Family life’s a beach

Herald Sun - Property - - SUBURB PROFILE - JOR­DAN MAR­SHALL

FOR many fam­i­lies look­ing for a beach­side lifestyle, Hamp­ton is the lo­ca­tion of choice.

Beau­ti­ful pe­riod homes con­trast with the strik­ing con­tem­po­rary houses pop­ping up through­out the sub­urb.

“There’s a large preva­lence of large and at­trac­tive family homes,” said Stock­dale & Leggo fran­chise and busi­ness de­vel­op­ment man­ager Mark Rogers. “It’s a great sea­side family area to live in.”

The me­dian house price has rock­eted in the past 12 months, grow­ing by 27.9 per cent to $1.695 mil­lion, ac­cord­ing to CoreLogic.

“There are a lot of fam­i­lies who re­ally want to get into the area,” Mr Rogers said.

“Hamp­ton has re­ally been rein­vig­o­rated. The train sta­tion, Hamp­ton St and the beach have all been beau­ti­fully looked af­ter.”

The sub­urb is dom­i­nated by owner-oc­cu­piers, and longterm res­i­dents would have more than dou­bled their money in the past decade, with the me­dian house price grow­ing by 9 per cent per year since 2006 when it sat at $715,000.

Aside from the beach­side lo­ca­tion and shop­ping strip, the main family draw­card is ob­vi­ous.

“All the top in­de­pen­dent schools are within walk­ing dis­tance,” Mr Rogers said.

“Com­bined with ev­ery­thing else it’s clear why family buy­ers are the main mar­ket force.”

For those who work in the city, the Hamp­ton train sta­tion sits on the San­dring­ham line, one of Mel­bourne’s short­est and safest train lines.

There are also bike paths lead­ing from Hamp­ton into South­bank as well as to­ward Men­tone.

“There are trans­port links in ev­ery di­rec­tion,” Mr Rogers said.

For those who are look­ing for a slightly more af­ford­able en­try point into the mar­ket, the me­dian unit and apart­ment price is $712,000.

“It is a good, es­tab­lished area where most prop­er­ties are good propo­si­tions,” Mr Rogers said.

“It’s the sort of area where peo­ple are in for the long haul be­cause of the lifestyle.”

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.