Hamilton East Property Management
Hamilton East is an inner suburb of Newcastle city in New South Wales, Australia which is situated 3 km. from CBD (Central Business District).
This tiny suburb has a population of 823 people according to 2016 census. Hamilton East is a residential suburb. It has many educational facilities with both private and public secondary schools in the area along with a TAFE campus. For the nature lovers, there are ample parklands and the Hunter River is just a small walk away.
The suburb of Hamilton located closeby and is the commercial centre for this area. It is a huge business district and has a number of shopping and retail options along with sporting, schools, library and transport facilities.
Real Estate in Hamilton East
Currently, median selling price of homes here is $1,350,000. This is at a growth of 2.2% compared to last year. Median selling price of homes in 2017-18 was $1,321,000. In Apr 2018 - Mar 2019, 14 houses were sold. There has been a strong capital growth for those who bought the houses in the past few years.
The sale of homes here peaks in February, March, April, May, September and November. Average home rental per week is $500 at a growth rate of 1.9% annually. Last year home rentals were 13. Average weekly rental payments range from $225-274 to $550+.
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 East is perfect for property management with good amenities. There are some beautiful old houses here.
Population in Hamilton East
Hamilton East is a residential suburb with many families making their home here. There are 88% couples. 41% of them have no children, and 10% are one-parent homes. There are 240 seniors over 60 years of age. 260 people are between 40 to 59 years, and more than 240 people are between 20 to 39 years old. 60 children are below 5 years while there are 180 children and teens. As far as earnings go, 180 people earn $1500+ weekly. The same is between $500 to $1449 per week for 100 people. The remaining earn below $499 per week. 58% of the suburb’s residents are employed in either full-time or part-time work. 61% of the workers drive their car to work while 7% walk to work. 33% of the residents are not in the labour force yet.
Dwellings comprise of 5% flats, 7% semis/terraces and 88% separate houses here. Those interested in purchasing houses will find many good options here. 47% homes are fully owned. 34% people are purchasing homes and 17% are renting accommodations. If you are looking for good property managers for good real-estate investment, No Bull Real Estate is the perfect choice for you. They specialise in Property Management and real estate investments and have a credible reputation here.
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