Suburb Profile Report for Hamilton Hill WA (6163)

Hamilton Hill House: Median price $475,000, Annual capital growth 0.59%, Number of sales 200, Weekly median advertised rent $350

Hamilton Hill Unit: Median price $350,000, Annual capital growth 2.07%, Number of sales 49, Weekly median advertised rent $290

  • 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 Hill, 6163 should be unhappy with this WA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -4.04%

Across a shorter period, Hamilton Hill, 6163 has seen a median price increase of -1.04% over the last quarter.

State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.15% offered to property buyers. Sellers in Hamilton Hill itself are offering an average vendor discount of -7.67% to real estate investors.

On average over the past year, suburb has had 16.67 sales per month, which equates to 200 per year.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Investment property in Hamilton Hill has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.15%

Taking the average capital gain, or increase in median house value, Hamilton Hill,6163 has racked up an average of -5.15% over the period. This ranks it number 1530th in the whole country for real estate investors looking at median house price increases.

Hamilton Hill, 6163 is offering WA ‘s 92th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this WA.

With the median price for a house in Hamilton Hill being $350000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.31%

Metrics i HOUSE UNIT
$475,000 $350,000
-1.04% -3.31%
-4.04% -5.15%
0.59% 2.07%
$350 $290
200 49
3.83% 4.31%
88.63 127.92

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 9855
Median household income ($/weekly) 977
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1033 10.5
    25-34 years 1411 14.3
    35-44 years 1531 15.5
    45-54 years 1258 12.8
    55-64 years 1145 11.6
    Others 3478 35.3
    Age Group
    Census Count Percent(%)
    Not Married 3594 49.2
    Registered Married 2855 39.1
    Defacto Relationship 853 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5767 62.5
    Japan 506 5.5
    Papua New Guinea 324 3.5
    United Kingdom 799 8.7
    Other 715 7.8
    Others 1114 12.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 187 2.1
    Christianity 5783 66.0
    Islam 113 1.3
    Other Religious Groups 73 0.8
    No Religion 2537 28.9
    Others 75 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 354 9.9
    $400-$599 492 13.8
    $600-$799 381 10.7
    $1,000-$1,249 304 8.5
    $1,500-$1,999 406 11.4
    Others 1621 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2833 37.4
    Employed, worked full-time 2689 35.5
    Employed, worked part-time 1427 18.8
    Employed, away from work 342 4.5
    Unemployed, looking for work 290 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 924 20.7
    Technicians & trades workers 766 17.2
    Community & personal service workers 473 10.6
    Clerical & administrative workers 538 12.1
    Labourers 568 12.7
    Others 1194 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 137 7.3
    Infants/Primary 675 36.1
    Secondary 374 20.0
    Technical or Further Educational Institution 249 13.3
    University or other Tertiary Institutions 380 20.3
    Others 57 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6966 77.0
    Semi-detached, row or terrace house, townhouse 1531 16.9
    Flat, unit or apartment 550 6.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1475 37.6
    Fully owned 1233 31.4
    Being purchased 1197 30.5
    Other tenure type 18 0.5
    Tenure Type
Census 2011, ABS
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