Hamilton is in the TOP 20% in QLD when comparing median price capital growth over the last year. Hamilton gave property investors a very good capital gain figure when compared to the rest of the state, with 10.00%.
While Hamilton,4007 ranked number 5th in QLD for increase in median house value (annualised) increase, it is ranked 368th over the last 5 years.
At number 149th of QLD’s most discounted properties, Hamilton is in the bottom 20% of the state/territory when listing in order of most discounted to least.
A $525 per week rent on the median house gives suburb investors a gross yield of circa 2.07%, without taking into account capital value appreciation, which has been averaging out at 2.70%.
Hamilton, 4007 ranked 254th in QLD when comparing growth in median property values or capital gain over the last 12 months. Hamilton is one of 2415 in our list for QLD
While Hamilton,4007 ranked number 218th in QLD for increase in median house value (annualised) increase, it is ranked 172th over the last 5 years.
Property buyers and investors in Hamilton 4007 should be seeing an average reduction in asking price of around -7.06% . This means that Hamilton is holding prices well when compared to other suburbs in QLD.
Renters in Suburb are facing rents around $5100 per annum or $425 every week.
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
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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.