3/5 Walker Avenue, Hampton VIC 3188
3/5 Walker Avenue, Hampton VIC 3188
Rear-positioned boutique townhouse | Northern light and balcony | 3-bed family layout | 119m² compact footprint | Single-car configuration
This townhouse holds a genuinely uncommon position within its small group, set back behind a leafy driveway that gives it a private, almost house-like feel despite the compact land. The layout is efficient rather than expansive, with timber floors, good glazing, and northern light pulling warmth into the living areas and main suite. Upstairs bedrooms with a balcony and ensuite make it work well for a young family or downsizer who wants space without maintenance. It sits comfortably within Hampton’s established residential character, close to parks, the beach, and school catchments that are consistently sought after. The property serves buyers prioritising lifestyle and convenience over land size, and its boutique form means less competition than typical apartment stock.
The 119m² lot and single garage are the main constraints, and they may shape how the property is priced relative to larger townhouses nearby. The rear position improves privacy but reduces street presence, which might appeal more to some buyers than others. Rental demand appears steady, and the recent leasing history suggests the property holds appeal for owner-occupiers and investors alike. Condition and presentation will matter most here, given the compact footprint, so a well-maintained interior with natural light flowing through could justify a stronger result than the land size alone would suggest. Buyers should weigh the balance between location quality and the modest outdoor space when forming their view.
|| Comparable Sales: Similar 3-bed boutique townhouses in Hampton have transacted around $1.0M–$1.1M in recent periods | Property Price Band: $1.0M–$1.1M | Value Drivers: Northern light and balcony, rear privacy, school catchment proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 3/5 Walker Avenue, Hampton VIC 3188
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Hampton VIC 3188 remains a tightly held bayside market, with demand led by established couples with children and outright owners drawn to beachside living and rail connectivity. House prices have softened over the past year, with medians ranging from $2.19m to $2.4m and annual declines of 2.6% to 6.8%, though REIV data shows a 7.4% quarterly rebound. Units are more divergent: Property.com.au reports 23.9% annual growth to $1.121m, while Woodards records a 5.8% fall to $858,000. Houses trade in 36–53 days, with sales volumes down as much as 18.7%. Gross yields remain thin for houses (2.6–3.7%) but firmer for units (3.6–4.1%). Future demand is anchored to limited coastal supply, but affordability constraints and rate sensitivity cap upside.
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PropCred Estimated Value
Comparable Sales: Similar 3-bed boutique townhouses in Hampton have transacted around $1.0M–$1.1M in recent periods | Property Price Band: $1.0M–$1.1M | Value Drivers: Northern light and balcony, rear privacy, school catchment proximity
Bedrooms
3
Bathroom
2
Parking
1
Land
119m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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