If you compare the increase in value of investment property in Hallam, 3803 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 12.18%.
If we look at median property appreciation over just the last three months, Hallam has given property investors a paper return of 6.26%. This puts Suburb as 76 on a list of fastest fasting appreciating suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.87% offered to property buyers. Sellers in Hallam itself are offering an average vendor discount of -1.67% to real estate investors.
On average over the past year, suburb has had 11.67 sales per month, which equates to 140 per year.
Investment property in Hallam has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.00%
Hallam,3803 has offered an average of 8.00% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Hallam is giving property investors an average Vendor Discount of around -3.14%. This puts suburb at number 282th in VIC when ranking the most discounted suburbs.