Question 1

Is Hove a nice place to live?

Accepted Answer

Hove is a relaxed beachside suburb in the City of Holdfast Bay, sitting along the Gulf St Vincent between Glenelg and Brighton. Sandy beaches, grassy foreshore reserves and sea views shape everyday life, and the housing mix ranges from early 20th-century cottages and stone villas to low-rise units and newer apartments near the esplanade. The community of 3,189 has a median age of 51, and about three in four dwellings are owner-occupied, so the area reads as an established, largely couple-based neighbourhood.

Everyday conveniences include local shops and cafes, larger shopping and entertainment hubs close by, and regular bus links to the city. State-led transport works affecting the Brighton Road rail crossing and related intersection and train-protection upgrades are under way, and the council is redeveloping the Wattle Reserve playspace with construction planned. That combination of coastal access, local services and a settled resident mix tends to appeal to long-term locals and retirees, as well as young families and professionals; whether Hove is the right fit depends on what you value most in a suburb.

Question 2

Is it expensive to live in Hove?

Accepted Answer

A median house in Hove sits at $1,372,500, which is about 17.8 times a typical local household's annual income at the last Census (weekly household income $1,479, annualised to $76,908). Renting a house at around $725 a week would take roughly 49% of a typical local household's weekly income at the last Census, which is a large share of income. On these figures, buying sits well above what local households earned at the last Census, and renting would take up a substantial portion of a typical local household's income, so the question of whether that feels expensive depends on your own 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 Hove a good place to invest?

Accepted Answer

Over the past 12 months the house market in Hove showed a strong divergence: median house values climbed 29.0%, while the rent those houses earn fell 6.5% over the same period. Put simply, houses in Hove have delivered substantial capital growth this year even as rental income from those houses declined.

If capital growth is your priority, the 29.0% rise is the figure to focus on. If steady rental income matters more, note the 6.5% fall in house rents. Whether that combination fits your goals and circumstances is something only you can decide.

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	$1.37M	N/A
Change in value Past 12 months	29.0%	N/A
Sold Past 3 months	12	1
Median days on market Past 12 months	65	N/A
Average rent Past 12 months	$725	N/A
Change in rent Past 12 months	-6.5%	N/A

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