Question 1

Is Hammond Park a nice place to live?

Accepted Answer

Hammond Park is a largely modern, family-focused suburb in Perth’s southern suburbs within the City of Cockburn, with recent housing estates, tidy streets and a neighbourhood feel. Homes are mostly contemporary single-family houses and the area has pocket parks, playgrounds and sporting ovals, so outdoor activity and weekend sport are part of everyday life. Local convenience shopping and community facilities are on hand, and the Mandurah train line, with stations at Aubin Grove and Cockburn Central, plus nearby arterial roads make commuting straightforward. The suburb tends to appeal to young families and people after a quieter suburban lifestyle with good access to green space.

About 6,985 people live in Hammond Park; the median age is 31 and the median total household income is $2,446 a week. The community is weighted towards couple families, and owner-occupiers make up about three in four dwellings while renters are 23.8%. Education provision includes Jilbup Primary School (Kindergarten–Year 6 with a specialist autism learning program and a dedicated inclusive-education classroom), Hammond Park Secondary College (Years 7–12) and two primary schools. Apart from these schools, there are no other named state or council-led transport, health, open-space or town-centre renewal projects specific to Hammond Park at present. Whether that suits you comes down to what you are looking for in a suburb.

Question 2

Is it expensive to live in Hammond Park?

Accepted Answer

House rents in Hammond Park run to about $755 a week. Against a typical local household income of $2,446 a week as recorded at the most recent Census, that rent would take roughly 31% of income, a sizeable share, so renting a house is a significant part of a typical local household's weekly earnings at the last Census.

Buying looks more stretched. The median house price of $950,000 is about 7.5 times a typical local year's household income at the last Census, which sits well above local incomes, while the median unit price of $650,000 is about 5.1 times that income, which is somewhat above local incomes. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Hammond Park a good place to invest?

Accepted Answer

Over the past year in Hammond Park, house values fell 5.3% while house rents rose 3.4%.

Put simply, the data show a decline in capital value for houses over the 12 months alongside a modest increase in rental income. If rental cashflow is your main concern, the 3.4% rise in house rents is the figure that matters; if capital growth is your priority, note the 5.3% fall. Whether that balance suits your goals and circumstances is for you to weigh up.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$950K	$650K
Change in value Past 12 months	-5.3%	N/A
Sold Past 3 months	28	11
Median days on market Past 12 months	13	7
Average rent Past 12 months	$755	N/A
Change in rent Past 12 months	3.4%	N/A

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