Suburb Profile Report for Hamilton Hill WA (6163)

Hamilton Hill House: Median price $485,000, Annual capital growth 1.72%, Number of sales 174, Weekly median advertised rent $375

Hamilton Hill Unit: Median price $370,000, Annual capital growth 3.98%, Number of sales 44, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Hamilton Hill has had a very poor year for property investment returns compared to the rest of WA, giving investors a capital gain of -10.19% to date .

If we look at median property appreciation over just the last three months, Hamilton Hill has given property investors a paper return of -1.72%. This puts Suburb as 258 on a list of fastest fasting appreciating suburbs in WA

Our latest figures would indicate that property sellers in Hamilton Hill are currently offering property investors an average price cut of -7.80% below the asking price at the moment.

Renters in Suburb are facing rents around $4500 per annum or $375 every week.

Property value increases in Hamilton Hill have tracked higher than the WA average of -2.78% over the last 12 months.

Across a shorter period, Hamilton Hill, 6163 has seen a median price increase of 2.07% over the last quarter.

The most recent median price for Hamilton Hill is $370000, with sellers offering an average of -7.27% off the asking price.

On average over the past year, suburb has had 3.67 sales per month, which equates to 44 per year.

With the median price for a house in Hamilton Hill being $370000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.22%

HOUSE UNIT
$485,000 $370,000
-1.72% 2.07%
-10.19% 9.47%
1.72% 3.98%
$375 $300
174 44
4.02% 4.22%
86.34 141.02

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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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
Chart Table
Recent sales & rentals