Property investors who have had real estate in Hallam, 3803 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.56%
Over the longer term, Hallam has seen property prices show investors a 25.22% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -9.69% to buyers in Hallam at the moment, which is less than average for the rest of VIC.
With a capital gain of -2.33% for the last 12 months, Hallam, 3803 has performed for property investments than its average annual 4.71% 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
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.31% offered to property buyers. Sellers in Hallam itself are offering an average vendor discount of -9.37% to real estate investors.
Often selling an investment property can take time, and in Hallam the average time real estate has been on the market is 65.36 days.
Hallam, 3803’s gross rental yield is 4.33%