Based on its average 5-year and quarterly capital gains HAMILTON EAST, 2303 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 EAST, 2303 obtained a 9.05% growth over a ten-year period. It ranks 214th on our list of suburbs that property investors should look into.
HAMILTON EAST, 2303 in NSW belongs to the local government area of Newcastle.
HAMILTON EAST, 2303 has a capital gain of 45.61% for the past year, which is higher than average compared to its 49.77% growth within a five-year period.
With the median home price in HAMILTON EAST sitting at $1,310,500, and the average rent at $550, property owners could potentially earn a 2.18% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in HAMILTON EAST are high, as opposed to average gains per annum over the past five years.
A 45.61% increase in median property prices in HAMILTON EAST, 2303 has allowed this suburb to join the ranks of best performing suburbs in NSW, settling at number 8th.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||45.61%||N/A|
|Median 3 years||54.54%||N/A|
|Median 5 years||49.77%||N/A|
|10 years average annual||9.05%||N/A|
|Weekly media advert. rent||$550||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||2.18%||N/A|