Suburb Profile: Hamilton South

27/09/2019 Posted by admin

CHARM: This classic Hamilton South home in Kemp Street is set for auction on Saturday with a guide of $1.15 million to $1.25 million.SUBURB SNAPSHOTOnce part of the Australian Agricultural Company’s coal bearing land, this suburb has not looked back since mining stopped in the early 1900s and planning began to make it “a prestigious estate”.

Well-known for itsCalifornianBungalows on big, leafy blocks and wide, tree-lined streets,Hamilton South’s popularity as a family suburb has been reflected in its continued market growth.

Median house prices are around the $1 million mark and anew suburb sale record of $2.625 million was set last year for an elegant period residence in Alexander Street.

A large portion of the suburb is classified as a garden suburb precinct and is heritage protected.

LIFESTYLEIt is within five minutes of Newcastle’s CBD, Beaumont Streetand Darby Street eateries, parksand beaches.

It is also close toMarketown Shopping Centre andThe Junction andwell-regarded Hamilton South Public School.

ASK THE EXPERT-Presented by First National Newcastle City’s George Rafty

Having grown up and still residing in Hamilton South, I can say first-hand how great the lifestyle is for all family memberswith so many conveniences of a true inner city suburb.

The real estate market in Hamilton South has had a great first half of 2018. Street and suburb records are consistently updatingdue to high demand for quality properties in the area. This demand is driven by the suburb’s proximity to quality schooling, shopping centres, and being only a short drive to the beaches and Newcastle CBD.

Buyers are keen to live in the conservation areaas many period houses have been renovated or improved to further beautify the area. Minimal multi-level or multiple unit complexes have been approved.

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