Hampton Park suburb profile
Hampton Park is a vibrant suburb located in Melbourne's southeast, approximately 36km from the CBD. Known for its family-friendly atmosphere, it offers a mix of residential options, including modern estates and established homes. The suburb is well-serviced by local amenities, including schools, shopping centres, and recreational facilities, making it an attractive choice for families and professionals. Hampton Park is also conveniently connected to major transport routes, providing easy access to the city and surrounding areas. Its community spirit and growing infrastructure contribute to its appeal as a desirable place to live and invest.
Hampton Park property market performance
Current median dwelling price$622,500Past 3 months
Property growth+2.5%Past 12 months
Hampton Park's property market has shown modest growth over the past 12 months. House values have increased by 3.1%, with the current median house price at $672,000. Although unit values have risen by 2%, the median unit price remains unavailable, indicating limited activity in this segment.
Sales activity has been more robust for houses, with 53 sold in the past 12 months compared to just 3 units. Houses are taking a median of 57 days on the market, while units are taking longer at 65 days, suggesting a slower pace in the unit market.
The rental market in Hampton Park has seen varied changes, with house rents increasing by 2.9% and unit rents rising by 6.7% over the last 12 months, reflecting a stronger demand for rental units.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $672K | N/A |
Change in value Past 12 months | 3.1% | 2.0% |
Sold Past 3 months | 53 | 3 |
Median days on market Past 12 months | 57 | 65 |
Average rent Past 12 months | $525 | $480 |
Change in rent Past 12 months | 2.9% | 6.7% |
5 year median price trend for houses and units
Hampton Park demographics
Hampton Park, located in the southeastern suburbs of Melbourne, is a family-oriented community known for its suburban charm and accessibility to essential amenities. With a population of 26,082 and a median age of 33, the suburb is home to a youthful and diverse demographic. The area is particularly appealing to families, with over half of the households being couple families with children, reflecting its family-friendly environment and community-focused lifestyle.
The housing landscape in Hampton Park is characterized by a significant proportion of home ownership, with 24.1% of properties owned outright and 46.2% owned with a mortgage. This indicates a stable residential base, with many families choosing to settle long-term in the area. The rental market, comprising 29.7% of properties, offers options for those seeking flexibility, including young professionals and new families looking to establish themselves in the community.
Hampton Park's median household income of $1,538 per week aligns with its suburban setting, providing a comfortable standard of living for its residents. The suburb's infrastructure supports a balanced lifestyle, with access to schools, parks, and shopping centers, making it an attractive option for those seeking a blend of convenience and community spirit. Overall, Hampton Park offers a welcoming environment for families and individuals looking to enjoy the benefits of suburban living within reach of Melbourne's urban opportunities.
Hampton Park infrastructure, key developments and investment opportunities
Hampton Park is experiencing steady growth and development that may impact its property market. The suburb's population has increased to over 26,000 residents as of the 2021 census, indicating rising demand for housing in the area. Hampton Park's town centre along Hallam Road continues to expand, with recent additions to the local shopping precinct enhancing amenities for residents.
Infrastructure improvements include ongoing upgrades to local schools to accommodate the growing population. The nearby South Gippsland Freeway provides convenient access to Melbourne's CBD, while bus routes connecting to Lynbrook and Hallam railway stations have improved public transport options. With its mix of established homes and new developments, Hampton Park offers diverse housing choices that are likely to attract both families and investors seeking affordable options in Melbourne's southeastern growth corridor.
Hampton Park rental market trends
The rental market in Hampton Park has experienced moderate growth, with house rents increasing by 2.9% over the past year to $525 per week, while unit rents have seen a more significant rise of 6.7% to $480 per week. This steady demand highlights Hampton Park as a stable option for renters and investors seeking consistent returns in a well-connected suburban area.
Suburbs near Hampton Park
Some popular suburbs near Hampton Park include:
How does Hampton Park compare to nearby suburbs?
- Median house prices: Hampton Park’s median house price is 8.7% higher than Doveton’s.
- Median unit prices: Hampton Park’s median unit price is 6.5% higher than Narre Warren’s.
- House price growth: Over the past 12 months, house prices in Hampton Park have grown 5.9% higher than in Narre Warren South.
- Unit price growth: Property prices in nearby Narre Warren have risen 5.3% more than in Hampton Park over the past year.
- Selling speed for houses: Properties in Hampton Park are selling 40.6% faster than in Doveton.
- Selling speed for units: Properties in Hampton Park are selling 27.0% faster than in Narre Warren.
- Investment considerations: In Hampton Park, the rental yield for house is 15.0% lower than the Melbourne average, while the rental yield for units is 14.3% lower.
- House price growth: Over the past 12 months, house prices in Hampton Park have grown 33.7% lower than the average rate of growth across Melbourne.
- Unit price growth:Over the past 12 months, unit prices in Hampton Park have grown 3.1% lower than the average rate of growth for units across Melbourne.

