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Hampton Park
AREA REPORTS

Hampton Park

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

house
unit

Homeowners and real estate investors betting on HAMPTON PARK, 3976 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 12.73%.

A steady increase in median property prices over a five-year period in the suburb translates to a 14.71% capital gain.

Property investors in HAMPTON PARK enjoyed capital gains of 12.73% 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 $620,000.

Profits due to an upward trend in home prices there averaged 4.9% per annum over a 3-year period.

Home owners selling their properties and realtors in HAMPTON PARK usually have to wait an average of 27.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $370 mark, reflecting a 3.1% increase in returns based on the current median price in HAMPTON PARK.

HAMPTON PARK, 3976 places 517th in Australia based on median property value growth during the quarter.

Data report can be found below

Hampton Park
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $620,000 $502,000
GROWTH REPORT
Median Quarterly 2.48% 5.13%
Median 12 month 12.73% 15.8%
Median 3 years 14.71% 20.96%
Median 5 years 48.15% 49.85%
10 years average annual 6.73% 5.63%
Weekly media advert. rent $370 $365
Time on Market 27.8 days 36.5 days
Gross Rental Yield Percent 3.1% 3.78%
demographics (median values)*
Total Population
25530
Weekly Household Income
1307
Household Size
3.20
Age
33
Monthly Loan Repayment
1508
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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