Suburb Profile Report for Hamilton QLD (4007)

Hamilton House: Median price $1,320,000, Annual capital growth 2.70%, Number of sales 75, Weekly median advertised rent $525

Hamilton Unit: Median price $527,500, Annual capital growth 1.94%, Number of sales 211, Weekly median advertised rent $425

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

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.

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
$1,320,000 $527,500
20.00% -0.47%
10.00% -3.21%
2.70% 1.94%
$525 $425
75 211
2.07% 4.19%
95 104.8

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
Find a mortgage broker in Hamilton QLD
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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