AREA REPORTS

Hampton Park

 

 

VIC/
Hampton park

Suburb Profile

Hampton Park - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3976

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 48.65% capital gain.

Property investors in HAMPTON PARK enjoyed capital gains of 10% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $550,000.

Profits due to an upward trend in home prices there averaged 16.22% per annum over a 3-year period.

Home owners selling their properties and realtors in HAMPTON PARK usually have to wait an average of 42.7 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $360 mark, reflecting a 3.4% increase in returns based on the current median price in HAMPTON PARK.

HAMPTON PARK, 3976 places th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $550,000 $425,000
GROWTH REPORT
Median Quarterly 0% 0%
Median 12 month 10% 8.97%
Median 3 years 48.65% 27.82%
Median 5 years 66.16% 50.18%
10 years average annual 7.6% 6.49%
Weekly media advert. rent $360 $340
Time on Market 42.7 days 33.6 days
Gross Rental Yield Percent 3.4% 4.16%
demographics (median values)
Total Population
22164
Weekly Household Income
1010
Household Size
3.10
demographics
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