Suburb Profile Report for Hallam VIC (3803)

Hallam House: Median price $580,000, Annual capital growth 5.25%, Number of sales 97, Weekly median advertised rent $380

Hallam Unit: Median price $468,000, Annual capital growth 5.50%, Number of sales 33, Weekly median advertised rent $340

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Hallam is in the bottom 40% in VIC when comparing median price capital growth over the last year. Hallam gave property investors a disappointing capital gain figure when compared to the rest of the state, with 4.50%.

Comparing Hallam,3803 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -2.79% to buyers in Hallam at the moment, which is less than average for the rest of VIC.

Property investors should expect to get $380 weekly from the median priced house in this suburb.

Over the last year, property investments in Hallam, 3803 have given investors a capital gain of 11.43%. This compares favourably with the 6.99% for VIC as a whole.

Across a shorter period, Hallam, 3803 has seen a median price increase of 8.08% over the last quarter.

Renters in Suburb are facing rents around $17680 per annum or $340 every week.

Metrics i HOUSE UNIT
$580,000 $468,000
3.57% 8.08%
4.50% 11.43%
5.25% 5.50%
$380 $340
97 33
3.41% 3.78%
56.6865671641791 105.5

Source: Monthly data update for Nov 2020 as supplied by CoreLogic. Data is reported to the period ending Aug 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 10161
Median household income ($/weekly) 1158
Median age of persons 35
Median housing loan repayment ($/monthly) 1573
Average household size 3
  • Census Count Percent(%)
    5-14 years 1265 12.4
    25-34 years 1490 14.7
    35-44 years 1327 13.1
    45-54 years 1487 14.6
    55-64 years 1156 11.4
    Others 3437 33.8
    Age Group
    Census Count Percent(%)
    Registered Married 4026 53.1
    Not Married 3167 41.8
    Defacto Relationship 389 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 4663 47.9
    Indonesia 540 5.5
    Sri Lanka 514 5.3
    United Kingdom 317 3.3
    Other 1671 17.1
    Others 2039 20.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 616 6.5
    Christianity 5545 58.2
    Hinduism 323 3.4
    Islam 1358 14.3
    No Religion 1404 14.7
    Others 279 2.9
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 340 11.7
    $800-$999 301 10.4
    $1,000-$1,249 324 11.2
    $1,500-$1,999 422 14.6
    $2,000-$2,499 303 10.4
    Others 1210 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2983 38.0
    Not in the labour force 2955 37.7
    Employed, worked part-time 1226 15.6
    Unemployed, looking for work 407 5.2
    Employed, away from work 273 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 546 12.2
    Technicians & trades workers 746 16.7
    Clerical & administrative workers 707 15.8
    Machinery operators & drivers 586 13.1
    Labourers 634 14.2
    Others 1259 28.1
    Occupation
    Census Count Percent(%)
    Pre-school 139 5.9
    Infants/Primary 723 30.9
    Secondary 750 32.1
    Technical or Further Educational Institution 288 12.3
    University or other Tertiary Institutions 329 14.1
    Others 109 4.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8454 87.7
    Semi-detached, row or terrace house, townhouse 703 7.3
    Flat, unit or apartment 482 5.0
    House or flat attached to a shop, office 5 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1508 48.0
    Fully owned 917 29.2
    Rented 691 22.0
    Other tenure type 25 0.8
    Tenure Type
Census 2011, ABS
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