At number 981th in the list of Australian suburbs ordered by increase in median house value over the last year, Hampton Park, 3976 is in the top 30% with a property value increase of 10.05% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hampton Park has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Hampton Park itself are offering an average vendor discount of -3.24% to real estate investors.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 4.37%, without taking into account capital value appreciation, which has been averaging out at 6.43%.
Property value increases in Hampton Park have tracked close to the VIC average of 3.19% over the last 12 months.
Hampton Park,3976 was ranked 814 in Australia by increase in median property value over the quarter.
At number 278th of VIC’s most discounted properties, Hampton Park is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Situated 36.08km from the CBD, Hampton Park is one of Casey localities in the postcode 3976.