If you compare the increase in value of investment property in Hamilton, 3300 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 12.50%.
Hamilton,3300 was ranked 1816 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Hamilton is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 83th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 11.50 sales per month, which equates to 138 per year.
Advertised rents are around the $240 mark per week – giving a return of 5.55% based on the median price in Suburb
Hamilton is in the bottom 10% in VIC when comparing median price capital growth over the last year. Hamilton gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.67%.
Hamilton,3300 was ranked 837 in Australia by increase in median property value over the quarter.
Situated 258.50km from the CBD, Hamilton is one of Southern Grampians localities in the postcode 3300.