hampton
3188, Victoria
Real Estate & Property Information
hampton Suburb Profile & Review
Set twenty-five minutes from the city in Port Phillip Bay, Hampton is a charming beachside suburb known for its quaint Victorian homes and tree-lined streets. A popular holiday destination for Melbournians since the 19th century, Hampton's foreshore still retains its postcard beauty today.
Southland Shopping Centre, Centro Oakleigh and Chadstone Shopping Centre are all mere minutes away, but on a balmy night, dining along Hampton Street before cooling off at the beach is a favoured pastime. Along Hampton Street, you will find cafes, bistros, antique stores, bookstores and fashion boutiques.
Joggers, dog walkers and cyclists all converge on Hampton Beach, while picnickers and swimmers favour the area around Picnic Point, where boats and kayaks launch from the Sandringham Yacht Club. Several of Melbourne's most elite golf clubs can be found in the surrounding bayside suburbs, including the Royal Melbourne Golf Course and Victoria Golf Club. Frequent train services run from Hampton Station to Flinders Street, and the city is a brisk drive along the Nepean Highway.
hampton Demographic Data
$ 1,262,500 Median House Price
28 Minutes Average Commute
40 Median Age
12,482 Population
51.79 % Female
48.21 % Male
3300 NO OF FAMILIES
1.9 AVG CHILDREN PER FAMILY
0.9 AVG MOTOR VEHICLE PER DWELLING
What this means
The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in hampton, Victoria.
Learn more about data
X
hampton Demographic Data
The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.
It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.
What this means
Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.
Learn more about data
hampton Market Property Types
- 69 % Seperate House
- 20 % Semi Detached
- 11 % Flat or Unit
- 0 % Other Dwelling
What this means
The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.
Learn more about data
X
hampton Market Property Types
Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.
This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.
hampton Income & Mortgage Stats
- $ 1,901 Median Weekly Household Income
- $ 2,500 Median Monthly Mortgage
What this means
This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in hampton
Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.
Learn more about data
X
hampton Income & Mortgage Stats
To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%
Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.
hampton Sold Property Prices
6 OCEAN STREET
435 Bluff Road
42 HIGHETT RD
310 HAMPTON ST
50 DAVID STREET
4/5 Walker Avenue
hampton Real Estate Experts
In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.
hampton Related Local Blog Posts
This week Melbourne’s auction market has been tested with over 1200 properties reportedly going under the hammer over the weekend. Although both Domain and the REIV show clearance rates at nearly 70%, this on the surface seems good but in actual fact is 10% down for the same time last year. Speaking to a number of agents around town confirms….
There has been a lot of “white noise” surrounding the Sydney and Melbourne property market over the last few months and it has taken me a while to determine which way things were actually going to go. Is the Australian property market heading down the gurgler or is this just a glitch?
Melbourne Auction Results 11th of September 2017 73% Clearance Rate 836 Reported Auctions Sold at Auction: 523 Passed in: 194 Sold Before: 99 Sold After: 0 Postponed 14 Source:REIV Melbourne Market Wrap March 11th September , 2017 The REIV reported 836 properties
According to Population Estimates and Forecasts report nearly one million people will be visiting Melbourne on an average weekday within the next five years
Australia’s political parties are using housing affordability as a platform to boost their popularity and polarise the community, but is this a local issue? Low interest rate cycles globally have pushed asset prices up, so how will this affect our market?
The latest unemployment figure releases last week show the Australian economy is growing but is this true? We scratch the surface and look at the problem with our wage growth, our youth unemployment and why many households are suffering mortgage stress.
hampton Restaurants
- Zipang1 Service St hampton VIC 318803 9521 8338
- Thaidentity Thai Restaurant406B Hampton Street hampton VIC 318803 9598 6363
- Red Ox Steakhouse502 Hampton St hampton VIC 318803 9533 4141
hampton Cafes
- Sebastian's Food and Wine303 Hampton Sthampton VIC 318803 9533 4755
- Cafe Hampton408 Hampton Streethampton VIC 318803 9598 3452
- Brown Cow Cafe382 Hampton Sthampton VIC 318803 9521 0547
hampton Schools
- St. Marys Primary School59 Holyrood Sthampton VIC 3188(03) 9521 9335Catholic Primary School
- Larmenier453 Bluff Roadhampton VIC 3188(03) 9521-8511Catholic Special School
- Hampton Primary School528 Hampton Streethampton VIC 3188(03) 9598 1412State Primary School
hampton Childcare
- Hampton Child Care Centre461 Bluff Roadhampton VIC 3188
hampton Kindergarten and Preschools
- Boutique Bubs Early Education & Kindergarten417 Bluff Rdhampton VIC 3188
- Hampton Community Kinder1 Myrtle Roadhampton VIC 3188
- Helen Paul Kindergarten33 Kingston Streethampton VIC 3188
hampton Sporting Centres and Clubs
- Little Athletics Centres, Sandringham Athletics Groundhampton VIC 3188Athletics Club
- Sandringham, Athletics GroundGlamis Avhampton VIC 3188Athletics Club
- Hampton Sailing Clubhampton VIC 3188Boating Club
hampton Retirement Villages
- The Conciergehampton VIC 3188
Find out How Much your House is Worth in hampton
Request a free market Basic Report for hampton to get a general idea of property prices in your area,
or a more specific CMA Report for the property you own.
Download Free Market Report