Suburb Profile Report for Hampton Park VIC (3976)

Hampton Park House: Median price $398,000, Annual capital growth 6.25%, Number of sales 367, Weekly median advertised rent $335

Hampton Park Unit: Median price $317,500, Annual capital growth 5.57%, Number of sales 62, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Hampton Park has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.56%

Comparing Hampton Park,3976 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Hampton Park is $398000, with sellers offering an average of -2.89% off the asking price.

Using the current median advertised rental of $335 and the average annual increase in value of a median property of 6.25%, investors should hope to achieve an overall return of 4.38%

Hampton Park has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 8.73% to date .

Taking the average capital gain, or increase in median house value, Hampton Park,3976 has racked up an average of 8.73% over the period. This ranks it number 839th in the whole country for real estate investors looking at median house price increases.

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 -2.22% is being offered, which puts this VIC suburb at 1414th most discounted overall in Australia.

Hampton Park, 3976’s gross rental yield is 5.08%

HOUSE UNIT
$398,000 $317,500
3.38% 0.79%
10.56% 8.73%
6.25% 5.57%
$335 $310
367 62
4.38% 5.08%
38.19 86.89

Source: CoreLogic

DSR Score for property investment : 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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