Hallam, 3803 ranked 128th in VIC when comparing growth in median property values or capital gain over the last 12 months. Hallam is one of 2098 in our list for VIC
The five-year average increase in median property values for Hallam,3803 has given property investors a potential capital gain of 44.04% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Hallam is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 107th in terms of most discounted suburbs in VIC
Residents and property investors in Hallam have been waiting around 32.56 days to sell a property.
Hallam, 3803’s gross rental yield is 3.50%
Property investors who have had real estate in Hallam, 3803 should be ok 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 4.62%
Taking the average capital gain, or increase in median house value, Hallam,3803 has racked up an average of 4.62% over the period. This ranks it number 572th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Hallam are currently offering property investors an average price cut of -3.09% below the asking price at the moment.
Hallam is 117th on a list of best yielding suburbs for rents in VIC with a 4.66% return