If you compare the increase in value of investment property in Hallam, 3803 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 14.31%.
Taking the average capital gain, or increase in median house value, Hallam,3803 has racked up an average of 14.31% over the period. This ranks it number 3329th in the whole country for real estate investors looking at median house price increases.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.08% offered to property buyers. Sellers in Hallam itself are offering an average vendor discount of -2.31% to real estate investors.
The VIC suburb of Hallam, 3803 is in the Casey (C) local government area.
With a capital gain of 12.79% for the last 12 months, Hallam, 3803 has performed for property investments than its average annual 4.79% 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
LACK OF BUYER INTEREST may well be the reason that Hallam is offering property investors an average of -4.19. This rate of discount on properties puts Suburb at number 33th in terms of most discounted suburbs in VIC
With the median price for a house in Hallam being $494000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.79%