Clayfield vs HamiltonTwo Brisbane suburbs compared for a home loan
Clayfield (QLD 4011) is approximately 7.4 km north-east of the Brisbane CBD, around Eagle Junction. Hamilton (QLD 4007) is on Hamilton Reach of the Brisbane River, north-east of the Brisbane CBD. At the 2021 Census, Clayfield had 10,897 residents with a median age of 37, and Hamilton had 8,922 residents with a median age of 40.
In both suburbs the most common occupied dwelling was flats and apartments. Flats and apartments made up 51% of occupied dwellings in Clayfield and 70% in Hamilton, while 43% of Clayfield households rented compared with 54% in Hamilton. These differences matter for finance, because lenders assess apartments, strata buildings and houses on land differently.
Both suburbs are in the same state, so transfer duty is calculated on the same scale and the difference in upfront cost comes from the purchase price. The panel below applies that scale, and an estimate of lenders mortgage insurance, to the prices you enter.
QLD 4011 · Inner northern Brisbane
Clayfield
Clayfield is an inner northern Brisbane suburb where 30.9 per cent of households hold a mortgage, the highest owner occupier share in these guides.
Brisbane City Council. Approximately 7.4 km north-east of the Brisbane CBD, around Eagle Junction.
Read the full Clayfield guideQLD 4007 · Inner northern Brisbane
Hamilton
Hamilton is a riverside Brisbane suburb with the oldest median age in these guides at 40 and the highest median weekly rent at $430.
Brisbane City Council. On Hamilton Reach of the Brisbane River, north-east of the Brisbane CBD.
Read the full Hamilton guide
What buying in Clayfield and Hamilton would mean for the loan
The difference between two suburbs is usually a difference in price, and price drives the deposit, the transfer duty, any lenders mortgage insurance and the repayment. Enter the prices you are seeing and the panel works out each of those for Clayfield and Hamilton.
Your prices and deposit
Enter the price you are seeing in each suburb. BorrowWise does not quote prices, so the comparison uses yours.
Enter a price for Clayfield to see the repayment, transfer duty and upfront cash.
Enter a price for Hamilton to see the repayment, transfer duty and upfront cash.
Warning: The interest rate used here is an example only. It is not a comparison rate and is not a rate offered by any lender, and it does not include fees and charges. Different rates, terms, fees or loan amounts will give a different result.
Estimates only. Repayments assume a principal and interest loan at a constant rate, which is an assumption and not a current market rate. Transfer duty is indicative for established homes, first home buyer relief depends on eligibility, and upfront cash includes an allowance of $3,000 for conveyancing and inspections. Lenders mortgage insurance is an estimate and is added to the loan. A lender makes its own assessment.
Clayfield and Hamilton: Census profile compared
Figures are from the 2021 Census, so rents, repayments and incomes have moved since. They are most useful for comparing one suburb with another and with Australia as a whole.
| Measure | Clayfield | Hamilton |
|---|---|---|
| People and households | ||
| Residents | 10,897 | 8,922 |
| Median ageAustralia 38 | 37 | 40 |
| Average household sizeAustralia 2.5 | 2.2 | 1.9 |
| Median household income, weeklyAustralia $1,746 | $1,948 | $2,069 |
| Housing costs at the 2021 Census | ||
| Median rent, weeklyAustralia $375 | $350 | $430 |
| Median mortgage repayment, monthlyAustralia $1,863 | $2,000 | $2,167 |
| Who owns and who rents | ||
| Households rentingAustralia 31% | 43% | 54% |
| Owned with a mortgageAustralia 35% | 31% | 22% |
| Owned outrightAustralia 31% | 25% | 22% |
| Types of home | ||
| Separate housesAustralia 72% | 38% | 21% |
| Townhouses, terraces and semi-detachedAustralia 13% | 11% | 8% |
| Flats and apartmentsAustralia 14% | 51% | 70% |
| Homes with two bedrooms or fewer | 53% | 63% |
| Homes with four bedrooms or more | 24% | 15% |
| Dwellings unoccupied on Census night | 8% | 16% |
Source: Australian Bureau of Statistics, 2021 Census (CC BY 4.0). Tenure shares exclude households that did not state their tenure. Dwelling shares are of occupied private dwellings.
Home loan considerations in Clayfield and Hamilton
Lenders treat houses on land, townhouses and apartments differently, and some apply extra conditions to small apartments, high-density buildings or particular postcodes. These are the points each guide raises.
Clayfield
- Upgraders
- First home buyers
- Investors
- The traditional building character overlay can restrict demolition of pre-1947 houses.
- A valuation may assume the existing dwelling remains, which matters if value depends on redevelopment.
- Renovation lending generally requires fixed price contract documentation and staged progress payments.
- Older walk-up unit blocks can carry deferred maintenance that emerges as a special levy.
- Median weekly rent of $350 sat below the national $375, so investor income should be modelled conservatively.
Hamilton
- Downsizers
- Investors
- Upgraders
- Levies on buildings with pools, gymnasiums and concierge services count toward serviceability.
- Lenders cap exposure to a single development, which matters in the Northshore Hamilton precinct.
- Staged delivery of the priority development area can change outlook over a holding period.
- Large individually built houses on the hills give thin comparable evidence for valuations.
- A FloodWise Property Report is important in a suburb running from ridge line to river flat.
Housing stock in Clayfield and Hamilton compared
Clayfield
- Character houses
- Separate houses numbered 1,785 at the 2021 Census, many of pre-1947 construction.
- Older unit stock
- Flats and apartments numbered 2,425, with 2,149 two-bedroom dwellings across the suburb.
- Large family homes
- At the 2021 Census, 681 dwellings had four bedrooms and 441 had five or more.
- Townhouses
- Semi-detached and townhouse dwellings numbered 499, or 10.6 per cent of occupied homes.
Hamilton
- Riverfront apartments
- Flats and apartments numbered 2,921 at the 2021 Census, 70.0 per cent of occupied homes.
- Established houses on the hills
- Separate houses numbered 894, with 645 dwellings of four or more bedrooms across the suburb.
- Townhouses
- Semi-detached and townhouse dwellings numbered 337, or 8.1 per cent of occupied homes.
Official sale price and rent figures for Clayfield and Hamilton
Only figures published free of charge by a government agency are shown. Where none is published the space is left empty rather than filled with an estimate. Each guide charts the full series.
Clayfield
No government agency publishes a free median sale price or rent series for Clayfield, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Hamilton
No government agency publishes a free median sale price or rent series for Hamilton, so none is shown. A broker can supply recent comparable sales for a specific property as part of a free assessment.
Transport, schools and amenities in Clayfield and Hamilton
Clayfield
Transport
- Eagle Junction railway station (train)
- Clayfield railway station (train)
- Transport for Brisbane buses (bus)
- Sandgate Road (road)
Schools and campuses
- Eagle Junction State School (primary, government)
- St Agatha's Primary School (primary, catholic)
- St Rita's College (secondary, catholic)
- Clayfield College (combined, independent)
Amenities
- Kalinga Park
- Sandgate Road shopping strip
- Stanley Hall
- St Mark's Anglican Church
Hamilton
Transport
- Doomben railway station (train)
- Bretts Wharf ferry terminal (ferry)
- Northshore Hamilton ferry terminal (ferry)
- Kingsford Smith Drive (road)
Amenities
- Portside Wharf
- Racecourse Road precinct
- Cameron Rocks Reserve
- Hamilton Library
- Hamilton Park
School listings show name, level and sector only. Enrolment areas change, so confirm eligibility for a specific address with the school or the Queensland education department.
Compare Clayfield or Hamilton with another suburb
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Request a free assessment: Clayfield or Hamilton
An accredited mortgage broker can check your borrowing power against prices in Clayfield and Hamilton, and explain how lenders treat the homes you are considering. The assessment is free of charge and carries no obligation.