Suburb Profile Report for Hamlyn Heights VIC (3215)

Hamlyn Heights House: Median price $507,500, Annual capital growth 7.30%, Number of sales 127, Weekly median advertised rent $355

Hamlyn Heights Unit: Median price $360,000, Annual capital growth 4.13%, Number of sales 27, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Hamlyn Heights is in the TOP 30% in VIC when comparing median price capital growth over the last year. Hamlyn Heights gave property investors a good capital gain figure when compared to the rest of the state, with 17.95%.

The five-year average increase in median property values for Hamlyn Heights,3215 has given property investors a potential capital gain of 49.26% across each of those five years.

Our latest figures would indicate that property sellers in Hamlyn Heights are currently offering property investors an average price cut of -5.63% below the asking price at the moment.

If you compare the increase in value of investment property in Hamlyn Heights, 3215 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 9.76%.

Hamlyn Heights,3215 has offered an average of 9.76% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Hamlyn Heights should be aiming for at least -4.39% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Hamlyn Heights have been waiting around 79.08 days to sell a property.

Situated 63.05km from the CBD, Hamlyn Heights is one of Greater Geelong localities in the postcode 3215.

Metrics i HOUSE UNIT
$507,500 $360,000
1.50% N/A
17.95% 9.76%
7.30% 4.13%
$355 $300
127 27
3.64% 4.33%
46.54 79.08

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 6074
Median household income ($/weekly) 1026
Median age of persons 40
Median housing loan repayment ($/monthly) 1473
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 681 11.2
    25-34 years 753 12.4
    35-44 years 846 13.9
    45-54 years 817 13.4
    55-64 years 647 10.7
    Others 2331 38.4
    Age Group
    Census Count Percent(%)
    Registered Married 2129 46.7
    Not Married 1998 43.8
    Defacto Relationship 431 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4770 83.2
    Greece 67 1.2
    Japan 91 1.6
    United Kingdom 194 3.4
    Other 180 3.1
    Others 433 7.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 48 0.9
    Christianity 4204 76.0
    Islam 36 0.7
    Other Religious Groups 23 0.4
    No Religion 1201 21.7
    Others 17 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 289 13.2
    $600-$799 230 10.5
    $800-$999 218 10.0
    $1,000-$1,249 209 9.6
    $1,500-$1,999 243 11.1
    Others 995 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1755 36.9
    Employed, worked full-time 1729 36.3
    Employed, worked part-time 928 19.5
    Employed, away from work 194 4.1
    Unemployed, looking for work 155 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 519 18.2
    Technicians & trades workers 471 16.5
    Community & personal service workers 334 11.7
    Clerical & administrative workers 403 14.2
    Sales 301 10.6
    Others 818 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 104 7.8
    Infants/Primary 439 33.1
    Secondary 372 28.1
    Technical or Further Educational Institution 145 10.9
    University or other Tertiary Institutions 219 16.5
    Others 47 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5237 92.7
    Semi-detached, row or terrace house, townhouse 220 3.9
    Flat, unit or apartment 195 3.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 996 42.7
    Being purchased 783 33.5
    Rented 545 23.4
    Other tenure type 10 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals