FOR RENT
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5 Craven Court
Hallam VIC 3803

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 552m2
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Prime Industrial Opportunity in Hallam

Availability: From 7 October 2024
Strategically Located:
Position your business for success just minutes away from Princes Hwy and Monash Freeway. This versatile multi-purpose site offers convenience, functionality, and a prime location in the heart of Hallam's industrial precinct
Property Features Include:
• High clearance warehouse
• Two-level carpeted/tiled offices
• Air-conditioned/heated office
• Ground Level Office/Foyer
• Gated security
• Good staff amenities
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Property Details for 5 Craven Ct, Hallam

Building Type
Commercial
Floor Size
552m2

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About Hallam 3803

The size of Hallam is approximately 8.3 square kilometres. It has 30 parks covering nearly 6.4% of total area. The population of Hallam in 2011 was 10,161 people. By 2016 the population was 10,867 showing a population growth of 6.9% in the area during that time. The predominant age group in Hallam is 20-29 years. Households in Hallam are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hallam work in a trades occupation. In 2011, 74.8% of the homes in Hallam were owner-occupied compared with 71.6% in 2016.

Hallam has 5,880 properties. Over the last 5 years, Houses in Hallam have seen a 38.56% increase in median value, while Units have seen a 21.09% increase. As at 31 August 2024:

  • The median value for Houses in Hallam is $765,397 while the median value for Units is $516,334.
  • Houses have a median rent of $530 while Units have a median rent of $470.
There are currently 36 properties listed for sale, and 6 properties listed for rent in Hallam on OnTheHouse. According to CoreLogic's data, 206 properties were sold in the past 12 months in Hallam.

Suburb Insights for Hallam 3803

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Antonio Di Petta
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Di Petta Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.