23 Hamilton St, Hamilton North is a 3 bedroom, 3 bathroom House with 3 parking spaces and was built in 1915. The property has a land size of 437m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Currently configured as three one-bedroom units, this classic weatherboard property guarantees a fruitful addition to your investment portfolio, returning a combined $900 pw/$46,800 pa.
With long term tenants on current leases, consider embracing the status quo or seize the chance to increase the property's value through renovations that could boost the rental income. Positioned on a north facing 436.6sqm block, another option is to renovate and convert back to a single dwelling or wipe the slate clean and start again with a brand new home in an inner-city suburb showing tremendous growth (STCA).
From here walk to the weekly Farmers' Market, the Entertainment Centre, Hamilton North Public School, and Beaumont Street, or take city-bound transport directly into the CBD. There's a choice of gyms and cafes nearby as well as Tighes Hill TAFE. Smith Park and Hamilton North Bowling Club are two blocks away, and for groceries, the central location is between Broadmeadow and Waratah Village.
- 436.6sqm north facing block with approximate 12m frontage and R2 zoning
- 3 x 1 bed units with bathroom, a/c, electric kitchen, parking, shared laundry
- Central to Waratah Village and Broadmeadow shopping centre
- McDonald Jones Stadium less than 1km
- Georgetown Road cafes and retail an easy 1km stroll
- Beaumont Street just 1600m away
- 3km to Newcastle Interchange, 5km to Bar Beach
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
The size of Hamilton North is approximately 0.7 square kilometres. It has 2 parks covering nearly 13.5% of total area. The population of Hamilton North in 2011 was 885 people. By 2016 the population was 866 showing a population decline of 2.1% in the area during that time. The predominant age group in Hamilton North is 30-39 years. Households in Hamilton North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hamilton North work in a professional occupation. In 2011, 68.4% of the homes in Hamilton North were owner-occupied compared with 66.8% in 2016.
Hamilton North has 520 properties. Over the last 5 years, Houses in Hamilton North have seen a 58.21% increase in median value, while Units have seen a 35.01% increase. As at 30 November 2024:
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