313/2 Willis Lane, Hampton VIC 3188

One-bedroom Hampton apartment | boutique low-rise | 47sqm with parking | strong rental yield near village | built 2012 This apartment offers a rare combination of low-maintenance modern construction, a dedicated car space, and a location within walking distance of Hampton’s village and train station. For a buyer seeking a secure foothold in Bayside without paying a premium for land, the 47-square-metre floor plan is efficiently laid out with American Oak flooring and a balcony, which lifts the property above typical entry-level stock. The 5.65% rental yield signals genuine demand from tenants, and the property suits either an investor targeting steady cash flow or an owner-occupier wanting a lock-and-leave base in a high-demand suburb. The primary risk is the unit’s size,47 square metres is tight for long-term owner-occupancy and may limit future buyer appeal to investors or singles. The 2020 sale price of $425,000 and current estimate of $420,000 suggest minimal capital growth over the past six years, and the 2011 purchase at $450,950 means the property has not recovered its original value. For a buyer, this flat price trajectory means the investment case rests on rental income, not appreciation. The opportunity is to acquire at or below the lower end of the estimate range and hold for yield, with the car space and low body corporate fees typical of a 2012 build supporting ongoing affordability. Use this property as a reliable income-producing unit in a tightly held suburb, not as a vehicle for short-term capital gain.