has improved existing infrastructure. 
Best streets: 
Streets in close proximity to the beach.
Streets located within easy walking distance to colleges such as Haileybury and St Leonards.
Gordon Street and Bolton Avneue, The Avenue and Margarita Street all beach side of Hampton Street.   Amiens and Avelin Streets which are in the Castlefield Estate which has a variety of Californian bungalows. 
Public transport: 
Railway connection to Melbourne on the Sandringham Line.
Several major arterial roads run near and through Hampton like Nepean Highway with a range of bus services. 
The Bay Trail off-road bicycle path passes through Hampton foreshore.
$1,800,000 $735,000
2.27% 1.38%
28.57% 4.26%
9.76% 6.65%
$825 $445
148 121
2.38% 3.15%
59.74 56

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Hampton VIC
Total population 12481
Median household income ($/weekly) 1901
Median age of persons 40
Median housing loan repayment ($/monthly) 2500
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1986 15.9
    25-34 years 922 7.4
    35-44 years 1945 15.6
    45-54 years 2120 17.0
    55-64 years 1466 11.7
    Others 4041 32.4
    Age Group
    Census Count Percent(%)
    Registered Married 4814 54.6
    Not Married 3363 38.1
    Defacto Relationship 644 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 8826 74.6
    Japan 145 1.2
    Papua New Guinea 259 2.2
    United Kingdom 991 8.4
    Other 471 4.0
    Others 1142 9.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 126 1.1
    Christianity 7357 64.7
    Islam 83 0.7
    Judaism 140 1.2
    No Religion 3589 31.6
    Others 74 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 276 7.2
    $1,500-$1,999 395 10.2
    $2,500-$2,999 620 16.1
    $3,000-$3,499 381 9.9
    $4,000 or more 376 9.8
    Others 1808 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3526 38.2
    Not in the labour force 3066 33.3
    Employed, worked part-time 2093 22.7
    Employed, away from work 290 3.1
    Unemployed, looking for work 244 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 1265 21.4
    Professionals 2021 34.2
    Community & personal service workers 492 8.3
    Clerical & administrative workers 785 13.3
    Sales 548 9.3
    Others 794 13.4
    Census Count Percent(%)
    Pre-school 274 7.9
    Infants/Primary 1334 38.3
    Secondary 989 28.4
    Technical or Further Educational Institution 173 5.0
    University or other Tertiary Institutions 633 18.2
    Others 79 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8927 77.0
    Semi-detached, row or terrace house, townhouse 1766 15.2
    Flat, unit or apartment 863 7.4
    House or flat attached to a shop, office 33 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1748 41.1
    Being purchased 1489 35.0
    Rented 1003 23.6
    Other tenure type 12 0.3
    Tenure Type
Census 2011, ABS
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