Are you looking to purchase a home or investment property in the sought after suburb of Hamilton?
We and Hamilton Buyers Agents have made it easy for you by compiling everything we know into this Hamilton Buyers Guide. this Article contains information about everything we know and what is important to know when choosing a place to live or to invest in.
Hamilton is located approximately 6km from the Brisbane CBD towards the northeast. The area is vibrant and modern. Hamilton is located along the north bank of the Brisbane River; the neighbourhood is hilly & elevated with views of the CBD. Hamilton was historically known as a popular hotel district. Hamilton Hill was popular for mansions back in the day due to its exclusive elevation and views of the CBD. Now you will see a mix of large homes, tall residential complexes, industrial warehouses and vibrant entertainment hubs.
The number one most convenient transport option for locals is the Ferry service; there are a number of terminals along the riverbank to transport residents to the CBD or any other location along the Brisbane River. There is also close proximity access to the train line form the Ascot or Doomben stations access to the CBD. There is access to regular bus services throughout the suburb and Hamilton is very close to the Gateway motorway making trips to the Sunshine Coast or Gold Coast very convenient.
To view the public transport options visit the Translink site HERE.
The State School options for Hamilton include the highly desirable enrollment managed school Ascot State School, Hamilton State School and the high schools Aviation High and Clayfield College. Most high-income earning families in the area choose to enroll their kids into private schools especially for the high school years. Some private schools close by include, St Agatha’s Primary School, St Rita’s College, St Margaret’s Anglican Girls School and Nudgee College. Now when it comes to education it is hard for us to tell you what the best school is in the Hamilton Buyers Guide and this is because everyone preference if different when it comes to kids education.
Hamilton is a hub for entertainment and nearly everyone in Brisbane has come to Hamilton to visit the famous and popular Eat Street Markets on the Northshore. There are an array of restaurants along the riverbank and the popular Hamilton Hotel for a great pub feed. As you head further east closer to the Airport there is DFO shopping precinct and the Royal Queensland Gold Club to enjoy.
There are some greet greenspaces in and near Hamilton, Hercules street Park is located centrally and you are also close by to the Albion Park Paceway as well as close access to Newstead Park that can be accessed via a tranquil walk along the Brisbane river.
Majority of locals living in Hamilton would commute to the CBD, Kingsford Smith Drive has just had a recent upgrade to help commuters access the CBD easily. Hamilton is also only 8km to the Airport for those locals that travel interstate for work.
Typical Block Size & Property Type
Hamilton is a mix of high-density unit complexes as well as large family homes on Hamilton Hill. The typical block size is very mixed in this location, In the previous year’s Hamilton has experienced an oversupply in apartments and town houses around the port of Brisbane development which have now been absorbed from people moving to the area locally and from interstate. Parkside Circuit is a new development that offers brand next executive style town houses and unit complexes next to the Royal Queensland Gold Club however watch out for the mozzies as its built in front of mangroves.
In Hamilton you will see many character queenslader homes on the hill, these are all mostly protected from demolition and can not be replaced with new homes, If you are lucky enough to find a site that has a post war property then you can knock down and build a brand new property, As this is a high wealth suburb you will see major renovations on the older Queenslanders. Hamilton also has high density units, these units are modern and brand new however typically stock standard quality. Complexes in Hamilton like to include gyms, pools and other lifestyle amenities to attract investors, owner occupiers and tenants.
Hamilton is an area with high wealth, the weekly family income is at $2,895 (qld avg. $1,661). According to SQM research, the percentage of owner-occupiers is at 50.88% and 49.12% for renters. This is due to the array of high-density unit complexes that were introduced off the plan invest in the area. Owner-occupiers dominate most of the houses in Hamilton.
Most Desirable Area
You cannot go past Hamilton Hill as the most desirable location in Hamilton. Elevated, high on the hill with both city and river views. This area is also outside of the plane noise overlay from the new runway.
Least Desirable Area
Now that the brand New Runway has been built at the Brisbane Airport over 50% of Hamilton is now affected by strong plan noise. Even though Parkside circuit is a very new and beautiful development the mozzies, plane noise, industrial zoning and low-lying land (flood impacted) would be a deterrent for some.
Median Price Values
Median Price values in Hamilton are $1,401,944 with the upper quartile price at $1,880,000 and the lower quartile price sitting at $950,000.
The capital growth rate for Hamilton over the last 5 years has been 16.3%.
I hope the information in this Hamilton Buyers Guide has been helpful on your quest to buy your next property in Hamilton. If you need further help to secure a property in this location we can help, please reach out by booking a discovery call through the link below.