With its leafy, tree-lined streets and fairly large sized blocks, family central Hamlyn Heights is considered an upmarket residential suburb in Geelong.
LOCAL SHOPPING + FOOD
Hamlyn Heights also has two retail locations, a large shopping strip on Vines Road, and a smaller group of shops on Fairlie Street. If you’re looking for a nice spot to stop for a coffee, try Eddy and Wills on Church Street. You won’t be disappointed!
Offering sweeping views that overlook Corio Bay (and even north to the You Yangs!), Hamlyn Heights is just a short 10 minute drive to Geelong, 30 minutes to the Surf Coast and 50 minutes to Melbourne. The closest train station is North Geelong train station, which takes approximately 1 hour to get to Melbourne CBD.
SPORTS AND RECREATIONAL FACILITIES
Boasting sporting facilities around the Vines Road community centre such as Hamlyn Park, home to Bell Park Sport and Recreation Club, Hamlyn Park Tennis Club, Hamlyn Heights Scout Group and the Geelong Ballroom Dance Club, there is plenty of opportunity for community involvement in Hamlyn Heights!
Hamlyn Heights hosts 2 primary schools, Hamlyn Banks Primary School and Herne Hill Primary School, as well as one private school, St Anthony’s School, and one public secondary school, Western Heights Secondary College.
Investment property in Hamlyn Heights has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.64%.
Property investors should expect to get approximately $340 weekly from the median priced house in this suburb, and the median property price is valued at $410,000.
With the median price for a house in Hamlyn Heights being approximately $410,000 and the advertised rent reaching $340, the gross rental yield for property investors is 4.31%.
The majority of residents have a social marital status of not married, (54%) with the average age of residences being within the 25 – 34 age group.
Statistics show that the suburb consists of 46% families and 54% singles.
Written by Jason Barnett