Named after Stephen Hopper, one of the area’s notable residents, Hopper’s Crossing is a suburb in the Melbourne area southwest of the central business district. It is characterized by large block houses and newly built apartments, partnered with the local plaza and access to the beach. Most of the residents here are established couples and families, with the area being complete with its own basic necessities and with property and rental prices much more affordable in the suburb compared to those around it. Its laid-back and quiet atmosphere gives it the edge over all the other Melbourne real estate properties. Buying a house in Hopper’s Crossing can give budding families a chance to acquire first homes, and cash-rich buyers the opportunity to purchase a townhouse that is within budget.
Hopper’s Crossing Real Estate: By the Numbers
The median house price for a real estate property in Hopper’s Crossing is currently at $551,250 for a standard 3-bedroom house, while the bigger, more spacious 4-bedroom space might cost you somewhere just below $600,000. Compared to data from five years ago, the house median price has increased by 72.5%. Based on over 700 property rentals and over 600 sales, the rental yield for Victoria’s Hopper’s Crossing houses is 3.3%. Rent here will typically cost you $350 for a 3-bedroom unit, and just $400 for a 4-bedroom space.
Although a bit below Victoria’s 1,014 average property visits, Hopper’s Crossing is holding its own with a current record of 744 visits per property.
(Data from Realestate.com.au)
Why Choose Hopper’s Crossing
The area is an epitome of your usual suburban neighborhood. Great community ties, the colorful plaza, and general atmosphere of peace and quiet brings a much-needed tranquility, something that entices the older generation to move here and make a home. The public transport is decent, and all over the area one can find various sporting facilities. Day-to-day shopping is made easier by the large strip mall, and fun activities are sure to never end with all the entertainment provided by the establishments. Religious and grammar schools are also available in the area, along many notable primary and secondary schools and colleges like the Cambridge Primary School, the select-entry Suzanne Cory High School, and the Heathdale Christian College among others.
Other Popular Suburbs in Victoria
Other Regions in Australia
Other locations in Australia are equally as desirable as Victoria. Choose a region below to find out the best locations in the area. If you need information on the real estate buying process for foreigners in Australia, check our Foreign Investor's Guide.
Do you need help in finding the right property? Contact us and we'll assist you with your investment needs.