Hamilton (2303) sits within the Newcastle LGA. Whether you are buying as an investor or comparing ownership to renting, the rental market data below gives you a current-state picture of what tenants are paying and what gross yield looks like relative to recent sale prices. Yield figures use the median dwelling price for the postcode as the denominator.
Can I afford Hamilton?
Rental market in Hamilton
Median weekly rent from lodged bonds. Sep 2025. Bond count suppressed by DCJ (30 or fewer lodgements this quarter).
Rents here sit around the Sydney middle. A balance of rental stock and owner-occupier demand.
Median weekly rent · Unit · 1 bed
Small sample
$470per week
Sep 2025 · bond count suppressed
Quarterly trend · last 12 quarters
Nearby suburbs · same combination
Newcastle West2302
…
1.1 km away
Merewether2291
…
2.5 km away
Newcastle2300
…
3.2 km away
Mayfield2304
…
3.8 km away
NSW DCJ Rental Bond Board↗ · Sep 2025 · CC BY. Cells with 10 or fewer bond lodgements are suppressed; cells with 30 or fewer have the bond count suppressed but rent published. Figures are transacted rents, not asking rents.
Rental yield in Sydney's established suburbs tends to run below the broader market because capital growth expectations are already priced into sale prices. If Hamilton shows a gross yield meaningfully above 4%, it is worth checking whether that reflects genuine demand or a subdued sale price (which can itself be a signal of weaker capital growth prospects). Strong yield and strong capital growth in the same suburb is uncommon but does occur in transition areas.
