Hamilton has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -1.22% to date .
Hamilton,3300 was ranked 3837 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.91% offered to property buyers. Sellers in Hamilton itself are offering an average vendor discount of -7.79% to real estate investors.
Residents and property investors in Hamilton have been waiting around 136.03 days to sell a property.
Hamilton, 3300’s gross rental yield is 6.42%
With a capital gain of -3.98% for the last 12 months, Hamilton, 3300 has performed for property investments than its average annual -2.58% property growth over the last 5 years.
Over the longer term, Hamilton has seen property prices show investors a 4.32% return over the last 3 years. This is worse than over the last 12 months
Hamilton is 40th on a list of best yielding suburbs for rents in VIC with a 5.52% return