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Hamilton vs St Lucia

Property investment comparison - Hamilton, QLD 4007 vs St Lucia, QLD 4067

Head-to-head across core investment metrics: Hamilton wins 4, St Lucia wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricHamiltonSt Lucia
Median house price$2.1M$2.1M
Median unit price$830K$895K
Gross rental yield (houses)-2.16%
Gross rental yield (units)-4.03%
1-year house growth+6.0%-0.7%estimate
3-year house growth-2.6%-
Vacancy rate1.1%2.8%
Population8,92212,220

Hamilton vs St Lucia: what the numbers say

The median house price is $2.1M in Hamilton and $2.1M in St Lucia, so Hamilton is the cheaper entry point, with St Lucia houses about 2% dearer.

For units, Hamilton sits at a median of $830K against $895K in St Lucia, which makes Hamilton the more affordable unit market and St Lucia the pricier one.

Over the past year house prices moved +6.0% in Hamilton and -0.7% in St Lucia (an estimate), so recent momentum favours Hamilton, while St Lucia went backwards.

Rental vacancy is 1.1% in Hamilton and 2.8% in St Lucia, so landlords in Hamilton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

St Lucia is the bigger suburb, with a population of 12,220 against 8,922, larger than Hamilton; a larger suburb usually means a deeper pool of buyers and tenants.

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

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