Hampton, VIC — Investment Profile 2021
Based on ABS Census 2021 data · AI-generated insights — for informational use only
Hampton
VICCensus 2021 · Population 13,520
Hampton is a suburb with a total population of 13,520, characterized by a median age of 45, which is higher than the Victorian average of 38. The suburb has a balanced gender distribution with 48.4% males and 51.6% females. Families are a significant presence, with 52.5% of households being couples with children, and 35.7% couples without children. The area is known for its high educational attainment, with 46.0% of residents holding a bachelor's degree or higher, compared to the Victorian average of 29.2%.
Key Highlights
- Highly educated population - 46.0% hold bachelor degrees (vs VIC 29.2%)
- High median household income - $2,682 weekly (vs VIC $1,759)
- Low unemployment rate - 3.8% (vs VIC 5.0%)
- Significant work-from-home culture - 44.7% (vs VIC 25.7%)
- Predominantly owner-occupied housing - 75.2% owned outright or with mortgage
Things to Consider
- Higher property prices may challenge first-home buyers
- Lower percentage of separate houses compared to VIC average
- Limited public transport usage - only 4.0%
- Median age of 45 suggests an older population
- High percentage of high-income households may affect affordability
What's it like living here?
Residents of Hampton enjoy a high standard of living, with a median household weekly income of $2,682, significantly above the Victorian average of $1,759. The suburb has a strong professional presence, with 34.8% of the workforce employed as professionals. Commuting patterns indicate a high percentage of residents working from home (44.7%), which is well above the state average of 25.7%. This suggests a community that values flexibility and work-life balance.