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Hampton East, VIC 3188

Home » VIC Real Estate Data » Bayside City, VIC » Hampton East, VIC 3188

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Hampton East, VIC 3188 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Hampton East, VIC 3188”

  1. The total adult population (15 years or older) of Hampton East 3188 VIC is 4,144, with a median age of 40. Of those, 43.00% are married, 14.45% are divorced or separated, 37.57% are single and 5.16% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $11,260. The median monthly mortgage repayment for households in this suburb is $2,600 which is 23.09% of their earnings.

    Source: ABS Census Data (2021)

  2. Located in the state of Victoria, the suburb of Hampton East 3188 is home to approximately 2,691 households. As we venture into the third quarter of 2023, the typical price for houses in this suburb is around $1,376,491. With a median weekly rent hovering at $691, the indicative yield derived is around 2.61%, a slight deviation from the 3% return that investors typically find attractive.

    Impressively, Hampton East boasts an IRSAD score of 1067 out of 1217, signifying a robust socio-economic standing within the population. It’s important to note however, renters constitute about 35% of the area’s residents. While this is above the preferred 30% threshold, it hasn’t reached the risky 45% region. Thus, there’s a balanced mix that ensures a steady rental income without sacrificing the overall appeal or ‘vibe’ of the neighbourhood.

    The ratio of units to houses in Hampton East sits at only 25%. This positions the suburb well below the questionable investment level of 51%, and is a favourable indicator for potential investors. With the majority being houses, the area is likely to draw in families who generally translate to longer tenancy periods and less competition among landlords for tenants.

    However, the affordability index in the suburb is not so favourable. At a whopping 48 years, it is quite a stretch above the average 30-year mortgage implying that housing may not be easily affordable for many residents of the area.

    Nevertheless, the area experiences a favourable low supply as demonstrated by its 0.34% stock on market Percentage and a decent inventory level of 1.36 months. This, paired with a very acceptable building approvals Ratio of 0.74%, indicates the market is not being flooded with new dwellings that could lower house prices.

    Properties in Hampton East typically spend about 40 days on the market, which slightly exceeds the preferred high demand bracket of under 35 days. Therefore, this leans closer to neutral demand. However, the low vacancy rate of 1.5% combined with a high buy search index of 6, signal high demand, largely due to the limited available properties and high demand for houses in the area.

    Despite the high affordability index, Hampton East presents favourable opportunities for investors with several other factors making it an attractive option. The presence of the RCS metric by HtAG Analytics is also an invaluable tool in helping automate research and guide investment decisions using a comprehensive range of over 80 metrics. Especially, to get on top of areas with great investment potential like Hampton East 3188.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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