Suburb Profile Report for Hamlyn Heights VIC (3215)

Hamlyn Heights House: Median price $600,000, Annual capital growth 5.84%, Number of sales 151, Weekly median advertised rent $383

Hamlyn Heights Unit: Median price $512,000, Annual capital growth 7.21%, Number of sales 32, Weekly median advertised rent $350

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

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Hamlyn Heights, 3215 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.09%

Hamlyn Heights,3215 was ranked 1201 in Australia by increase in median property value over the quarter.

The most recent median price for Hamlyn Heights is $600000, with sellers offering an average of -3.67% off the asking price.

On average over the past year, suburb has had 12.58 sales per month, which equates to 151 per year.

The VIC suburb of Hamlyn Heights, 3215 is in the Greater Geelong (C) local government area.

At number 490th in the list of Australian suburbs ordered by increase in median house value over the last year, Hamlyn Heights, 3215 is in the top 30% with a property value increase of 10.58% recorded in median house prices.

Comparing Hamlyn Heights,3215 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Advertised rents are around the $350 mark per week – giving a return of 3.55% based on the median price in Suburb

Metrics i HOUSE UNIT
$600,000 $512,000
6.19% 1.39%
9.09% 10.58%
5.84% 7.21%
$383 $350
151 32
3.32% 3.55%
49.8941176470588 51.8260869565217

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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
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