Hoppers Crossing Real Estate Market Overview
Found in the western suburbs of Melbourne, Hoppers Crossing is a sought-after location for many homebuyers and investors alike. The suburb boasts its close proximity to the city while providing its residents with a serene and peaceful atmosphere.
When it comes to Hoppers Crossing real estate, the property market is thriving, and it's easy to see why. The suburb has fantastic schools, shopping centers, green spaces, good public transportation, and low crime rates. Homebuyers and investors can always find what they're looking for within Hoppers Crossing real estate market.
Property Prices
The median property price in Hoppers Crossing has consistently been on an upward trend, showing that the suburb is a great investment opportunity. According to realestate.com.au, as of April 2021, the median house price in Hoppers Crossing is $545,000, which is slightly above the median house price for the rest of the western region.
However, if you're looking for a more affordable option within the Hoppers Crossing real estate market, you can opt for apartments or units. The median price for an apartment is $340,000, while a unit is $405,000, making it an excellent entry point for first-time investors or homebuyers.
The Hoppers Crossing real estate market is currently experiencing a seller's market, with high demand and a low supply of properties for sale. This has resulted in an increase in property prices. However, this trend is expected to balance out in the future, as more homeowners look to sell their properties in the suburb.
Rental Market
The Hoppers Crossing real estate market is not just thriving for homebuyers but also for those looking to invest in the rental market. Hoppers Crossing has a high rental demand, with a vacancy rate of 1.1%, making it one of the most sought-after locations for tenants.
The median rental price for houses in Hoppers Crossing is currently sitting at $400 per week, while units and apartments command a rental price of $340 per week. It's worth noting that these rental prices are subjected to change depending on the property's location, size, and facilities available.
Investors who want to invest in the Hoppers Crossing rental market can experience a high return on investment, with rental yields sitting between 3.5% to 4%. With more people looking to rent, investing in the Hoppers Crossing real estate market's rental market is a wise decision.
Final Thoughts
If you're in the market for buying or investing in real estate, Hoppers Crossing should be on your radar. With its fantastic amenities, low crime rates, a bustling community, and affordable housing options, it's no wonder why the demand for Hoppers Crossing real estate is continually increasing.
While the Hoppers Crossing real estate market is currently experiencing a seller's market, it's essential to keep a lookout and stay informed of the market's changing trends. With the current property price trends, investing in Hoppers Crossing real estate could be a wise and profitable decision.
Hoppers Crossing Real Estate Agents and Agencies
If you're planning to buy or sell a property in Hoppers Crossing, Victoria, it's crucial to partner with a reliable real estate agent or agency that can help you navigate the ever-changing market landscape. In this article, we'll provide information on some of the most reputable real estate agents and agencies in Hoppers Crossing.
Barry Plant Real Estate
Barry Plant is a family-run real estate business that has been operating for over 40 years, with a proven track record of achieving exceptional results for their clients. The Hoppers Crossing branch is staffed by experienced, knowledgeable agents who are committed to delivering high-quality service and advice to their clients.
They offer a range of services, including property management, property sales, auctions, and more. The team at Barry Plant Hoppers Crossing has a deep understanding of the local property market and can provide expert guidance to clients looking to buy, sell, or rent a property.
Greg Hocking Elly Partners
Greg Hocking Elly Partners is a well-established real estate agency with a reputation for delivering excellent results for their clients. Their team of agents in Hoppers Crossing has extensive knowledge of the local property market, and they have access to cutting-edge technology that allows them to market properties effectively.
They offer a wide range of services, including property management, property sales, property appraisals, and more. Whether you're buying, selling or renting a property, Greg Hocking Elly Partners can provide you with comprehensive guidance and support throughout the process.
Stockdale & Leggo
Stockdale & Leggo is a real estate agency with a strong presence in Victoria, with multiple branches throughout the state. Their Hoppers Crossing branch is staffed by experienced agents who have a deep understanding of the local property market.
They offer a range of services, including property management, property sales, property appraisals, and more. The team at Stockdale & Leggo Hoppers Crossing is dedicated to delivering excellent service and value to their clients. They take the time to understand their clients' needs and requirements, allowing them to provide personalized solutions.
Overall, there are many reputable real estate agents and agencies operating in Hoppers Crossing. By partnering with a reliable, experienced agent or agency, you can make the buying or selling process much smoother and efficient.
Top Hoppers Crossing Real Estate Listings
Hoppers Crossing is a suburb located in the city of Wyndham, Victoria, Australia, which is known for its family-friendly environment, suitable for raising kids, and its bustling commercial atmosphere. The suburb features a range of residential listings and is one of the fastest-growing regions in Victoria. The top Hoppers Crossing real estate listings cater to different tastes and budgets, and they are listed below:
1. The Grange
The Grange is a luxurious residential development located in the heart of Hoppers Crossing. The Grange's real estate listings provide buyers with stylish homes, which feature modern designs, quality finishes and fittings. The development boasts a range of apartment and townhouse listings, with prices ranging between $500,000 to $800,000. The Grange's real estate listings are perfect for those who are looking for quality homes and luxurious features in a peaceful and serene environment.
2. Cambridge Estate
Cambridge Estate is another premier residential development and is located in one of the most sought-after locations in Hoppers Crossing, right beside the Werribee River. The estate offers buyers a range of house and land listings, providing them with the opportunity to build their dream homes. Cambridge Estate's real estate listings offer buyers exceptional value for money, with prices ranging from $400,000 to $700,000.
3. Bellbridge Estate
Bellbridge Estate is one of the most sought-after residential developments in Hoppers Crossing. It features a range of houses and land listings, providing buyers with numerous options that cater to different budgets and lifestyles. Bellbridge Estate's real estate listings have a nice community vibe, offering buyers the chance to enjoy the peaceful suburban lifestyle while also having access to a range of amenities, including shopping centres, schools and transportation. The development's real estate listings come with prices ranging from $400,000 to $600,000.
4. Harpley Estate
Harpley Estate is one of the most unique residential developments in the region. The estate offers a range of house and land listings that are perfect for those looking for eco-friendly homes. Harpley Estate's real estate listings promote green living, with homes that feature solar panels and water-efficient appliances. The development also features lakeside homes, providing buyers with stunning views of the water. Harpley Estate's real estate listings come with prices ranging from $450,000 to $700,000.
In conclusion, Hoppers Crossing's real estate listings are diverse, offering buyers a range of residential communities that cater to different budgets and lifestyles. Whether you're in the market for something affordable or looking for a luxurious lifestyle, the Hoppers Crossing real estate listings have something for everyone.