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%