11/16-18 Regans Road, Hampton Park VIC 3976
11/16-18 Regans Road, Hampton Park VIC 3976
Compact unit | Built 1985 | 78sqm | Strong rental yield positioning
This two-bedroom unit represents the entry-level apartment segment in Hampton Park, suited to investors seeking yield-focused acquisitions or first-time buyers prioritising affordability over land footprint.
The property was constructed in 1985, placing it within the post-war unit development wave that characterised suburban Melbourne expansion. At 78 square metres of building area across a 204 square metre lot, the layout reflects efficiency-driven design typical of its era- modest but functional. The single bathroom and one allocated car space align with the modest living standard expected at this price and size category. Built-in robes and secure parking suggest some investment in livability, though the footprint limits scope for substantial renovation or reconfiguration without strata approval constraints.
As a unit investment, the property’s appeal centres on rental income generation rather than capital appreciation or lifestyle flexibility. The estimated weekly rental return of 455 dollars positions this property within the yield-focused segment where cash flow matters more than long-term growth. Investors in this bracket typically operate on a seven to ten-year hold model, managing properties that service the rental market consistently without requiring significant capital improvements. The location within Casey council in Melbourne’s outer southeast provides reasonable tenant demand from households seeking affordable rental entry points, though competition from newer developments and established suburbs remains a factor affecting capital growth prospects.
Structurally, the absence of bushfire, flood, or heritage overlays removes regulatory complexity that might otherwise constrain future modifications or affect insurance costs. Access to NBN fibre and 5G coverage reflects standard modern utility standards for the area. The property’s zoning alignment with Hampton Park Primary School and Hampton Park Secondary College indicates it sits within a family-oriented precinct, supporting stable tenant demand and moderate rental consistency. For investors, this translates to lower vacancy risk and predictable income cycles typical of suburban family rental markets. The core appeal remains straightforward- reliable rental income with minimal structural or locational liabilities.
Market Insight:
Hampton Park is a south-east suburb attracting buyers seeking relatively affordable housing close to employment corridors. House prices typically sit in the mid-$600k range with steady demand from families and investors. The suburb benefits from proximity to major transport routes. Population growth continues to support housing demand.