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AREA REPORTS

Hamilton

Suburb Profile

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

house
unit

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 $209,000.

The downward trend in home prices in HAMILTON, 3300 averaged -2.37% per annum over a 3-year period.

Average weekly rents on listings have reached the $280 mark, reflecting a 6.97% increase in returns based on the current median price in HAMILTON.

An average of 15 real estate transactions take place per month in HAMILTON which translates to 180 per annum.

180 properties were sold in HAMILTON in 2016, making it the 487th 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.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $209,000 $158,750
GROWTH REPORT
Median Quarterly 0% 1.6%
Median 12 month -2.79% N/A
Median 3 years -7.11% -18.59%
Median 5 years 4.5% N/A
10 years average annual 1.23% -3.58%
Weekly media advert. rent $280 $240
Time on Market 108.1 days 0.0 days
Gross Rental Yield Percent 6.97% 7.86%
demographics (median values)
Total Population
10610
Weekly Household Income
789.7
Household Size
2.40
demographics
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Top 10 Birth Countries
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