QLD has seen average median house prices change by 12.16% which means that Hamilton, 4007 has done well for property investors by showing a capital gain of 25.96% over the last year
While Hamilton,4007 ranked number 29th in QLD for increase in median house value (annualised) increase, it is ranked 21th over the last 5 years.
Hamilton4007 is located in QLD which offers an average discount of -4.90% to property investors. Hamilton itself is showing figures that indicate -4.36% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Hamilton have been waiting around 76.8833 days to sell a property.
Renters in Suburb are facing rents around $39000 per annum or $750 every week.
Property investors who have had real estate in Hamilton, 4007 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.31%
If we look at median property appreciation over just the last three months, Hamilton has given property investors a paper return of 9.09%. This puts Suburb as 32 on a list of fastest fasting appreciating suburbs in QLD
Hamilton4007 is located in QLD which offers an average discount of -4.64% to property investors. Hamilton itself is showing figures that indicate -4.62% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $415 mark per week – giving a return of 4.23% based on the median price in Suburb
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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.