Freshwater Creek vs Hampton
Property investment comparison - Freshwater Creek, VIC 3217 vs Hampton, VIC 3188
Head-to-head across core investment metrics: Freshwater Creek wins 1, Hampton wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Freshwater Creek | Hampton |
|---|---|---|
| Median house price | $2.5M | $2.5M |
| Median unit price | $820K | $1.2M |
| Gross rental yield (houses) | - | 2.76% |
| Gross rental yield (units) | 2.37% | - |
| 1-year house growth | - | +0.1%estimate |
| 3-year house growth | - | - |
| Vacancy rate | 2.0% | 1.6% |
| Population | 454 | 13,518 |
Freshwater Creek vs Hampton: what the numbers say
The median house price is $2.5M in Freshwater Creek and $2.5M in Hampton, so Hampton is the cheaper entry point, with Freshwater Creek houses about 1% dearer.
For units, Freshwater Creek sits at a median of $820K against $1.2M in Hampton, which makes Freshwater Creek the more affordable unit market and Hampton the pricier one.
Rental vacancy is 1.6% in Hampton and 2.0% in Freshwater Creek, so landlords in Hampton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Hampton is the bigger suburb, with a population of 13,518 against 454, roughly 30 times the size of Freshwater Creek; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Hampton for a lower purchase price, Hampton for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
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Freshwater Creek, VIC 3217
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