The Property Policies Both Major Parties Are Peddling
Today’s (21 May) the last day for Australians to vote in the federal election. Here, we’ll be recapping the major pr...
HAMILTON, 3300 ranks 1516th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 26.18% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
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 $347,000.
The upward trend in home prices in HAMILTON, 3300 averaged 19.24% per annum over a 3-year period.
Average weekly rents on listings have reached the $320 mark, reflecting a 4.8% increase in returns based on the current median price in HAMILTON.
An average of 24.33 real estate transactions take place per month in HAMILTON which translates to 292 per annum.
292 properties were sold in HAMILTON in 2016, making it the 361st most active market in VIC based on total real estate transactions.
HAMILTON, 3300 places 393rd in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||26.18%||31.28%|
|Median 3 years||57.73%||N/A|
|Median 5 years||67.23%||47.44%|
|10 years average annual||5.43%||21.72%|
|Weekly media advert. rent||$320||$270|
|Time on Market||49.5 days||68.3 days|
|Gross Rental Yield Percent||4.8%||4.88%|