Hampton is a well-established suburb in Victoria within the Bayside (Vic.) local government area (postcode 3188). With a population of 13,518, the suburb has a mature demographic with a median age of 45. Households earn a median income of $139K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Hampton is $2.5 million, having increased 4% over the past year. Units have a median price of $933,000 (-4.2% YoY). The current median weekly rent is $688. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $3,000.
Hampton is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 1143, which is well above the national average of 1,000. Public transport access includes 4 rail stations, 64 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Bayside (Vic.) LGA is moderate at 5,194 incidents per 100,000 population.
From an investment perspective, Hampton offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.5M/$875K), placing it in the premium segment. The price-to-income ratio of 17.8x is considered stretched. House prices have moved +4.0% year-on-year.
Hampton is a well-established suburb in Victoria within the Bayside (Vic.) local government area (postcode 3188). With a population of 13,518, the suburb has a mature demographic with a median age of 45. Households earn a median income of $139K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Hampton is $2.5 million, having increased 4% over the past year. Units have a median price of $933,000 (-4.2% YoY). The current median weekly rent is $688. This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $3,000.
Hampton is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 1143, which is well above the national average of 1,000. Public transport access includes 4 rail stations, 64 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Bayside (Vic.) LGA is moderate at 5,194 incidents per 100,000 population.
From an investment perspective, Hampton offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($2.5M/$875K), placing it in the premium segment. The price-to-income ratio of 17.8x is considered stretched. House prices have moved +4.0% year-on-year.