SOLD
Sold on 02 Aug 2024 for $1,111,000

5/16-28 Melverton Drive
Hallam VIC 3803

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 90m2
Land area: 437m2
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Property Details for 5/16-28 Melverton Dr, Hallam

Building Type
Commercial
Year Built
1990
Floor Size
90m2
Land Size
437m2
Local Government
Casey
Lot/Plan
5/SP31403

Property History for 5/16-28 Melverton Dr, Hallam, VIC 3803

A timeline of how this property has performed in the market
Last Sold
$1,111,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $1,111,000
  • 01 Jul 2007
    Sold for $200,000
  • 21 Feb 1989
    Sold for $245,000

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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 5,893 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.
There are currently 38 properties listed for sale, and 6 properties listed for rent in Hallam on OnTheHouse. According to CoreLogic's data, 191 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.