Could Hamilton be the best suburb in Brisbane’s northern suburbs? Read on to find out!
Overview
Hamilton, located approximately 5 km northeast of Brisbane CBD, is a prestigious riverside suburb renowned for its luxurious homes, vibrant dining precincts, and stunning river views. With a blend of historical Queenslanders and modern apartments, Hamilton attracts families, professionals, and investors. Its close proximity to the Brisbane River, quality schools, and iconic attractions like Racecourse Road and Portside Wharf enhance its lifestyle appeal.
Suburb Snapshot
- Median House Price (2024): $2,353,000
- Annual Growth Rate (2024): -2.0%
Location Highlights:
- 5 km to Brisbane CBD (approx. 10-minute drive)
- 95 km to Sunshine Coast CBD (approx. 1.5-hour drive)
- 9 km to Westfield Chermside (approx. 15-minute drive)
Demographics
- Population: Approximately 6,200 (2021 ABS data)
- Median Age: 38 years
- Housing Types: A mix of Queenslander-style homes, modern apartments, and luxury residences
Property Market Overview
Hamilton’s property market continues to showcase its prestige and demand:
House Market:
- Median House Price (2024): $2,353,000
- Rental Yield (Houses): 2.0%
- Median Rent (Houses): $900/week
- Vacancy Rate (Nov 2024): 1.0%
Unit Market:
- Median Unit Price (2024): $630,000
- Rental Yield (Units): 5.3%
- Median Rent (Units): $640/week
Long-Term Growth Insights: Hamilton has displayed consistent long-term growth, with the median house price increasing from $915,000 in 2006 to $2,353,000 in 2024, reflecting an annual growth rate of 5.59%. Notable growth years include 2021 (+25.0%) and 2022 (+15.0%), driven by its prime location and riverside charm.
Notable Recent Sales:
- 70 Parkside Circuit: $5,200,000 (Nov 2024)
- 7 Prospect Terrace: $12,300,000 (Sep 2024)
- 10 Ludlow Street: $7,150,000 (Aug 2024)
Education Options
- Primary Schools: Hamilton State School
- Secondary School: Aviation High
- Private Schools: St Margaret’s Anglican Girls’ School, St Rita’s College
- Child Care Centres: 4 centres, including Hamilton Early Learning Centre
Lifestyle and Amenities
Hamilton offers a luxurious and vibrant lifestyle:
- Shopping: Portside Wharf, Racecourse Road precinct
- Parks: Hamilton Recreation Reserve, Crosby Park
- Recreational Facilities: Doomben and Eagle Farm Racecourses, Brisbane Riverwalk
Health and Wellbeing
Hamilton residents benefit from access to top healthcare services:
- Local Healthcare Services: Hamilton Medical Centre
- Closest Hospitals: Royal Brisbane and Women’s Hospital, St Vincent’s Private Hospital
- Pharmacies: Priceline Pharmacy Hamilton
Community and Employment
Hamilton’s thriving community and proximity to employment hubs make it a top choice:
- Employment Sectors: Retail, hospitality, and aviation
- Community Activities: Regular events at Portside Wharf and Racecourse Road markets
Recent and Planned Developments
- Brisbane International Cruise Terminal Expansion:
- Purpose: Enhance tourism and trade facilities
- Impact: Boosted local economy and increased property demand
- Kingsford Smith Drive Upgrade:
- Purpose: Improve traffic flow and connectivity
- Impact: Enhanced accessibility and reduced congestion
For more development projects in Brisbane North, [Click here].
For more development projects in South East Queensland, [Click here].
Key Statistics Table
| Metric | Value |
|---|---|
| Population | 6,200 |
| Median House Price (2024) | $2,353,000 |
| Median Rent (Houses) | $900/week |
| Rental Yield (Houses) | 2.0% |
| Median Unit Price (2024) | $630,000 |
| Median Rent (Units) | $640/week |
| Rental Yield (Units) | 5.3% |
| Child Care Centres | 4 |
| Distance to CBD | 5 km |
| Notable Parks | Hamilton Recreation Reserve, Crosby Park |
Brisbane Buyer’s Agent Introduction
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Conclusion: Why Choose Hamilton?
Hamilton’s riverside charm, luxurious properties, and vibrant amenities make it a premier choice in Brisbane’s north. Its proximity to top schools, iconic dining precincts, and the Brisbane River ensures a high-quality lifestyle. Whether you’re seeking a family home or an investment opportunity, Hamilton offers unmatched prestige and growth potential.
Ready to make Hamilton your next destination? Contact us today to begin your journey!