Question 1

Is Hampton East a nice place to live?

Accepted Answer

Hampton East is a quiet, residential Bayside suburb with leafy streets and a modest postwar character, where weatherboard cottages and single-storey brick homes sit alongside some contemporary infill. It suits families, professionals and downsizers who want a calmer neighbourhood with easy access to the coast, local parks and community facilities. The suburb is home to about 5,069 people with a median age of 40, and most dwellings are owner-occupied (64.2%) while 35.8% are rented.

Day-to-day life is supported by small shopping strips and pocket reserves within the suburb and the cafes and shops of neighbouring Hampton and Sandringham nearby. Public transport is convenient, with bus services and easy access to the Sandringham train line and major arterial routes. Significant local projects are under way, including a large public-housing redevelopment delivering more social, affordable and market rental homes and specialist disability accommodation, a modernised local school, an urban forest precinct plan to boost canopy and a council-backed dog park and activity centre pilot being considered for the area.

Question 2

Is it expensive to live in Hampton East?

Accepted Answer

Buying a house in Hampton East sits at about 13.2 times a typical local household's annual income at the last Census, so on the figures buying is well above what households earned then. If you are renting, a house at $870 a week would take about 44.6% of a typical local household's weekly income at the last Census, which is a large share, while a unit at $600 a week would take about 30.7%, a sizeable share. On these numbers, renting a unit looks less stretched against local incomes than buying a house.

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 Hampton East a good place to invest?

Accepted Answer

The most striking picture for Hampton East over the past 12 months is a clear split between units and houses. Unit rents jumped 15.4%, a strong rise, while unit values fell 18.4%, a large decline. By contrast, house values edged down 1.9% and house rents slipped 0.6%, both marginal movements.

If you care most about rental income, the unit-side rent rise is the number that matters; if capital growth is your focus, the unit values and house values both declined over the year (units sharply, houses slightly). Which of those outcomes matters to you will depend on your investment goals and circumstances.

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	$1.34M	N/A
Change in value Past 12 months	-1.9%	-18.4%
Sold Past 3 months	27	3
Median days on market Past 12 months	59	N/A
Average rent Past 12 months	$870	$600
Change in rent Past 12 months	-0.6%	15.4%

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