Hamilton has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.09% to date .
Hamilton,4007 was ranked 3962 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Hamilton are currently offering property investors an average price cut of -8.42% below the asking price at the moment.
Often selling an investment property can take time, and in Hamilton the average time real estate has been on the market is 111.54 days.
The QLD suburb of Hamilton, 4007 is in the Brisbane local government area.
QLD has seen average median house prices change by 0.15% which means that Hamilton, 4007 has done well for property investors by showing a capital gain of -10.59% over the last year
Hamilton,4007 has offered an average of -10.59% return per annum in house price rises to property investors over the last three years.
Hamilton4007 is located in QLD which offers an average discount of -6.00% to property investors. Hamilton itself is showing figures that indicate -7.13% is the average achievable by property buyers investing in the suburb.
Situated 5.08km from the CBD, Hamilton is one of Brisbane localities in the postcode 4007.
The suburb of Hamilton sits on the north bank of the Brisbane River just 7km from the Brisbane CBD. Its stock of apartments increased considerably over the past 12 months, reflecting the recent trend of property construction towards units.Full summary
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Apartment supply slows down wharf suburb
Median unit price: $550,000
Stock on market: 29.9%
12-month growth: -2.31%
The suburb of Hamilton sits on the north bank of the Brisbane River just 7km from the Brisbane CBD. Its stock of apartments increased considerably over the past 12 months, reflecting the recent trend of property construction towards units.
However, the added supply has affected demand, causing unit value to dip slightly and disrupting the positive growth that had been observed in the previous five years. The new downward trend seems to be continuing into the February 2017 quarter.
Nonetheless, Hamilton’s many developments may be able to get the suburb back on track. Portside Wharf is a lively precinct with restaurants, entertainment venues, shopping hubs and nightlife. Units have also been established here. Moreover, buses can get commuters to Brisbane in just 15 minutes.