Hampton East, VIC 3188, is a suburban enclave located approximately 15 kilometers southeast of Melbourne's central business district (CBD). Situated between the bayside suburbs of Brighton and Cheltenham, Hampton East offers residents a convenient location close to beaches, parks, and retail precincts.
Throughout its history, Hampton East has transitioned from rural farmland to a predominantly residential suburb. Originally settled in the late 19th century, the area was primarily used for grazing and agriculture. With the expansion of Melbourne's suburban sprawl in the 20th century, Hampton East experienced residential development, attracting families seeking a suburban lifestyle within commuting distance of the city.
An interesting fact about Hampton East is its proximity to the internationally renowned sandbelt golf courses, including Royal Melbourne Golf Club and Victoria Golf Club. These prestigious courses attract golf enthusiasts from around the world and contribute to the suburb's reputation as a desirable residential location.
Hampton East has undergone gradual gentrification and improvement in recent years, with many older homes being renovated or replaced with modern dwellings. While it is not considered an old money suburb, it has become increasingly sought after by families and professionals due to its convenient location and lifestyle amenities. House prices in Hampton East have experienced steady growth over the past decades, reflecting its popularity among homebuyers.
Lifestyle
Hampton East offers residents a relaxed suburban lifestyle with access to several reserves, parks, and recreational facilities. The suburb is home to the sprawling Moorleigh Reserve, which features sports fields, playgrounds, and walking trails, making it a popular destination for outdoor activities.
Residents of Hampton East enjoy a variety of lifestyle pursuits, including walking, jogging, and cycling along the scenic coastal trails that connect neighboring bayside suburbs. The suburb also boasts a vibrant café culture, with local eateries and coffee shops frequented by residents and visitors alike.
While Hampton East does not host major events or festivals, it benefits from its proximity to nearby beachside communities, which often hold cultural and community events throughout the year. Pets are popular in the suburb, and residents can often be seen walking their dogs in local parks and along designated dog-friendly trails.
School Zones
Hampton East is served by several public primary schools and Catholic primary schools, including Hampton Primary School and St. Joan of Arc School. Public high schools in the area include Sandringham College and Mentone Girls' Secondary College.
Neighboring suburbs offer exclusive independent private schools, such as Haileybury College and St. Leonard's College, catering to families seeking private education options. For students with special needs, the closest school is Bentleigh Secondary College, which provides specialized programs and support services.
Demographics
From 2006 to 2021, Hampton East has experienced moderate growth in median weekly household income rising from $952 to $1,953 , reflecting improving economic conditions and rising property values. The suburb has a diverse demographic, with a mix of families, young professionals, and retirees.
Major cultural ethnicities in Hampton East include Anglo-Australian, European, and Asian communities. While the average income in the suburb is slightly above the Australian average, Hampton East's wealth has increased over time, driven by its desirability as a residential location and strong property market performance.
Employment
A significant percentage of Hampton East residents are employed in professional, managerial, and administrative roles, reflecting the suburb's affluent demographic amounting to 50%. The main employers in the area include healthcare facilities, educational institutions, and retail outlets.
Industries of employment in Hampton East include healthcare, education, retail, and professional services. While many residents work locally, others commute to Melbourne's CBD and surrounding suburbs for employment opportunities.
Emerging employment trends in Hampton East include growth in the healthcare and education sectors, driven by increasing demand for healthcare services and educational programs.
Transport
Hampton East is well-connected to surrounding areas via public transport, including bus services and major arterial roads. The suburb is serviced by several main bus routes, providing convenient access to nearby train stations and shopping precincts.
Additionally, Hampton East is located near major roadways such as the Nepean Highway and South Road, making it easily accessible by private transport. While the suburb does not have its own train station, residents can access nearby stations in Brighton and Moorabbin for commuting to other parts of Melbourne.
Shopping Centre's, Restaurants & Facilities
Hampton East has a moderate walk score, with some amenities within walking distance for residents. The suburb offers a mix of local shops, supermarkets, and convenience stores, as well as access to major shopping centers such as Westfield Southland and DFO Moorabbin.
Popular restaurants in Hampton East include cafes, bakeries, and family-friendly eateries, catering to diverse tastes and preferences. Local facilities include fitness centers, libraries, and community centers, providing residents with opportunities for leisure and recreation.
Residents of Hampton East engage in various lifestyle activities, including dining out, shopping, and participating in community events. The suburb is home to several sports clubs, including cricket, tennis, and soccer clubs, where residents can pursue their interests and socialize with fellow enthusiasts.
One unique thing that residents in Hampton East have access to is the nearby Sandbelt Golf Courses, which offer world-class golfing facilities and championship courses. The suburb is also home to several churches and religious places, catering to different faiths and denominations.
Development
Hampton East features a mix of dwellings, including detached houses, townhouses, and apartments. Development opportunities in Hampton East include infill development, medium-density housing projects, and subdivision of larger blocks.
While knock-down rebuilds and renovations are common in the area, strict planning regulations aim to preserve the suburb's character and amenity. Subdivision opportunities are limited, but there is potential for future growth and development as demand for housing continues to rise.
Capital Growth
Average capital growth for houses, townhouses, and units in Hampton East has been moderate, reflecting the suburb's stable property market and desirable location at 9.1% for houses. Growth in the better pockets of the suburb, particularly those close to amenities and transport, has outpaced broader market trends averaging 12% or more.
Factors driving capital growth in Hampton East include its proximity to beaches, parks, and shopping precincts, as well as its family-friendly atmosphere and strong sense of community. The suburb's limited housing supply and high demand also contribute to its attractiveness to property buyers.
Main buyers in the suburb include families, downsizers, and investors seeking capital growth and rental returns in a sought-after bayside location.
Cash Flow
The average cash flow for houses in Hampton East reflects competitive rental yields, making it an attractive investment option for landlords seeking stable returns of 2.8%. Townhouses and units also offer competitive yields of 4.6%, appealing to tenants seeking convenient urban living.
Cash flow has shown consistent growth over the past decades, driven by strong rental demand and limited housing supply. Common tenants of leased properties in Hampton East include families, young professionals, and students seeking accommodation close to amenities and transport.
Rental Demand
Vacancy rates for houses, townhouses, and units in Hampton East have historically been low at 1.9%, reflecting strong rental demand and a stable rental market. Over the past decade, vacancy rates have remained consistently low, indicating sustained demand from tenants.
Since the COVID-19 pandemic, vacancy rates have decreased at 1.1%, as Hampton East continues to attract tenants seeking a relaxed bayside lifestyle. Major driving forces behind rental demand include proximity to employment hubs, quality amenities, and recreational facilities.
Rental stock levels have decreased due to limited new development and increasing demand from tenants, resulting in competition for available rental properties.
Why You Require a Buyers Agent in Hampton East
Competition in Hampton East's property market is fierce, with low stock levels and high demand creating challenges for prospective buyers. A buyer's agent can provide valuable expertise, insights, and negotiation skills to help buyers secure their desired property in a competitive market.
Due to the suburb's limited housing supply and strong demand, stock levels are constantly low, making it essential for buyers to act quickly and decisively when opportunities arise. A buyer's agent can leverage their network and resources to access off-market listings and exclusive properties, giving buyers a competitive edge in the market.
One unique reason why Hampton East is a good place to buy is its desirable bayside location, offering residents a relaxed suburban lifestyle with access to beaches, parks, and recreational facilities. With its stable property market and potential for capital growth, Hampton East presents an attractive investment opportunity for homebuyers and investors alike.
Having a buyers agent in your corner is crucial to your success in Hampton East. Having the knowledge, strategy, access and negotiation ability will ensure you save thousands on the way in and make potentially millions in the future.
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