Suburb Profile Report for Hampton Park VIC (3976)

Hampton Park House: Median price $420,000, Annual capital growth 6.69%, Number of sales 334, Weekly median advertised rent $340

Hampton Park Unit: Median price $325,500, Annual capital growth 6.03%, Number of sales 57, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 12.90% for the last 12 months, Hampton Park, 3976 has performed for property investments than its average annual 6.69% property growth over the last 5 years.

While Hampton Park,3976 ranked number 258th in VIC for increase in median house value (annualised) increase, it is ranked 360th over the last 5 years.

Vendor discounting in Hampton Park is giving property investors an average Vendor Discount of around -2.61%. This puts suburb at number 600th in VIC when ranking the most discounted suburbs.

Property investors should expect to get $340 weekly from the median priced house in this suburb.

Hampton Park is an average performer in VIC when comparing median price capital growth over the last year. Hampton Park gave property investors a average capital gain figure when compared to the rest of the state, with 2.84%.

A 12.24% growth in median value for property investors in Hampton Park,3976 puts this suburb at number 144th in terms of best performing suburbs in VIC

The most recent median price for Hampton Park is $325500, with sellers offering an average of -3.53% off the asking price.

At number 701 in a list of fastest selling suburbs, Hampton Park is just in the top half of suburbs in Australia with an average of days on market 74.84 for properties listed there.

A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.95%, without taking into account capital value appreciation, which has been averaging out at 6.03%.

Metrics i HOUSE UNIT
$420,000 $325,500
2.56% 1.24%
12.90% 2.84%
6.69% 6.03%
$340 $310
334 57
4.21% 4.95%
34.25 74.84

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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