AREA REPORTS

Hamilton

 

 

VIC/
Hamilton

Suburb Profile

Hamilton - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3300

house

HAMILTON, 3300 ranks 465th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 14.58% 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 $220,000.

The upward trend in home prices in HAMILTON, 3300 averaged 3.33% per annum over a 3-year period.

Average weekly rents on listings have reached the $260 mark, reflecting a 6.15% increase in returns based on the current median price in HAMILTON.

An average of 20.17 real estate transactions take place per month in HAMILTON which translates to 242 per annum.

242 properties were sold in HAMILTON in 2016, making it the 388th most active market in VIC based on total real estate transactions.

HAMILTON, 3300 places 453rd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $220,000 N/A
GROWTH REPORT
Median Quarterly -2.22% N/A
Median 12 month 14.58% N/A
Median 3 years 10% N/A
Median 5 years 14.29% N/A
10 years average annual 1.02% N/A
Weekly media advert. rent $260 N/A
Time on Market 97.1 days N/A
Gross Rental Yield Percent 6.15% N/A
demographics (median values)
Total Population
10610
Weekly Household Income
789.7
Household Size
2.40
demographics
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