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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Hampton VIC 3188
New Listings (last 30 days)
12
Average price
$1,164,083
Lowest price
$430,000
Highest price
$2,150,000
Other properties in this postcode

104/427 Hampton Street, Hampton VIC 3188

$589,000

Apartment 2 Beds 1 Bath 1 Car
Listed: 10th Apr 2024
Updated: 44 days ago
Overview

This modern first-floor apartment offers a seamless blend of comfort, convenience, and income potential, ideally positioned in the vibrant Hampton Street precinct. Perfect for those seeking a lifestyle close to bayside amenities or savvy investors interested in a turnkey opportunity.

Boasting two generous bedrooms with built-in robes, the residence is highlighted by wide oak floorboards and an open-plan living arrangement drenched in natural light. The fully equipped kitchen features premium appliances, complementing the apartment’s sleek, fully tiled bathroom and integrated European laundry.

Outdoor living is enhanced by a full-length balcony terrace, providing a leafy outlook and a prime vantage point for enjoying the bustling street scene. Comfort features such as reverse cycle air conditioning, double blinds, and video intercom ensure year-round convenience and security. Secure basement parking and a sizable storage cage add practical benefits to this contemporary home.

What sets this property apart is its established presence as a managed Airbnb rental, generating a financial return approximately 40% above typical rental income, with comprehensive bookings and flexible owner usage. Furniture and fittings, recently updated and valued over $10,000, are included, making it a truly plug-and-play investment or move-in ready residence.

Residents benefit from immediate access to cafes, boutiques, transport links, schools, and beaches, creating a balanced and desirable lifestyle. This apartment combines low maintenance living with strong rental appeal, making it well-suited to first-home buyers, downsizers, or investors looking for a Bayside asset.

Local Market Insights

In Hampton, Quiet Listings observed 12 new apartments entering the market over the last 30 days, up from 9 during the previous 30-day period, with an average advertised asking price of $1,164,083. The property type mix of listed properties is predominantly Houses at 38%, followed by apartments (29%), and townhouses (21%). The most active agency for apartments in the Hampton area is currently Buxton Real Estate Group, representing 50% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.