Suburb Profile Report for Hamilton QLD (4007)

Hamilton House: Median price $1,200,000, Annual capital growth 5.16%, Number of sales 62, Weekly median advertised rent $580

Hamilton Unit: Median price $573,500, Annual capital growth 5.67%, Number of sales 198, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Hamilton has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -15.19% to date .

A 6.19% growth in median value for property investors in Hamilton,4007 puts this suburb at number 72th in terms of best performing suburbs in QLD

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.32% offered to property buyers. Sellers in Hamilton itself are offering an average vendor discount of -8.80% to real estate investors.

Hamilton, 4007’s gross rental yield is 2.51%

Property value increases in Hamilton have tracked close to the QLD average of 0.77% over the last 12 months.

Taking the average capital gain, or increase in median house value, Hamilton,4007 has racked up an average of 1.50% over the period. This ranks it number 993th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Hamilton are currently offering property investors an average price cut of -6.68% below the asking price at the moment.

At number 1032 in a list of fastest selling suburbs, Hamilton is in the bottom 40% of suburbs in Australia with an average of days on market 92.13 for properties listed there.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.81%, without taking into account capital value appreciation, which has been averaging out at 5.67%.

Nicole Tam Information supplied by:

Nicole Tam
Ironfish

M 07 3166 0888
O

W www.ironfish.com.au
E brisbane@ironfish.com.au
The most recent median price for Hamilton is $1400000, with sellers offering an average of -15.63% off the asking price.

On average over the past year, suburb has had 3.42 sales per month, which equates to 41 per year.

Situated 4.73km from the CBD, Hamilton is one of Brisbane localities in the postcode 4007.Full summary
The most recent median price for Hamilton is $1400000, with sellers offering an average of -15.63% off the asking price.
 
On average over the past year, suburb has had 3.42 sales per month, which equates to 41 per year.
 
Situated 4.73km from the CBD, Hamilton is one of Brisbane localities in the postcode 4007.
 
Selling points:
  • Location (close to CBD: 5km)
  • Vacancy rate 2.9%1 (March 2013)
  • Rental returns 5.67%2 (Units last 12 months)
  • Median rent $460 per week3 (Units last quarter)
  • Increasing population growth
  • Employment growth
  • Strong demand
  • Prestige inner-northern riverfront suburb – midway between Brisbane’s two biggest employment hubs – CBD and Trade Coast
 
Most sought-after properties:  around 55% of the dwelling property type is Apartments, 45% is Houses
 
Most common properties:  Apartments & Houses
 
Top amenities:  30 restaurants, cafes & retail outlets in walking distance, Eagle Farm Farmers Market, Doomben Train Station, Royal Queensland Golf Course, Racecourse Road shopping and dining precinct, Dendy 5 cinema entertainment complex, Bretts Wharf and Hamilton Northshore CityCat terminals, Clayfield College
 
Recent changes: Emerging Urban Renewal Area along Hamilton’s riverfront – planned to create a vibrant community for approximately 15,000 workers and 15,000 residents.
 
Public transport: Multiple bus routes, Doomben train station, CityCat ferry service
 
Main arteries:  Well established transport infrastructure with direct access to rail (Doomben station); access to Gateway Motorway to north &south of the river; and CityCat water ferry services.
Close
HOUSE UNIT
$1,200,000 $573,500
5.73% -0.69%
-15.19% 1.50%
5.16% 5.67%
$580 $420
62 198
2.51% 3.81%
110.78 92.13

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
Find a mortgage broker in Hamilton QLD
Demographics
Total population 4720
Median household income ($/weekly) 1894
Median age of persons 39
Median housing loan repayment ($/monthly) 2600
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 436 9.2
    25-34 years 780 16.5
    35-44 years 681 14.4
    45-54 years 670 14.2
    55-64 years 644 13.6
    Others 1509 32.0
    Age Group
    Census Count Percent(%)
    Not Married 1690 47.1
    Registered Married 1491 41.6
    Defacto Relationship 407 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3329 75.2
    Indonesia 67 1.5
    Papua New Guinea 209 4.7
    United Kingdom 192 4.3
    Other 164 3.7
    Others 465 10.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 67 1.6
    Christianity 3098 72.9
    Hinduism 51 1.2
    Other Religious Groups 36 0.8
    No Religion 966 22.7
    Others 33 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 138 7.8
    $1,500-$1,999 182 10.3
    $2,000-$2,499 159 9.0
    $2,500-$2,999 310 17.6
    $4,000 or more 167 9.5
    Others 809 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1921 50.1
    Not in the labour force 979 25.5
    Employed, worked part-time 712 18.6
    Employed, away from work 112 2.9
    Unemployed, looking for work 110 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 536 19.6
    Professionals 815 29.8
    Technicians & trades workers 242 8.8
    Clerical & administrative workers 443 16.2
    Sales 248 9.1
    Others 455 16.6
    Occupation
    Census Count Percent(%)
    Pre-school 41 4.1
    Infants/Primary 307 30.9
    Secondary 197 19.9
    Technical or Further Educational Institution 86 8.7
    University or other Tertiary Institutions 334 33.7
    Others 27 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2425 56.7
    Flat, unit or apartment 1645 38.4
    Semi-detached, row or terrace house, townhouse 210 4.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 852 44.8
    Fully owned 551 29.0
    Being purchased 493 25.9
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals