At number 798th in the list of Australian suburbs ordered by increase in median house value over the last year, Hampton Park, 3976 is in the top 20% with a property value increase of 12.16% recorded in median house prices.
If we look at median property appreciation over just the last three months, Hampton Park has given property investors a paper return of 2.60%. This puts Suburb as 278 on a list of fastest fasting appreciating suburbs in VIC
Hampton Park3976 is located in VIC which offers an average discount of -6.00% to property investors. Hampton Park itself is showing figures that indicate -2.56% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 28.33 sales per month, which equates to 340 per year.
With the median price for a house in Hampton Park being $415000 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.26%
Hampton Park, 3976 ranked 182th in VIC when comparing growth in median property values or capital gain over the last 12 months. Hampton Park is one of 2098 in our list for VIC
While Hampton Park,3976 ranked number 172th in VIC for increase in median house value (annualised) increase, it is ranked 188th over the last 5 years.
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 Park, 3976. Typically our figures indicate that -3.34% is being offered, which puts this VIC suburb at 1251th most discounted overall in Australia.
Using the current median advertised rental of $310 and the average annual increase in value of a median property of 5.73%, investors should hope to achieve an overall return of 4.95%