Hamilton is the Wool Capital of the World — a prosperous Western District grazing city with an outstanding regional gallery (the Hamilton Art Gallery is one of Australia's finest regionals), strong healthcare employment, and yields above 6% for income-focused investors at sub-$350K entry. At the current $350k median house price, an 80% loan at 6.25% over 30 years is about $1,724 per month.
| Median house price | $350,000 |
|---|---|
| Median unit price | $240,000 |
| Estimated monthly repayment | $1,724 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 8% |
| Gross rental yield | 6.2% |
| Typical days on market | 18 |
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