Hamilton North is a small community in New South Wales within the Newcastle local government area (postcode 2292). With a population of 934, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $101K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Hamilton North is $1.1 million, having increased 3.6% over the past year. Units have a median price of $728,000 (-17.3% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,100.
Public transport access includes 9 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Hamilton North offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +3.6% year-on-year.
Hamilton North is a small community in New South Wales within the Newcastle local government area (postcode 2292). With a population of 934, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $101K per year, with an average household size of 2.3 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Hamilton North is $1.1 million, having increased 3.6% over the past year. Units have a median price of $728,000 (-17.3% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,100.
Public transport access includes 9 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Hamilton North offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($1.1M/$1.5M). The price-to-income ratio of 10.8x is considered stretched. House prices have moved +3.6% year-on-year.