Suburb Profile Report for Hamilton VIC (3300)

Hamilton House: Median price $202,500, Annual capital growth 0.68%, Number of sales 160, Weekly median advertised rent $250

Hamilton Unit: Median price $193,000, Annual capital growth -2.58%, Number of sales 11, Weekly median advertised rent $205

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

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

Metrics i HOUSE UNIT
$202,500 $193,000
-5.81% -1.03%
-1.22% -3.98%
0.68% -2.58%
$250 $205
160 11
6.42% 5.52%
136.03 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
Find a mortgage broker in Hamilton VIC
Demographics
Total population 10103
Median household income ($/weekly) 904
Median age of persons 43
Median housing loan repayment ($/monthly) 1124
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1243 12.3
    25-34 years 1021 10.1
    35-44 years 1115 11.0
    45-54 years 1369 13.5
    55-64 years 1367 13.5
    Others 3989 39.5
    Age Group
    Census Count Percent(%)
    Registered Married 3755 50.8
    Not Married 3017 40.8
    Defacto Relationship 618 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 8914 92.1
    New Zealand 51 0.5
    Papua New Guinea 130 1.3
    United Kingdom 255 2.6
    Other 88 0.9
    Others 240 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.3
    Christianity 6939 74.9
    Hinduism 17 0.2
    Other Religious Groups 19 0.2
    No Religion 2234 24.1
    Others 20 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 390 10.5
    $400-$599 525 14.1
    $600-$799 477 12.8
    $800-$999 404 10.9
    $1,500-$1,999 443 11.9
    Others 1484 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3136 39.2
    Employed, worked full-time 2714 34.0
    Employed, worked part-time 1617 20.2
    Employed, away from work 317 4.0
    Unemployed, looking for work 208 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 594 12.8
    Professionals 780 16.8
    Technicians & trades workers 798 17.2
    Clerical & administrative workers 585 12.6
    Labourers 538 11.6
    Others 1354 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 163 7.6
    Infants/Primary 769 35.7
    Secondary 776 36.1
    Technical or Further Educational Institution 225 10.5
    University or other Tertiary Institutions 152 7.1
    Others 67 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8718 93.9
    Semi-detached, row or terrace house, townhouse 107 1.2
    Flat, unit or apartment 389 4.2
    Caravan, cabin, houseboat 25 0.3
    House or flat attached to a shop, office 34 0.4
    Others 13 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1755 43.8
    Being purchased 1183 29.6
    Rented 1036 25.9
    Other tenure type 29 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals