OFF MARKET

1 Philip Road
Hallam VIC 3803

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 744m2
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Property Details for 1 Philip Rd, Hallam

1 Philip Rd, Hallam is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 744m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
House
Year Built
1960
Land Size
744m2
Local Government
Casey
Lot/Plan
25/LP50380

Last Listing description (November 2023)

Discover the ultimate investment gem - a stunning house with 3 beds and 1 bath, PLUS selling with plans and permits for 4 luxurious townhouses!

Welcome to the future of real estate success - a property that offers the best of both worlds. This beautifully maintained house boasts three spacious bedrooms, providing a comfortable and cozy living space that feels like home from the moment you step inside. The one well-appointed bathroom ensures convenience and practicality for all.
But that's not all! The true value of this property lies in its incredible potential for maximized returns. Plans and permits have already been secured for FOUR townhouses, each thoughtfully designed with FOUR bedrooms, ensuring maximum rental income and capital appreciation.

Imagine the possibilities! With individual driveways for each townhouse, you can offer tenants the luxury of privacy and exclusivity while reaping the benefits of multiple income streams. Whether you decide to rent out all four townhouses or sell them for a substantial profit, this investment opportunity is an absolute game-changer!

Perfectly positioned in a thriving neighbourhood with excellent amenities and easy access to schools, shopping, and transportation, this property promises an unparalleled investment journey for savvy entrepreneurs and seasoned investors alike.

Don't miss out on this golden ticket to success in the real estate market! Seize the opportunity to secure your financial future now. Contact us today to schedule a private tour and witness firsthand the boundless potential that awaits you!
Unlock your real estate fortune with this once-in-a-lifetime property. Invest wisely, invest now!

Property History for 1 Philip Rd, Hallam, VIC 3803

A timeline of how this property has performed in the market
Last Sold
$750,000
27 Apr 2022
Listed for Rent
$320/w
12 Apr 2019
  • 07 Aug 2023
    Listed for Sale $880,000 - $930,000
  • 27 Apr 2022
    Sold for $750,000
  • 24 Mar 2022
    Listed for Sale $740,000-$800,000
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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 5,868 properties. Over the last 5 years, Houses in Hallam have seen a 33.61% increase in median value, while Units have seen a 36.70% increase. As at 30 September 2024:

  • The median value for Houses in Hallam is $754,350 while the median value for Units is $514,009.
  • Houses have a median rent of $540 while Units have a median rent of $490.
There are currently 33 properties listed for sale, and 13 properties listed for rent in Hallam on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Hallam.

Suburb Insights for Hallam 3803

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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.