

37 Margarita Street, Hampton, Vic 3188
$2,300,000 - $2,530,000
3 1 2
Open Saturday 6 June 12:00 pm Auction Saturday 20 June 10:30 amOriginally part of the Brighton estate, Hampton developed as a market gardening area before the railway arrival in 1887 spurred residential growth. The inter-war period saw the construction of many of the suburb's signature Californian Bungalows and Edwardian homes.
Today, Hampton is a highly sought-after family-oriented suburb known for its upscale retail strip and proximity to elite private schools.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Hampton offers a more relaxed, family-centric alternative to Brighton while maintaining similar prestige and amenity. It is a 'destination' suburb where buyers typically settle for the long term.
$2.1m – $4.5m
$650k – $1.8m
12-month movement
Current asking rents
The market has shown resilience through interest rate cycles, underpinned by the scarcity of land and the suburb's enduring appeal to high-income families.
Price comparison
Median price รท median income
Estimated rental yield
Hampton is one of Melbourne's least affordable suburbs. Buyers are typically upgrading from smaller inner-city dwellings or relocating from interstate for lifestyle reasons.
Lower = tighter market
Avg time on market
Annual rental increase
Professional families awaiting home completions and corporate relocations.
Low yields are offset by strong historical capital growth and extremely low vacancy risk. High-end apartments near the station attract quality long-term tenants.
Expect steady, moderate growth. Hampton's status as a blue-chip suburb makes it a safe haven for capital, though the rapid growth seen in 2021 is unlikely to repeat in the current credit environment.
vs last 12 months
Relative comparison
Standard home security is sufficient; the area is highly regarded for its safe, walkable streets at all hours.
Primary risks are related to planning restrictions and the high cost of entry rather than environmental factors.
Low risk; some localized flash flooding possible in low-lying areas near the beach during extreme storms.
Nil risk.
Standard premiums apply; no significant coastal hazard loading currently reported for most residential blocks.
Heritage Overlay (HO), Significant Landscape Overlay (SLO), Vegetation Protection Overlay (VPO).
Hampton Street corridor and areas immediately adjacent to Hampton Station.
Bayside Council is protective of the suburb's character. Buyers must check the SLO and VPO before planning any major tree removal or significant extensions.
Hampton Station (Sandringham Line) and bus routes 708, 828, and 922.
Hampton Street shopping strip features high-end boutiques, cafes, and essential services.
Castlefield Reserve, Alexander Park, and the extensive Bayside coastal foreshore.
Hampton Primary School, St Mary's Primary, and proximity to Haileybury and St Leonard's Colleges.
Numerous local GPs and specialists; Sandringham Hospital is less than 5 minutes away.
An affluent, established community with a high proportion of professional couples and families.
The high rate of owner-occupation and mature age profile contributes to the suburb's stability and well-maintained streetscapes.
Focus is on mid-rise luxury residential developments along the Hampton Street spine.
Residents value the suburb for its safety, school quality, and the ability to walk to both the beach and high-quality cafes.
The best place to raise kids in Melbourne. Everything is within walking distance and the schools are second to none.
Moved into a new apartment near the station. It's great being near the shops, but parking for visitors is a nightmare.
Yields are low, but the capital growth over the last decade has been exceptional. It's a 'set and forget' suburb.
The train line is so reliable. I can be in my office in the CBD in 25 minutes and on the beach by 6 PM.
Hampton Street has a real village feel. People support local businesses here, which is rare these days.
I love living here but the rents are becoming unsustainable. I'll likely have to move further out soon.
Position the property as a 'forever home' or a 'turn-key luxury lifestyle' to attract the maximum premium from time-poor professionals.
Hampton is a capital preservation play rather than a high-yield play.
Low rental yields and high land tax exposure.
Access to elite amenities and a safe, high-status environment.
High rental costs and limited availability of pet-friendly options.
Strict adherence to Victorian rental minimum standards is mandatory, with frequent inspections recommended.
Focus on 'Walkability', 'School Zones', and 'Coastal Sophistication'.
Established professional families (aged 35-50) and local downsizers.
This report is for informational purposes only and does not constitute financial or legal advice. All data is based on available information as of March 2026 and is subject to change. Buyers should conduct their own independent due diligence.
Now
Before

$2,300,000 - $2,530,000
3 1 2
Open Saturday 6 June 12:00 pm Auction Saturday 20 June 10:30 am

$3,450,000 - $3,650,000
5 3 2
Open Saturday 6 June 11:30 am Auction Saturday 20 June 2:30 pm

$3,500,000 - $3,700,000
5 3 3
Open Saturday 6 June 10:45 am Auction Saturday 20 June 11:30 am

$1,800,000 - $1,900,000
4 3 2
Open Thursday 4 June 5:00 pm Auction Saturday 20 June 11:00 am

$1,100,000 - $1,200,000
3 2 2
Open Saturday 6 June 11:15 am Auction Saturday 20 June 11:30 am

$2,150,000-$2,300,000
4 2 2
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