Suburb Profile Report for Hamilton QLD (4007)

Hamilton House: Median price $1,550,000, Annual capital growth 5.44%, Number of sales 47, Weekly median advertised rent $700

Hamilton Unit: Median price $483,750, Annual capital growth 0.96%, Number of sales 114, Weekly median advertised rent $430

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
  • Unit Report

Property value increases in Hamilton have tracked higher than the QLD average of 0.14% over the last 12 months.

Comparing Hamilton,4007 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Hamilton, 4007’s gross rental yield is 2.35%

Hamilton is an average performer in QLD when comparing median price capital growth over the last year. Hamilton gave property investors a average capital gain figure when compared to the rest of the state, with -2.27%.

While Hamilton,4007 ranked number 174th in QLD for increase in median house value (annualised) increase, it is ranked 201th over the last 5 years.

Hamilton, 4007 is offering QLD ‘s 71th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this QLD.

Residents and property investors in Hamilton have been waiting around 92.9286 days to sell a property.

With the median price for a house in Hamilton being $483750 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 4.62%

Information supplied by:


May 2017

M
O

W
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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.


 
Metrics i HOUSE UNIT
$1,550,000 $483,750
0.65% -0.26%
14.81% -2.27%
5.44% 0.96%
$700 $430
47 114
2.35% 4.62%
110.928571428571 92.9285714285714

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Poor (H), Below average (U)
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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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