hampton

3188, Victoria

Real Estate & Property Information

Median
Price Rank
20

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.

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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.

hampton Median House Prices

  • 2008 $ 1,070,000
  • 2009 $ 1,068,500
  • 2010 $ 1,095,000
  • 2011 $ 1,206,000
  • 2012 $ 1,262,500

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.

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hampton 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in hampton have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term hampton property price predictions.

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.

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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.

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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

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.

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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.

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