Suburb Profile: Hamilton

Posted on 12/17/2018

CARNIVALE: Hamilton’s Beaumont Street is a hive of activity with a range of restaurants and bars on offer and plenty of community events held throughout the year.SUBURB SNAPSHOTHamiltonis located within five minutes of Newcastle’s Central Business District, harbour and beaches. It is bordered by Islington, Hamilton South, Broadmeadow, Newcastle West and Hamilton North.

It is widely regarded as the cosmopolitan capital of Newcastle and is most popular for Beaumont Street, a vibrant strip of restaurants andbars. It also offersfashion outlets and a commercial centre.

The Hamilton Business District Committee is active in the community and regularly organises music, food and wine festivals.

The suburb’s early history dates from the discovery of coal nearSt Peter’s Church in a part of Hamilton still known by locals as Cameron’s Hill.

LIFESTYLEWhile still offering the same convenient, modern-day lifestyle as some of its neighbouring suburbs, Hamilton isyet to experiencethe price growth of the likes of Hamilton South. But 2018 has been tipped as a year that may wake this sleeping suburb. It has good schools, parks and easy accessibility to transport and Newcastle Racecourse.

ASK THE EXPERT-Presented byMatthewWaddell, general manager Robinson Property

Cosmopolitan Hamilton isa popular suburb for buyers wanting to be close to shops, restaurants, schools andparks, all in walking distance or a short drive to the foreshore and heart of Newcastle.

In the 2017 calendar year, the median house price for Hamilton rose by 13.7 per centto $705,000.

The number of houses sold in that period were 54 compared to 81 the previous year, showing a reluctance for people to sell in this sought-after area once they get established.

If you are thinking of buying or selling, get in touch with the suburb experts Alexander andJames Dimovski.