Hamilton

POSTAL CODE: NSW, 2303
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A steady increase in median property prices over a five-year period in the suburb translates to a 12.24% capital gain.

Property investors in HAMILTON enjoyed capital gains of 5.77% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,100,000.

Profits due to an upward trend in home prices there averaged 4.08% per annum over a 3-year period.

Home owners selling their properties and realtors in HAMILTON usually have to wait an average of 37.1 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $750 mark, reflecting a 3.55% increase in returns based on the current median price in HAMILTON.

HAMILTON, 2303 places 851st in Australia based on median property value growth during the quarter.

Surburb overview

Hamilton is a sought-after suburb located in the heart of Newcastle, one of Australia’s most dynamic cities. The suburb’s excellent transport links, including a train station and several bus routes, provide easy access to Newcastle’s CBD and down to the Central Coast and Sydney further afield.

Hamilton is just a short drive from the city’s iconic beaches, providing an enviable coastal lifestyle for residents, who also enjoy proximity to city-style amenities, including popular cafes, restaurants, bars, and boutiques. The area’s rich history and thriving arts scene also add to its charm and appeal.

The area is also home to the Hamilton Business Association, which describes itself as a progressive collaboration that invests in making the neighbourhood feel welcoming and enjoyable for everyone. It focuses on several projects, including street beautification, safety initiatives, and business establishments. The association is committed to full occupancy of the area’s commercial buildings.

Hamilton boasts several schools, including Hamilton Public School, Hamilton South Public School, and Hamilton North Public School, and numerous parks, such as Gregson Park, Islington Park, and Dixon Park.

Overall, investing in property in Hamilton provides a unique opportunity to enjoy the best of both worlds — city convenience and coastal living — in one of Australia’s most exciting and liveable cities.

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