Suburb Profile Report for Hampton Park VIC (3976)

Hampton Park House: Median price $415,000, Annual capital growth 6.61%, Number of sales 340, Weekly median advertised rent $340

Hampton Park Unit: Median price $325,500, Annual capital growth 5.73%, Number of sales 61, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

Metrics i HOUSE UNIT
$415,000 $325,500
2.60% 0.77%
12.16% 3.33%
6.61% 5.73%
$340 $310
340 61
4.26% 4.95%
32.77 74.14

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 23767
Median household income ($/weekly) 1166
Median age of persons 32
Median housing loan repayment ($/monthly) 1517
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 3805 16.0
    25-34 years 3511 14.8
    35-44 years 3764 15.8
    45-54 years 3369 14.2
    55-64 years 2107 8.9
    Others 7212 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 8772 51.2
    Not Married 7299 42.6
    Defacto Relationship 1078 6.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 10820 47.9
    Indonesia 1919 8.5
    Papua New Guinea 915 4.1
    Sri Lanka 1127 5.0
    Other 3428 15.2
    Others 4374 19.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 1668 7.6
    Christianity 13366 60.9
    Hinduism 1105 5.0
    Islam 1958 8.9
    No Religion 3401 15.5
    Others 463 2.1
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 719 11.1
    $800-$999 718 11.1
    $1,000-$1,249 838 12.9
    $1,250-$1,499 702 10.8
    $1,500-$1,999 1018 15.7
    Others 2492 38.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6919 40.3
    Not in the labour force 5862 34.2
    Employed, worked part-time 2840 16.6
    Unemployed, looking for work 895 5.2
    Employed, away from work 634 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 1842 17.7
    Community & personal service workers 944 9.1
    Clerical & administrative workers 1503 14.5
    Machinery operators & drivers 1664 16.0
    Labourers 1731 16.7
    Others 2711 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 386 6.1
    Infants/Primary 2192 34.6
    Secondary 2036 32.2
    Technical or Further Educational Institution 711 11.2
    University or other Tertiary Institutions 676 10.7
    Others 330 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 20290 88.4
    Semi-detached, row or terrace house, townhouse 2180 9.5
    Flat, unit or apartment 467 2.0
    House or flat attached to a shop, office 6 0.0
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 3864 54.5
    Rented 1742 24.6
    Fully owned 1433 20.2
    Other tenure type 46 0.6
    Tenure Type
Census 2011, ABS
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