Family life’s a beach
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.”