305/33 Crisp Street, Hampton VIC 3188

305/33 Crisp Street, Hampton VIC 3188
Two-bedroom apartment | Third-floor positioning | Separate home office | Bayside peninsula location This two-bedroom, two-bathroom apartment on a 1733 square metre lot represents a low-density residential offering in a established beachside locality, suited to downsizers and investor-owners seeking rental yield without the maintenance demands of standalone housing. The property occupies the third floor, a positioning that typically delivers quieter amenity and reduced ground-level noise compared to lower levels, while maintaining building security and common facilities. With a dedicated home office space, the unit accommodates the growing cohort of remote and hybrid workers who require functional separation between living and professional zones without the financial commitment of larger dwellings. The apartment’s setting within Bayside council area places it in proximity to established schools including Sandringham Primary and Sandringham College, a factor that supports medium-term rental demand from families and relocating professionals. The lot sits within a zoned residential precinct with no identified flood, bushfire, or heritage overlays, removing additional compliance complexity that often constrains development or renovation on comparable urban properties. Current rental assessment at approximately 665 dollars per week positions the apartment for steady investor returns, a yield pathway that typically appeals to portfolio holders seeking passive income over capital appreciation strategies. Properties of this configuration and location tend to attract both owner-occupiers seeking lifestyle simplicity and institutional investors building diversified residential holdings. The beachside peninsula setting carries inherent appeal for long-term holders given ongoing demand for bayside living, though the apartment market remains more sensitive to interest rate movements than detached housing in the same suburb.

Market Insight:

Hampton is one of Melbourne’s most desirable bayside suburbs attracting strong demand from affluent families. Housing prices frequently exceed $2M due to proximity to beaches, elite schools and strong transport connectivity. Buyers are drawn to its village retail precinct and coastal lifestyle. Limited land supply continues to underpin property values.

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

Built

Recent Assessments