Property value increases in Hallam have tracked close to the VIC average of 7.68% over the last 12 months.
Taking the average capital gain, or increase in median house value, Hallam,3803 has racked up an average of 8.33% over the period. This ranks it number 1370th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -1.15% to buyers in Hallam at the moment, which is less than average for the rest of VIC.
Residents and property investors in Hallam have been waiting around 40.31 days to sell a property.
Advertised rents are around the $350 mark per week – giving a return of 4.00% based on the median price in Suburb
With a capital gain of 6.08% for the last 12 months, Hallam, 3803 has performed for property investments than its average annual 4.13% property growth over the last 5 years.
Comparing Hallam,3803 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Hallam, 3803 is offering VIC ‘s 283th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.
On average over the past year, suburb has had 2.75 sales per month, which equates to 33 per year.
Hallam, 3803’s gross rental yield is 4.74%