Sell My Home in Hallam?
On February 5th, 2020, the median price for a house in Hallam was $555,000. A median-priced unit is $485,000. There has been 111 homes and 28 units sold this year. The annual capital growth for homes is 5.84% and units is 4.16%. The 12-month capital growth is -12.74% on houses and -7.09% for units. The DSR rating has homes as above average and units or apartments at good. This translates to there being more demand than supply. Vendors are usually getting the price they are asking for. As an investment expect the capital growth to trend ahead of the national average.
House prices and rent returns in Hallam.
- 3 bedroom home $530,500 Rent per week $370
- 4 bedroom home $588,500 Rent per week $395
Unit prices and rent returns in Hallam.
- 2 bedroom unit $376,000 Rent per week $320
- 3 bedroom unit $427,500 Rent per week $380
Gross rental yield for a house is 3.56%. And for units, it is 4.56%
Free Real Estate Appraisal Hallam
Do you want to sell your home in Hallam? Or do you want to know how much your property is worth? Our agents offer free real estate appraisals on homes, units and land. In the past year, we have sold over 15 properties in Hallam. Our appraisers carefully arrive at a price that is determined by the property’s location to schools, shops, amenities and public transport. Also factored into our appraisal is the size of the property and current sales history. We will walk you through how we arrive at our price.
Rental Appraisal Hallam
Do you have an investment property you wish to rent? Or, do you want to rent out your home? Appraising the potential rent return on a home varies marginally from a house appraisal that is for sale. The difference being the landlord owns the property and has an investment in the type of tenant that holds the lease. We carefully screen each tenant and make it clear there is a level of care that must be maintained. Our property management team currently manages over 3500 properties.
Hallam Suburb Profile
Recent Sold Homes in Hallam
View our list of recently sold homes in Hallam. Our database of sales shows houses and units sold in the past year.
Lifestyle in Hallam
Hallam is located 34 kilometres from the central business district of Melbourne in the south east. The Pakenham line runs through the Hallam Railway station. The 2011 census had 10162 residents registered in Hallam. The M1 motorway runs along the northern edge. To the east is the Westfield Fountain Gate shopping complex with over 320 stores.
Schools in Hallam
There are 2 schools in Hallam.
- Hallam Primary School Co-educational
- Hallam Senior Secondary College Co-educational