hoppers crossing

3029, Victoria

Real Estate & Property Information

Median
Price Rank
473

hoppers crossing Suburb Profile & Review

As one of Melbourne's fastest growing suburbs, Hoppers Crossing is popular with young families and first-home buyers for its affordable housing prices and easy access to the city. Melbourne's CBD is a short twenty-five minutes drive along the Princes Highway, while commuters will find Hoppers Crossing Station provides regular train services on the Werribee line.

Shopping is available in abundance. Werribee Plaza includes stores such as Myer, Safeway, Big W and Coles, and work to double the plaza's size will soon be underway. Other shopping options include Hogan's Corner, a smaller shopping centre on the corner of Derrimut Road and Hogans Road, or Wyndham Village on the boundary of Hoppers Crossing and Tarniet, which has numerous cafes, supermarkets and banks.

Kids are well catered to in Hoppers Crossing. There are many first-rate schools, such as Suzanne Cory High School, a superior select entry school. Sporting facilities in the area include Mossfiel Reserve and Grange Reserve. The Wyndham Leasure and Events Centre has two swimming pools, a gym and community function room for social events. For a fun day out, Werribee Zoo is less than ten minutes down the road.

hoppers crossing Demographic Data

$ 325,754 Median House Price

26 Minutes Average Commute

35 Median Age

37,598 Population

50.42 % Female

49.58 % Male

10255 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 hoppers crossing, Victoria.

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hoppers crossing 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.

hoppers crossing Median House Prices

  • 2008 $ 236,000
  • 2009 $ 260,057
  • 2010 $ 282,000
  • 2011 $ 327,500
  • 2012 $ 325,754

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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hoppers crossing 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 hoppers crossing 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 hoppers crossing property price predictions.

hoppers crossing Market Property Types

  • 91 % Seperate House
  • 6 % Semi Detached
  • 4 % 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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hoppers crossing 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.

hoppers crossing Income & Mortgage Stats

  • $ 1,299 Median Weekly Household Income
  • $ 1,517 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 hoppers crossing

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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hoppers crossing 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.

hoppers crossing Sold Property Prices

hoppers crossing 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.

hoppers crossing Related Local Blog Posts

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Much of Australia’s history and success has been built on the back immigration but are the current intake levels too high and how are they impacting prices?

Hangover Stock Brings About Buying Opportunities

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….

Where is The Property Market Heading?

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?

Property Market Trends in Melbourne Which Could Affect Prices

In this final edition we look at what how the Melbourne property market has fared and what whether we are likely to see any changes in property prices, demand for property and economic drivers.

New Research Shows Consumers Who Don’t Own A Home Could Be Worse Off in Retirement

New Research released last week by Roy Morgan shows that people who don’t own a home have become worse off in terms of their net wealth and are jeopardising their retirement.

Is Australian Housing Heading for a Hard Landing or a Financial Cliff?

From my experience and talking with real estate agents the Melbourne market has softened no doubt, but are we heading towards a financial cliff?

hoppers crossing Restaurants

  • The Hoppers Club 180 Pannam Dr hoppers crossing VIC 302903 9749 4844
  • The Tigers Clubhouse70 Old Geelong Roadhoppers crossing VIC 302903 9974 6900
  • Serrano Family RestaurantShop B006 Heaths Rd hoppers crossing VIC 302903 9748 4000

hoppers crossing Cafes

  • Southland Cafe43 Graham Cthoppers crossing VIC 30290438 577 140
  • Your Home Garden Cafe216 Old Geelong Rdhoppers crossing VIC 302903 8742 9676
  • Hoppers Junctions Cafe600 Bourke Sthoppers crossing VIC 302903 8360 3522

hoppers crossing Schools

  • St. Peter Apostle Primary SchoolGuinane AvenueÊhoppers crossing VIC 3029(03) 9749 1055Catholic Primary School
  • Warringa Park School81 Warringa Creshoppers crossing VIC 3029(03) 9749 5774Specialist School
  • Heathdale Christian College175 Derrimut Rdhoppers crossing VIC 3029(03) 9749-1522Private School

hoppers crossing Childcare

  • ABC Learning Centre350 Heaths Roadhoppers crossing VIC 3029
  • Back to Basics Early Learning Ctr348 Morris Roadhoppers crossing VIC 3029
  • Mossfiel Childrens CentrePannam Drivehoppers crossing VIC 3029

hoppers crossing Kindergarten and Preschools

  • Mossfiel Kindergarten3 Guinane Avenuehoppers crossing VIC 3029
  • The Grange Childrens Ctr-Kinder260-280 Hogans Roadhoppers crossing VIC 3029
  • Wilmington KindergartenWilmington Avehoppers crossing VIC 3029

hoppers crossing Sporting Centres and Clubs

  • Hoppers Crossing Clubhoppers crossing VIC 3029Bowling Club
  • Hoppers Crossing Juniorhoppers crossing VIC 3029Netball Club
  • Hoppers Crossing Sports Clubhoppers crossing VIC 3029

hoppers crossing Retirement Villages

  • Hoppers Villagehoppers crossing VIC 3029

Find out How Much your House is Worth in hoppers crossing

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