Hamilton is a well-established suburb in Victoria within the Southern Grampians local government area (postcode 3300). With a population of 10,346, the suburb has a mature demographic with a median age of 45. Households earn a median income of $65K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Hamilton is $380,000, having increased 2.7% over the past year. Units have a median price of $278,000 (-20.3% YoY). The current median weekly rent is $340. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,083.
Hamilton is served by 9 schools, including 4 primary, 2 secondary, 2 combined, 1 special. The average ICSEA score is 982, which is around the national average of 1,000. Public transport access includes 2 rail stations, 71 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Southern Grampians LGA is moderate at 7,662 incidents per 100,000 population.
From an investment perspective, Hamilton offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($380K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +2.7% year-on-year.
Hamilton is a well-established suburb in Victoria within the Southern Grampians local government area (postcode 3300). With a population of 10,346, the suburb has a mature demographic with a median age of 45. Households earn a median income of $65K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Scottish.
The median house price in Hamilton is $380,000, having increased 2.7% over the past year. Units have a median price of $278,000 (-20.3% YoY). The current median weekly rent is $340. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,083.
Hamilton is served by 9 schools, including 4 primary, 2 secondary, 2 combined, 1 special. The average ICSEA score is 982, which is around the national average of 1,000. Public transport access includes 2 rail stations, 71 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Southern Grampians LGA is moderate at 7,662 incidents per 100,000 population.
From an investment perspective, Hamilton offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($380K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +2.7% year-on-year.