Suburb Profile Report for Hamilton VIC (3300)

Hamilton House: Median price $218,500, Annual capital growth 1.45%, Number of sales 139, Weekly median advertised rent $250

Hamilton Unit: Median price $194,000, Annual capital growth -5.90%, Number of sales 14, Weekly median advertised rent $190

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Hamilton has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 15.30%

Taking the average capital gain, or increase in median house value, Hamilton,3300 has racked up an average of 15.30% over the period. This ranks it number 2599th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hamilton, 3300. Typically our figures indicate that -8.23% is being offered, which puts this VIC suburb at 694th most discounted overall in Australia.

Often selling an investment property can take time, and in Hamilton the average time real estate has been on the market is 130.39 days.

A $250 per week rent on the median house gives suburb investors a gross yield of circa 5.95%, without taking into account capital value appreciation, which has been averaging out at 1.45%.

Hamilton, 3300 ranked 365th in VIC when comparing growth in median property values or capital gain over the last 12 months. Hamilton is one of 2098 in our list for VIC

A $190 per week rent on the median house gives suburb investors a gross yield of circa 5.09%, without taking into account capital value appreciation, which has been averaging out at -5.90%.

HOUSE UNIT
$218,500 $194,000
1.63% N/A
15.30% -15.47%
1.45% -5.90%
$250 $190
139 14
5.95% 5.09%
130.39 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
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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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