Hamilton Property Management
Hamilton is a suburb of Newcastle city in New South Wales, Australia which is situated 4 km. from CBD (Central Business District).
This small suburb has about 4,229 people according to 2016 census. Hamilton has some really good amenities including the commercial centre of the area. It is a thriving business district which is considered as the cosmopolitan capital of Newcastle.
There are many sporting parks and fields here. Gregson Park is popular with children, has picnic facilities, tennis courts and Bowling Club. Learmonth Park, Henry Park and Corona Street Reserve are some other parks here. There is a child care centre located in Denison Street. A branch of Newcastle Region Library is located close to Beaumont Street. There are 3 public schools here. Transport options are good. Good bus connectivity to CBD is there. Beaumont Street is Hamilton’s main street which has a multitude of shopping and other outlets. Hamilton is a popular and happening suburb.
Real Estate in Hamilton
Currently, median selling price of homes is $765,000. This is at a decline of -1.9% compared to last year. Median selling price of homes in 2017-18 was $780,000. In Apr 2018 - Mar 2019, 53 houses were sold. The sale of homes here peaks in Jan, March, May, September and November. Average home rental per week is $438 at a growth rate of 3% annually. Last year home rentals were 170.
The price of an average unit in Hamilton is $630,000 at a whopping growth rate of 55.2%. Unit median price last year was $406,000. 86 units were sold in the last year. Current median weekly unit rent is $320 at a growth rate of 2.6%. Total rentals in the previous year were 118. Purchased and fully-owned properties comprise 58% of all real estate here. 40% of all properties are rented out as per 2016 data of ABS (Australian Bureau of Statistics).
Hamilton is perfect for property management with excellent amenities and good real-estate options.
Population in Hamilton
Hamilton has a mix of younger and older crowd. There are 76% couples. 42% of whom have no children, and 21% are one-parent homes. There are 1000 seniors over 60. 1100 people are between 40 to 59 years, and more than 1500 people are between 20 to 39 years old. 200 little children are below 5 years while there are 500 children and teens. 750 people earn $1500+ weekly. The same is between $500 to $1449 per week for 500 people. The remaining earn below $499 per week. 54% of the suburb’s residents are employed in either full-time or part-time work. 57% of the workers drive their car to work while 7% walked to work. 33% of the residents are not yet earning.
Dwellings comprise of 10% flats, 28% semis/terraces and 59% separate houses here. 28% homes are fully owned. 23% people are purchasing homes and 44% are renting accommodations. If you are looking for property managers to help you invest wisely, No Bull Real Estate is the perfect choice for you. They specialise in Property Management and real estate investments and have a long-term credible reputation.
For further information about real estate deals in this area, contact No Bull Real Estate, your most reliable and friendly real estate agents in Newcastle. Buying, selling, leasing for residential, commercial, industrial property, contact your local expert to buy, sell or lease today on 49552624 or www.nobullrealestate.com.au