QLD has seen average median house prices change by 2.45% which means that Hamilton, 4007 has done well for property investors by showing a capital gain of -5.26% over the last year
A 12.97% growth in median value for property investors in Hamilton,4007 puts this suburb at number 825th in terms of best performing suburbs in QLD
Hamilton, 4007 is offering QLD ‘s 161th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this QLD.
At number 3009 in a list of fastest selling suburbs, Hamilton is in the bottom 30% of suburbs in Australia with an average of days on market 108.19 for properties listed there.
Property investors should expect to get $525 weekly from the median priced house in this suburb.
If you compare the increase in value of investment property in Hamilton, 4007 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -3.95%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hamilton has increased when compared to the 5 year average annual rate.
Property buyers and investors in Hamilton 4007 should be seeing an average reduction in asking price of around -6.67% . This means that Hamilton is holding prices well when compared to other suburbs in QLD.
In the last year 188 properties changed hands in Hamilton, which puts it as the 37th most active market in QLD when comparing the number of sales per suburb.
Advertised rents are around the $420 mark per week – giving a return of 3.99% based on the median price in Suburb
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.