Hamilton Hill (postcode 6163) is a well-established suburb in Western Australia within the Cockburn local government area. With a population of 11,327, the suburb has an established demographic with a median age of 39. Households earn a median income of $73K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.8% year-on-year at the LGA level. WA employment has moved +1.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. WA also had 31 Commonwealth-backed major projects under construction, 7 underway, and 16 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, community & personal service. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Italian.
The median house price in Hamilton Hill is $760,000, having jumped by 23.4% over the past year. Units have a median price of $458,000 (+7.3% YoY). The current median weekly rent is $850. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,733.
Hamilton Hill is served by 6 schools, including 4 primary, 1 combined, 1 special. The average ICSEA score is 984, which is around the national average of 1,000. Public transport access includes 89 bus stops.
On the investment side, Hamilton Hill shows a gross rental yield of approximately 5.8%, rated as high yield. Property prices are near the state median ($760K/$951K). The price-to-income ratio of 10.5x is considered stretched. House prices have moved +23.4% year-on-year. Population growth of +2.8% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.