Suburb Profile Report for Hamilton VIC (3300)

Hamilton House: Median price $192,500, Annual capital growth 0.30%, Number of sales 144, Weekly median advertised rent $240

Hamilton Unit: Median price $197,500, Annual capital growth -2.88%, Number of sales 11, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Hamilton, 3300 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.47%

If we look at median property appreciation over just the last three months, Hamilton has given property investors a paper return of -3.75%. This puts Suburb as 661 on a list of fastest fasting appreciating suburbs in VIC

Our latest figures would indicate that property sellers in Hamilton are currently offering property investors an average price cut of -8.34% below the asking price at the moment.

Often selling an investment property can take time, and in Hamilton the average time real estate has been on the market is 144.76 days.

Property investors should expect to get $240 weekly from the median priced house in this suburb.

Property investors who have had real estate in Hamilton, 3300 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.28%

Renters in Suburb are facing rents around $2640 per annum or $220 every week.

Metrics i HOUSE UNIT
$192,500 $197,500
-3.75% N/A
-10.47% 1.28%
0.30% -2.88%
$240 $220
144 11
6.48% 5.79%
144.76 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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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
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