Property investors who have had real estate in Hallam, 3803 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 20.09%
The five-year average increase in median property values for Hallam,3803 has given property investors a potential capital gain of 48.61% across each of those five years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Hallam itself are offering an average vendor discount of -7.14% to real estate investors.
Residents and property investors in Hallam have been waiting around 32.96 days to sell a property.
Advertised rents are around the $360 mark per week – giving a return of 3.50% based on the median price in Suburb
Hallam has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 3.99% to date .
While Hallam,3803 ranked number 55th in VIC for increase in median house value (annualised) increase, it is ranked 159th over the last 5 years.
Hallam3803 is located in VIC which offers an average discount of -4.68% to property investors. Hallam itself is showing figures that indicate -3.27% is the average achievable by property buyers investing in the suburb.
In the last year 38 properties changed hands in Hallam, which puts it as the 221th most active market in VIC when comparing the number of sales per suburb.