Suburb Profile Report for Hamilton VIC (3300)

Hamilton House: Median price $213,500, Annual capital growth 1.45%, Number of sales 194, Weekly median advertised rent $270

Hamilton Unit: Median price $155,000, Annual capital growth 1.80%, Number of sales 23, Weekly median advertised rent $210

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

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

  • House Report

At number 1896th in the list of Australian suburbs ordered by increase in median house value over the last year, Hamilton, 3300 is in the top half with a property value increase of -0.70% recorded in median house prices.

The five-year average increase in median property values for Hamilton,3300 has given property investors a potential capital gain of 7.83% across each of those five years.

Sellers are offering property buyers an average discount of -6.39% to buyers in Hamilton at the moment, which is less than average for the rest of VIC.

Residents and property investors in Hamilton have been waiting around 96.5082 days to sell a property.

Advertised rents are around the $270 mark per week – giving a return of 6.58% based on the median price in Suburb

Metrics i HOUSE UNIT
$213,500 $155,000
-2.95% -6.91%
-0.70% N/A
1.45% 1.80%
$270 $210
194 23
6.58% 7.05%
96.5081967213115 N/A

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 10103
Median household income ($/weekly) 904
Median age of persons 43
Median housing loan repayment ($/monthly) 1124
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1243 12.3
    25-34 years 1021 10.1
    35-44 years 1115 11.0
    45-54 years 1369 13.5
    55-64 years 1367 13.5
    Others 3989 39.5
    Age Group
    Census Count Percent(%)
    Registered Married 3755 50.8
    Not Married 3017 40.8
    Defacto Relationship 618 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 8914 92.1
    New Zealand 51 0.5
    Papua New Guinea 130 1.3
    United Kingdom 255 2.6
    Other 88 0.9
    Others 240 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.3
    Christianity 6939 74.9
    Hinduism 17 0.2
    Other Religious Groups 19 0.2
    No Religion 2234 24.1
    Others 20 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 390 10.5
    $400-$599 525 14.1
    $600-$799 477 12.8
    $800-$999 404 10.9
    $1,500-$1,999 443 11.9
    Others 1484 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3136 39.2
    Employed, worked full-time 2714 34.0
    Employed, worked part-time 1617 20.2
    Employed, away from work 317 4.0
    Unemployed, looking for work 208 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 594 12.8
    Professionals 780 16.8
    Technicians & trades workers 798 17.2
    Clerical & administrative workers 585 12.6
    Labourers 538 11.6
    Others 1354 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 163 7.6
    Infants/Primary 769 35.7
    Secondary 776 36.1
    Technical or Further Educational Institution 225 10.5
    University or other Tertiary Institutions 152 7.1
    Others 67 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8718 93.9
    Semi-detached, row or terrace house, townhouse 107 1.2
    Flat, unit or apartment 389 4.2
    Caravan, cabin, houseboat 25 0.3
    House or flat attached to a shop, office 34 0.4
    Others 13 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1755 43.8
    Being purchased 1183 29.6
    Rented 1036 25.9
    Other tenure type 29 0.7
    Tenure Type
Census 2011, ABS
Chart Table