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Hampton, VIC 3188

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

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Rent 

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Yield 

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3BR

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5BR

Buy 

1BR

2BR

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Rent 

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Yield 

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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, VIC 3188”

  1. The total adult population (15 years or older) of Hampton 3188 VIC is 11,174, with a median age of 45. Of those, 52.43% are married, 10.24% are divorced or separated, 33.06% are single and 4.33% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $14,552. The median monthly mortgage repayment for households in this suburb is $3,000 which is 20.62% of their earnings.

    Source: ABS Census Data (2021)

  2. The Victorian suburb of Hampton, designated by the postcode 3188, is made up of approximately 6444 households. In Q3 of 2023, the property market data for houses in this suburb show that the typical price stands at an impressive $2,247,493. The median weekly rent is at $826, which translates to an indicative yield of 1.91%. Although the yield falls below the acceptable 3% threshold for cashflow-centred investors, the other aspects of the market paint an intriguing picture.

    An intensive socio-economic perspective reveals that Hampton enjoys a rather high IRSAD score of 1132/1217, implying the suburb inhabitants enjoy high economic resources and are largely constituted by skilled professions. In terms of the renter to owner ratio, Hampton displays a favourable tendency with just 23% being renters, suggesting a stable resident market and lower competition within value investors.

    Looking at the property market compositions, the suburb enjoys a balanced units to houses ratio of 35%. With a lower proportion of units, there’s less competition amongst landlords for tenants, leading to potentially higher rental yields and encouraging longer tenancy periods.

    The affordability index for Hampton is substantially higher than the viewable 30-year thresholds at 60 years. This finding indicates that property ownership in this suburb likely requires longer financial commitment periods based on factors like median family income, typical property prices, and current interest rates.

    From a supply perspective, indicators such as the stock on market percentage is low at 0.16%, suggesting less competitive pressure on pricing. Additionally, the inventory levels register a favourable 0.55 month while building approvals ratio also falls within a favourable range at 0.91%, suggesting that new listings get absorbed rapidly into the market without a significant boost to dwelling stock.

    In considering demand metrics, houses in Hampton spend an average of only 24 days on the market indicating a high demand scenario. The vacancy rate is notably low at 0.96%, suggestive of a high occupancy trend and reinforcing the high demand narrative. Lastly, the buy search index is neutral at 4, maintaining a balance between high and low demand indicators.

    In summary, despite high housing prices and a relatively low yield indicator, the high socio-economic score, favourable supply metrics, and high demand suggest that Hampton 3188 is a stable and appealing property market, particularly suited for value investors or those seeking longer-term financial commitments. It’s however crucial to keep an eye on market developments and potential opportunity for rental growth or capital gains, guided by comprehensive measures like the Relative Composite Score (RCS).

    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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