FOR SALE
CORNER BLOCK $700,000 - $770,000

38 Charles Avenue
Hallam VIC 3803

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 722m2
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PRIME CORNER DEVELOPMENT SITE (STCA)!

Century 21 Property Specialists are proud to Introduce this magnificent investment with development potential, set on a large 722sqm corner block in a prime Hallam location.
This rare offering presents an exciting opportunity for investors, or developers to redevelop the site into multi townhouses or business premise (STCA).
- Land size 722sqm approximately, huge frontage 26 meters
- Nicely elevated corner allotment
- The house consist of open plan living and kitchen meals area
- Featuring 3 spacious bedrooms
- Well appointed main bathroom, separate laundry
- Front verandah and enclosed covered patio
- Great space for multiple vehicles, single steel garage and good sized rear yard
Perfectly situated within a short stroll to Hallam Primary and Secondary Schools, Hallam Square shopping precinct and easy access to both the Monash Freeway and Princes Highway, convenience is right at your doorstep. This property presents an outstanding opportunity, whether you're looking to redevelop the site into multiple units or townhouses or dream of building your perfect family home (subject to council approval).
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Property Details for 38 Charles Ave, Hallam

38 Charles Ave, Hallam is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 722m2. The place is currently for sale with CENTURY 21 Property Specialists.

Building Type
House
Land Size
722m2

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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 5,910 properties. Over the last 5 years, Houses in Hallam have seen a 31.22% increase in median value, while Units have seen a 33.40% increase. As at 30 November 2024:

  • The median value for Houses in Hallam is $758,858 while the median value for Units is $534,746.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 39 properties listed for sale, and 4 properties listed for rent in Hallam on OnTheHouse. According to CoreLogic's data, 201 properties were sold in the past 12 months in Hallam.

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