Suburb Profile Report for Hamilton QLD (4007)

Hamilton House: Median price $1,375,000, Annual capital growth 4.28%, Number of sales 65, Weekly median advertised rent $588

Hamilton Unit: Median price $490,000, Annual capital growth 0.25%, Number of sales 181, Weekly median advertised rent $415

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert 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 16.53%

Hamilton,4007 has offered an average of 16.53% return per annum in house price rises to property investors over the last three years.

Hamilton4007 is located in QLD which offers an average discount of -6.63% to property investors. Hamilton itself is showing figures that indicate -9.02% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $587.5 mark per week – giving a return of 2.22% based on the median price in Suburb

If you compare the increase in value of investment property in Hamilton, 4007 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was -10.91%.

While Hamilton,4007 ranked number 331th in QLD for increase in median house value (annualised) increase, it is ranked 259th over the last 5 years.

Property investors looking for a bargain in Hamilton should be aiming for at least -7.39% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 15.08 sales per month, which equates to 181 per year.

Renters in Suburb are facing rents around $4980 per annum or $415 every week.

Information supplied by:


May 2017

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The suburb of Hamilton sits on the north bank of the Brisbane River just 7km from the Brisbane CBD. Its stock of apartments increased considerably over the past 12 months, reflecting the recent trend of property construction towards units.Full summary

Apartment supply slows down wharf suburb 

Median unit price: $550,000

Stock on market: 29.9%

12-month growth: -2.31%

The suburb of Hamilton sits on the north bank of the Brisbane River just 7km from the Brisbane CBD. Its stock of apartments increased considerably over the past 12 months, reflecting the recent trend of property construction towards units.

However, the added supply has affected demand, causing unit value to dip slightly and disrupting the positive growth that had been observed in the previous five years. The new downward trend seems to be continuing into the February 2017 quarter.

Nonetheless, Hamilton’s many developments may be able to get the suburb back on track. Portside Wharf is a lively precinct with restaurants, entertainment venues, shopping hubs and nightlife. Units have also been established here. Moreover, buses can get commuters to Brisbane in just 15 minutes.


 Close
Metrics i HOUSE UNIT
$1,375,000 $490,000
5.77% -6.13%
16.53% -10.91%
4.28% 0.25%
$588 $415
65 181
2.22% 4.40%
79.02 107.44

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 4720
Median household income ($/weekly) 1894
Median age of persons 39
Median housing loan repayment ($/monthly) 2600
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 436 9.2
    25-34 years 780 16.5
    35-44 years 681 14.4
    45-54 years 670 14.2
    55-64 years 644 13.6
    Others 1509 32.0
    Age Group
    Census Count Percent(%)
    Not Married 1690 47.1
    Registered Married 1491 41.6
    Defacto Relationship 407 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3329 75.2
    Indonesia 67 1.5
    Papua New Guinea 209 4.7
    United Kingdom 192 4.3
    Other 164 3.7
    Others 465 10.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 67 1.6
    Christianity 3098 72.9
    Hinduism 51 1.2
    Other Religious Groups 36 0.8
    No Religion 966 22.7
    Others 33 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 138 7.8
    $1,500-$1,999 182 10.3
    $2,000-$2,499 159 9.0
    $2,500-$2,999 310 17.6
    $4,000 or more 167 9.5
    Others 809 45.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1921 50.1
    Not in the labour force 979 25.5
    Employed, worked part-time 712 18.6
    Employed, away from work 112 2.9
    Unemployed, looking for work 110 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 536 19.6
    Professionals 815 29.8
    Technicians & trades workers 242 8.8
    Clerical & administrative workers 443 16.2
    Sales 248 9.1
    Others 455 16.6
    Occupation
    Census Count Percent(%)
    Pre-school 41 4.1
    Infants/Primary 307 30.9
    Secondary 197 19.9
    Technical or Further Educational Institution 86 8.7
    University or other Tertiary Institutions 334 33.7
    Others 27 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2425 56.7
    Flat, unit or apartment 1645 38.4
    Semi-detached, row or terrace house, townhouse 210 4.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 852 44.8
    Fully owned 551 29.0
    Being purchased 493 25.9
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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