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    Can you afford to live in Hampton Park?

    Hampton Park is a suburb in Victoria. Median rent is $550/week and the median house price is $680k.

    Median rent

    $550/wk

    Real

    Median price

    $680k

    Real

    20% deposit

    $136k

    Stamp duty

    $36k

    Hampton Park, Victoria
    Photo by Orthogonal1 · CC BY-SA 3.0 · via Wikimedia CommonsWikipedia

    The numbers, in plain English

    To rent in Hampton Park without housing stress, a household income of about $95,000/year keeps the rent of $550/week at or below 30% of gross income — the standard affordability benchmark. That rent is the official median for a 3-bedroom house — the most common new lease here (936 bonds lodged). Check your income →

    To buy the median home ($680,000) with a 20% deposit of $136k, repayments at 6.2% over 30 years come to about $3,332/month — comfortable on roughly $133,000/year under the same 30% rule. Saving that deposit at $1,500/month takes about 7.6 years, before stamp duty of $36k ($19k for eligible first home buyers). Run your own loan →

    That price is the real median of 398 house sales in Hampton Park, published by the state land authority — not an estimate.

    Compared to the rest of Victoria, Hampton Park is more expensive to buy than 86% of the state's suburbs (state median $330k) and pricier to rent than 83% (state median $445/week). It sits roughly 37 km from the Melbourne CBD as the crow flies.

    For investors, the median rent against the median price gives a gross rental yield of about 4.2% before costs. Net yield calculator →

    Modelled medians, not valuations — every formula above is documented on our methodology page.

    Actual rents lodged here

    Bonds lodged, September 2025

    Unlike the modelled figures above, these are the real median rents from every rental bond lodged with the Victorian RTBA in Hampton Park — a typical 3-bedroom house rents for $550/week.

    BedroomsTypeMedian rentBonds lodged
    3house$550/wk936
    4house$640/wk575

    Source: Victoria DFFH Rental Report (CC BY 4.0), moving-annual by suburb with at least 5 lodgements per figure. Updated quarterly — see data sources.

    Affordability by income

    $60k income

    Rent ($550/wk)

    Over budget

    Budget: $346/wk

    Buy ($680k)

    Repayments are a stretch

    $3,262/mo · deposit in ~15.2yr

    $90k income

    Rent ($550/wk)

    Over budget

    Budget: $519/wk

    Buy ($680k)

    Repayments are a stretch

    $3,262/mo · deposit in ~10.1yr

    $120k income

    Rent ($550/wk)

    Affordable

    Budget: $692/wk

    Buy ($680k)

    Repayments are a stretch

    $3,262/mo · deposit in ~7.6yr

    Based on 30% gross income rule for rent; 6% p.a. / 30-year P&I loan at 20% deposit for purchase; 15% savings rate for deposit timeline.

    Upfront buying costs

    Purchase price$680k
    20% deposit (no LMI)$136k
    Stamp duty (Victoria)$36k
    Stamp duty (first home buyer)$19k
    Conveyancing (est.)$1,500 – $3,000
    Building inspection (est.)$400 – $700
    Total upfront (est.)$174k

    Who lives here & what's nearby

    Real figures for Hampton Park — measured, not modelled.

    Median household income
    $80k
    per year (ABS Census)
    Median age
    33
    years
    Socio-economic (SEIFA)
    55/100
    ABS 2021, national scale — higher is less disadvantaged
    Owner-occupied
    68%
    29% rented
    Housing mix
    Mostly houses
    93% houses · 1% units
    Nearest train station
    2.3 km
    Nearest hospital
    6.8 km
    Schools nearby
    10

    How Hampton Park compares

    • Households here earn about 11% more than the typical suburb in Victoria.
    • Fewer owners than most of Victoria — 68% own their home, against a 79% median.
    • Younger than average — a median age of 33 vs 46 statewide.
    • 29% of homes here are rented, against 15% across Victoria — a rental market.

    Demographics and tenure from the ABS 2021 Census; the socio-economic score is the ABS SEIFA 2021 index of relative disadvantage, scaled 0–100 against every Australian postcode; distances and school counts from OpenStreetMap. Comparisons are against the median suburb in Victoria. Suburb-level price trends aren't shown because no open source publishes them reliably yet — see our data sources.

    What's around Hampton Park

    Real places nearby — the little things that make a suburb feel like home.

    Parks & green space
    • Springfield Crescent Reserve200 m
    • Peppercorn Park400 m
    • Scott Park700 m
    • Amber Drive Reserve800 m
    Sport & recreation
    • Hampton Park Tennis Club1.5 km
    Libraries
    • Hampton Park Library1.0 km
    Community
    • Lynbrook Community Centre1.5 km

    Places within about 3 km, from OpenStreetMap contributors — distances as the crow flies. Something missing or moved? Tell us.

    Compare Hampton Park with another suburb →

    Get to know Hampton Park

    Real places to see and hear what living here is actually like.

    Neighbourhood at a Glance

    Indicative scores based on ABS Census data modelling. Always conduct your own research.

    Safety
    72/100
    Above average
    Schools
    74/100
    Above average
    Lifestyle
    70/100
    Above average

    Related reading

    Government schemes that may apply

    First Home Guarantee (FHBG)

    Buy with as little as 5% deposit, no LMI. Up to 35,000 places/year nationwide.

    Learn more →

    First Home Owner Grant (FHOG)

    Victoria offers a grant for eligible first home buyers purchasing new builds. Amounts vary.

    Learn more →

    First Home Super Saver (FHSS)

    Save up to $50k inside super (taxed at 15% instead of marginal rate), then withdraw for a deposit.

    Learn more →

    Stamp duty concessions

    On Hampton Park's median of $680,000, a VIC first home buyer pays about $19,131 instead of $35,870 — roughly $16,739 less.

    Learn more →

    Nearby suburbs in Victoria

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    Rent data for Hampton Park sourced from the ABS 2021 Census, scaled by rental CPI to current values. Calculations use 30% gross income rule, 20% deposit, 6% p.a. loan rate over 30 years. Not financial advice.