Hamilton Hill vs Success

Houses cost about the same in both suburbs: the median house price is $1M in Hamilton Hill and $1M in Success.

For units, Hamilton Hill sits at a median of $650K against $600K in Success, which makes Success the more affordable unit market and Hamilton Hill the pricier one.

Over the past year house prices moved +14.3% in Hamilton Hill and +16.7% in Success, so recent momentum favours Success, although both suburbs recorded growth.

Looking back three years, Hamilton Hill houses are +63.0% and Success houses +55.0%, so Hamilton Hill has compounded faster than Success over the longer window.

Rental vacancy is 0.5% in Hamilton Hill and 0.7% in Success, so landlords in Hamilton Hill face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Success is the bigger suburb, with a population of 11,340 against 11,327, larger than Hamilton Hill; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Success for recent price momentum, Hamilton Hill for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.