Ocean House in the Melbourne coastal suburb of Hampton is ticking boxes for right-sizers seeking a laid-back lifestyle that doesn’t compromise on luxury.
Melbourne’s bayside suburbs have long been synonymous with prestige, offering a blend of coastal charm and urban convenience.
Brighton, Sandringham, and Hampton are a few of the most renowned where discerning buyers, especially those aged 55 and over, can find a tranquil lifestyle alongside the water while still being able to tap into the hustle and bustle of city life.
Ocean House offers right-sizers a relaxed lifestyle without sacrificing luxury.
As more homeowners seek to right-size—transitioning from large family homes to sophisticated and spacious apartments—developments like Ocean House are meeting this growing demand with an offering of 18 architecturally-designed residences by Martin Friedrich Architects, in the heart of Hampton.
“[Hampton] is such a beautiful suburb; sun-kissed beaches, a real active yet also laid-back bayside lifestyle,” explained Tim Campbell, Co-Director of Carpe Group.
“When I first came to Melbourne, I think it was a bit of a secret, but now, it's really come into its own and many people have discovered how beautiful and how liveable it is.
“You’ve got the best of bayside living—a real distinct village feel—it’s vibrant with a really well-connected community.”
Market trends
Coastal suburbs such as Hampton are highly desirable among the over 55s who want the best of both worlds; a beach at the end of their street and a train line to take them straight into the CBD.
Suburbs like Hampton are sought after for offering both beach access and easy commutes to the CBD.
PropTrack data shows that demand for property within the suburb is strong, with a house only lasting on the market for 49 days and a unit 44 days before being snapped up.
Home prices also continue to grow, with the median house price increasing by 4.3% over the last 12 months to $2.42m, and unit prices increasing by 3% over the past 12 months, boasting a median of $905,000.
Mr Campbell noted that many of the long-term residents of Hampton who previously lived in houses wish to stay in the neighbourhood but simply transition into a home that is more manageable.
“Hampton is a hidden gem that has gained recognition for its balance of beachside tranquillity and vibrant village atmosphere,” explained Mr Campbell.
“Many long-term residents love the area and want to stay, but they’re seeking a more practical living arrangement that doesn’t compromise on luxury.”
Community insights
The appeal of downsizing extends beyond convenience—it’s about embracing a lifestyle that enhances well-being and social connectivity.
Hampton’s community-driven atmosphere brings its locals together with boutique cafés, scenic coastal trails, and well-maintained parks, fostering an active and engaged lifestyle for its residents.
With prices from $1,800,000, Ocean House offers architecturally designed homes in a prime Melbourne coastal location.
“Many of our buyers are locals and want to stay close to friends and family.
“Living at Ocean House allows them to do so with residences that offer expansive terraces, high-end finishes, and a seamless connection to the outdoors, which aligns with the relaxed, sophisticated lifestyle they enjoy,” explained Mr Campbell.
Expert perspectives
The demand for right-sizing comes from the demographic of buyers who are seeking smaller and more manageable abodes.
They could be empty nesters or individuals who find the maintenance of a freestanding house too taxing.
“The beauty of right-sizing is that it provides flexibility,” Mr Campbell said.
“Residents can lock up and travel without concern, enjoy high-end appliances and finishes, and make the most of their surrounding environment.
“It’s about ensuring their home supports their lifestyle, rather than the other way around.”
With pricing starting at $1,800,000 for two-bedroom residences and penthouses available from $3,450,000, Ocean House represents a rare opportunity to invest in an architecturally designed, future-proof home in one of Melbourne’s most desirable coastal locations.
English (US) · 