Suburb Profile Report for Hampton Park VIC (3976)

Hampton Park House: Median price $510,000, Annual capital growth 6.26%, Number of sales 237, Weekly median advertised rent $365

Hampton Park Unit: Median price $390,000, Annual capital growth 4.81%, Number of sales 43, Weekly median advertised rent $350

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Hampton Park has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.27%

The five-year average increase in median property values for Hampton Park,3976 has given property investors a potential capital gain of 52.24% across each of those five years.

Sellers are offering property buyers an average discount of -9.01% to buyers in Hampton Park at the moment, which is less than average for the rest of VIC.

Situated 36.43km from the CBD, Hampton Park is one of Casey (C) localities in the postcode 3976.

VIC has seen average median house prices change by 0.68% which means that Hampton Park, 3976 has done well for property investors by showing a capital gain of -8.24% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Hampton Park comes in at number 133th in VIC.

The most recent median price for Hampton Park is $390000, with sellers offering an average of -9.42% off the asking price.

Renters in Suburb are facing rents around $18200 per annum or $350 every week.

Metrics i HOUSE UNIT
$510,000 $390,000
-1.92% -3.70%
-7.27% -8.24%
6.26% 4.81%
$365 $350
237 43
3.72% 4.67%
63.5118483412322 52.2777777777778

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (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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