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Hammond Park

POSTAL CODE: WA, 6164
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Property investors enjoyed capital gains of 11.56% over the last 12 months in HAMMOND PARK, translating to lower returns compared with its peers in WA.

Figures from the previous quarter show that capital gains for real estate buyers in HAMMOND PARK are low, as opposed to average gains per annum over the past five years.

The suburb posted a 57.69% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $750 based on current median home prices for the suburb.

On average, rents on listings have reached the $750 mark, reflecting a 4.76% increase in returns based on the current median price in HAMMOND PARK.

HAMMOND PARK, 6164 ranks 333rd in WA in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 121st on the list of best yielding suburbs for rental properties in WA, posting a 4.76% return.

Surburb overview

Hammond Park is a suburb within the City of Cockburn, approximately 24 kilometres south of Perth's central business district. Established in 2002, it was named after James Hammond, a pioneer of the Jandakot district who settled there in 1887.

According to the 2021 Census, Hammond Park had a population of 7,000, with a median age of 31. The suburb comprises predominantly family households, with 82.6% identified as such and 55.2% couples with children. Approximately 41.2% of residents were born overseas.

Public transportation in Hammond Park is serviced by Transperth bus routes 525, 535, and 536. These routes provide connections to Aubin Grove Station on the Mandurah Line. The journey from Aubin Grove to Perth Underground Station takes approximately 21 minutes.

Essential establishments in Hammond Park include educational institutions such as Hammond Park Primary School, Hammond Park Catholic Primary School, and Hammond Park Secondary College. Healthcare services are accessible at the Hammond Park Family Practice, located on Marquis Street. The Park Hive Shopping Centre, which houses an IGA supermarket, café, pharmacy, and other specialty stores, meets retail needs.

Several parks and community facilities support recreational activities in Hammond Park. Frankland Park Sporting and Community Facility on Frankland Avenue offers amenities such as function rooms, sports fields, and exercise equipment. Jan Hammond Park features a children's playground, basketball court, exercise equipment, and barbecue facilities.

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