Hamilton has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 3.75% to date .
Across a shorter period, Hamilton, 3300 has seen a median price increase of -4.38% over the last quarter.
Our latest figures would indicate that property sellers in Hamilton are currently offering property investors an average price cut of -8.30% below the asking price at the moment.
In the last year 157 properties changed hands in Hamilton, which puts it as the 156th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $2880 per annum or $240 every week.
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 -12.75%.
Advertised rents are around the $200 mark per week – giving a return of 5.33% based on the median price in Suburb