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Hamilton

POSTAL CODE: VIC, 3300
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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 $415,000.

The upward trend in home prices in HAMILTON, 3300 averaged 4.57% per annum over a 3-year period.

Average weekly rents on listings have reached the $390 mark, reflecting a 4.89% increase in returns based on the current median price in HAMILTON.

An average of 19.42 real estate transactions take place per month in HAMILTON which translates to 233 per annum.

233 properties were sold in HAMILTON in 2016, making it the 424th most active market in VIC based on total real estate transactions.

HAMILTON, 3300 places th in Australia based on median property value growth during the quarter.

Surburb overview

Hamilton is a regional city in western Victoria, located approximately 295 kilometres west of Melbourne and about 120 kilometres inland from the south-west coast.

The city serves as the administrative and commercial centre of the Southern Grampians Shire and had a population of 10,472 at the 2021 Census.

Hamilton is recognised for its long association with the wool industry and is often referred to as part of Australia’s historic “wool capital” region due to the prominence of sheep grazing across the Western District.

The city developed during the nineteenth century as a pastoral settlement and continues to support agriculture, healthcare, education and regional services as key parts of the local economy.

Commercial activity is concentrated around Grey Street and the surrounding central business district, where retail stores, cafes, professional services and civic facilities support the wider region.

Hamilton provides major healthcare facilities, secondary schools, sporting infrastructure and government services for surrounding rural communities across western Victoria.

Road access is available through the Glenelg Highway, Henty Highway and Hamilton Highway, connecting the city with Melbourne, Portland, Horsham and Warrnambool.

Public transport services include regional coach connections to Ballarat, Warrnambool and Melbourne, with most residents also relying on private vehicles for regional travel.

Outdoor recreation is supported by parks, lakes and sporting reserves throughout the city, while nearby natural attractions include the Grampians National Park and volcanic landscapes across the Western District.

Hamilton also hosts agricultural events, livestock sales and regional exhibitions linked to the surrounding farming sector.

The city contains a mix of heritage buildings, established residential areas, newer housing estates and rural lifestyle properties on the outskirts.

Community life is shaped by sporting clubs, educational institutions, cultural organisations and regional events that service a broad catchment across south-west Victoria.

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