Hamilton South is a smaller suburb in New South Wales within the Newcastle local government area (postcode 2303). With a population of 4,057, the suburb has an established demographic with a median age of 44. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Hamilton South is $1.1 million, having dropped significantly 38% over the past year. Units have a median price of $920,000 (-15.2% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,383.
Public transport access includes 18 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Hamilton South 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 14.6x is considered stretched. House prices have moved -38.0% year-on-year.
Hamilton South is a smaller suburb in New South Wales within the Newcastle local government area (postcode 2303). With a population of 4,057, the suburb has an established demographic with a median age of 44. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Hamilton South is $1.1 million, having dropped significantly 38% over the past year. Units have a median price of $920,000 (-15.2% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,383.
Public transport access includes 18 bus stops. The crime rate in the Newcastle LGA is moderate at 6,194 incidents per 100,000 population.
From an investment perspective, Hamilton South 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 14.6x is considered stretched. House prices have moved -38.0% year-on-year.