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Suburb Insights · VIC 3029

Hoppers Crossing, VIC 3029 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Hoppers Crossing is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 37,216, making it a sizeable community. Located approximately 24 km from the Melbourne CBD, Hoppers Crossing is a middle ring area in Victoria. The median household income is $82,160 per year.

Investment Score

66 / 100 Good

Moderate income levels in Hoppers Crossing indicate steady rental demand from working households.

Location

Melbourne
Hoppers Crossing
Victoria · 3029
24 km from Melbourne CBD
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Key Indicators

Postcode
3029

Official Australia Post postcode for Hoppers Crossing. A postcode may cover multiple suburbs.

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Population
37,216

Usual resident population at the most recent census.

Median weekly rent
$340/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$82,160/yr

Annual median household income (before tax) across all households.

Distance to CBD
24 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
9

Estimated 9 schools within or near this suburb.

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Parks & green spaces
15

Estimated 15 parks and green spaces near this suburb.

Median monthly mortgage
$1,600/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
80% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Hoppers Crossing

Who Hoppers Crossing Suits

👨‍👩‍👧Families9 schools nearby, 80% separate houses.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Victoria median.
💼ProfessionalsLonger commute to the CBD.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the Victoria median, improving cash-flow margins.
  • Access to several schools nearby (around 9).
  • Local parks and reserves (around 15) add to liveability.
  • Solid transport links into employment hubs.

Cons

  • Traffic can build during peak hours, especially on arterial roads.
  • Prices may rise further as demand continues.

Investment Insight

With 37,216 residents, Hoppers Crossing is one of Victoria's more populous suburbs — roughly 5.0× the state median of 7,416 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Household income of $82,160/year is 14% below the Victoria median of $95,160, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median weekly rent of $340 equates to $1,473/month — about 92% of the median mortgage repayment of $1,600/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 24 km from Melbourne places Hoppers Crossing in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.

Investment Tip

This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 22% of household income — a useful sanity check on tenant affordability.

Hoppers Crossing vs Victoria Median

How Hoppers Crossing stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Hoppers Crossing sits above the state median; negative means below.

MetricHoppers CrossingVIC medianΔ vs state
Population37,2167,416+402%
Median household income$82,160/yr$95,160/yr-14%
Median rent (weekly)$340$380-11%
Median mortgage (monthly)$1,600$1,950-18%
Distance to CBD24 km32 km-25%
Separate houses80%78%+2pp

Investor Checklist

Pre-inspection briefing for Hoppers Crossing — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Hoppers Crossing's 37,216-person market and $82,160 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

Rental Yield

Strong rental coverage: $340/week (~$1,473/month) covers 92% of the $1,600/month median mortgage repayment, so the shortfall sits at just $127/month. Investors targeting positive cash flow should shortlist this suburb.

⚠️
Renovation / Flip

With 80% houses in a 37,216-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Hoppers Crossing property

Full Property Analysis

30-year projections for Hoppers Crossing

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Capital-growth expectations for Hoppers Crossing are modest for 2026 — incomes 14% below the VIC median of $95,160 suggest gains will lag headline metro markets. Rental coverage runs at ~92% of the typical mortgage ($1,473/month rent vs $1,600/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 66/100 places Hoppers Crossing in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.

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Frequently Asked Questions

Is Hoppers Crossing a good suburb for investment?

Hoppers Crossing scores 66/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 37,216, median household income of $82,160/year and median weekly rent of $340. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Hoppers Crossing?

The main demand drivers in Hoppers Crossing are proximity to Melbourne (24 km), a median household income of $82,160/year, a dwelling mix that is 80% separate houses, roughly 9 schools and 15 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Hoppers Crossing?

Hoppers Crossing has a usual resident population of approximately 37,216, compared with a Victoria suburb median of 7,416 — placing it in the upper half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Hoppers Crossing from the Melbourne CBD?

Hoppers Crossing sits 24 km straight-line from the Melbourne CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.

What is the median rent in Hoppers Crossing?

The most recent census recorded a median weekly rent of $340 in Hoppers Crossing, equating to approximately $17,680/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Hoppers Crossing?

The median monthly mortgage repayment in Hoppers Crossing is $1,600, or approximately $19,200/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Hoppers Crossing cash-flow positive for investors?

A median weekly rent of $340 works out to $1,473/month, covering 92% of the median mortgage repayment of $1,600/month. That leaves a $127/month shortfall (around $1,524/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Hoppers Crossing?

The main risks are interest-rate sensitivity on the $1,600 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Hoppers Crossing profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

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