1/76-78 Hallam South RoadHallam VIC 3803
Property Details for 1/76-78 Hallam South Rd, Hallam
Last Listing description (August 2014)
Lifetime Investment Opportunity! 8% Return For 7 Years!
This is a sale and leaseback opportunity that will not last long in this currently local strong investment market.
The property itself is 846sqm of floor area, modern tilt panel construction with three roller shutter doors, plenty of car parks and a significant rear yard area.
Contracts are ready to go, first in best dressed!
Property History for 1/76-78 Hallam South Rd, Hallam, VIC 3803
- 26 Jun 2024Sold for $2,450,000
- 08 Sep 2014Sold for $1,310,000
- 14 Aug 2014Listed for Sale Not Disclosed
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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 5,896 properties. Over the last 5 years, Houses in Hallam have seen a 32.18% increase in median value, while Units have seen a 28.79% increase. As at 31 October 2024:
- The median value for Houses in Hallam is $755,186 while the median value for Units is $515,110.
- Houses have a median rent of $530 while Units have a median rent of $500.
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