Hamilton, located in the Southern Grampians region of Victoria, Australia, offers a unique blend of rural charm and a growing housing market that caters to a diverse range of buyers. Known for its historical architecture and expansive natural surroundings, Hamilton provides a relatively affordable entry point into the property market compared to larger urban centers. Over recent years, the housing market in Hamilton has experienced moderate growth, largely driven by an increasing interest from both local and interstate buyers seeking lifestyle changes. The town's appeal lies in its balance of affordability, accessibility, and the promise of a peaceful, rural lifestyle. Demand for properties in Hamilton is consistent, with family homes and rural properties particularly sought after, reflecting a growing trend towards regional living in the wake of lifestyle changes brought upon by broader economic circumstances.
Living in Hamilton offers a relaxed and community-focused lifestyle distinct from the hustle and bustle of metropolitan areas. The town is characterized by its close-knit community, vibrant cultural scene, and access to an array of outdoor recreational activities, thanks to its proximity to the Grampians National Park and Lake Hamilton. Residents benefit from a range of amenities, including schools, healthcare facilities, and shopping centers, which contribute to a comfortable and convenient daily life. The local economy is supported primarily by agriculture, healthcare, and education, ensuring stability and opportunities for employment. Community events, local markets, and sporting clubs foster a strong sense of belonging and engagement and make Hamilton an attractive option for families, retirees, and individuals seeking a tranquil but fulfilling rural lifestyle.
Median Weekly Rent | $243.67 |
Median Monthly Mortgage | $1147.11 |
Median Persons Per bed houseroom | 0.71 |
Average Household Size | 2.15 |
Average Age | 46.33 |
Average Income | $700.59 |
Average Cars Per Dwelling | 1.83 |
Average Properties Within 50M | 8 |
Typical 1 bed house | $305,000 |
Typical 2 bed house | $310,000 |
Typical 3 bed house | $400,000 |
Typical 4 bed house | $601,000 |
Typical 5 bed house | $810,000 |
Typical 6 bed+ house | $740,000 |
Housing Stock
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Thinking about buying in Hamilton? Now could not be a better time, with 6965 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $455,000 with prices in this suburb ranging from $64,000 to $2,293,000. The aproximate distance to the coast is 48 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Hamilton are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Hamilton classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Hamilton requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property ValuationMonivae College
St Mary's School
Baimbridge College
Hamilton Parklands School
George Street Primary School - Hamilton
Hamilton North Primary School
Hamilton (Gray Street) Primary School
Good Shepherd College
The Hamilton and Alexandra College
Tarrington Lutheran School
(While the above schools are located with the suburb of Hamilton there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5.8 | 21.6 | 30.4 | 51.8 | 87.6 | 2.2 | 24.8 |
Feb | 7.2 | 21.7 | 30.1 | 52.6 | 87.5 | 1.9 | 21.2 |
Mar | 5.6 | 20.6 | 29.5 | 52.8 | 90.3 | 1.6 | 17.6 |
Apr | 2.8 | 17.6 | 27.3 | 49.7 | 89.6 | 1.5 | 16.1 |
May | 2.2 | 13.8 | 24.0 | 46.9 | 88.2 | 1.4 | 13.9 |
Jun | 2.4 | 12.4 | 22.2 | 49.1 | 88.2 | 1.3 | 11.9 |
Jul | 0.8 | 10.7 | 22.4 | 41.2 | 87.4 | 1.3 | 13.4 |
Aug | 0.3 | 11.1 | 24.6 | 32.3 | 85.7 | 1.5 | 17 |
Sept | 0.6 | 14.0 | 26.1 | 37.4 | 86.1 | 1.7 | 20.2 |
Oct | 2.8 | 16.1 | 27.1 | 42.2 | 86.1 | 1.8 | 22.9 |
Nov | 2.5 | 19.1 | 28.9 | 45.9 | 85.5 | 1.9 | 25.5 |
Dec | 5.5 | 21.1 | 29.9 | 50.0 | 85.7 | 2.0 | 23.0 |
source: Australian Government Bureau of Meteorology
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