Hamilton North

POSTAL CODE: NSW, 2292
HOUSE

Based on its average 5-year and quarterly capital gains HAMILTON NORTH, 2292 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that HAMILTON NORTH, 2292 obtained a 8.35% growth over a ten-year period. It ranks 1064th on our list of suburbs that property investors should look into.

HAMILTON NORTH, 2292 in NSW belongs to the local government area of Newcastle.

HAMILTON NORTH, 2292 has a capital gain of 18.29% for the past year, which is higher than average compared to its 47.47% growth within a five-year period.

With the median home price in HAMILTON NORTH sitting at $1,091,250, and the average rent at $777.5, property owners could potentially earn a 3.7% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in HAMILTON NORTH are low, as opposed to average gains per annum over the past five years.

Surburb overview

Hamilton North is an inner suburban area in the City of Newcastle, NSW, with postcode 2292, situated between Hamilton, Broadmeadow, Islington and Georgetown. The suburb is about four kilometres west of Newcastle’s central business district, with Griffiths Road and nearby arterial roads providing connections to central Newcastle and surrounding suburbs.

Hamilton North has a relatively small residential population, with land use divided between housing, sporting facilities, commercial premises and other non-residential areas. Residential development consists mainly of established housing along local streets, while major recreation and transport facilities occupy substantial areas nearby.

Hamilton North does not have its own railway station; Broadmeadow and Hamilton stations provide the nearest passenger rail connections. Broadmeadow Station provides services towards Newcastle Interchange, the Central Coast and Sydney, as well as regional train connections to other parts of NSW.

Bus services operate through Hamilton North and surrounding suburbs, providing connections towards Newcastle’s central business district, Broadmeadow, Hamilton and other metropolitan centres.

Schools are available in neighbouring Hamilton, Broadmeadow, Georgetown and surrounding suburbs, with additional government and non-government education facilities across inner Newcastle.

Residents can access supermarkets, pharmacies, cafes and other everyday services in nearby Hamilton, particularly around the Beaumont Street commercial precinct. Additional shopping facilities are available at Newcastle West, Waratah and Kotara.

Medical centres, pharmacies, dental practices and allied healthcare providers operate in surrounding suburbs, while major hospital services are available at John Hunter Hospital in New Lambton Heights.

Smith Park provides sporting fields and open space within Hamilton North and accommodates organised community sport. The Newcastle Entertainment Centre and Newcastle Showground are located nearby at Broadmeadow and host concerts, exhibitions, sporting activities and community events. McDonald Jones Stadium is also nearby and hosts rugby league, football and other major events.

Islington Park provides additional open space, playground facilities and shared paths near Throsby Creek. Walking and cycling routes along Throsby Creek connect surrounding inner suburbs with Newcastle Harbour and other recreation areas closer to the city centre.

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