5 Elder CloseHallam VIC 3803
Property Details for 5 Elder Cl, Hallam
5 Elder Cl, Hallam is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1987. The property has a land size of 654m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (June 2023)
Harcourts Dandenong is proud to introduce this incredibly well maintained 3 bedroom home in an amazing court location in Hallam. Whether you are looking for a home to live in or are a savvy investor, this one will impress you!
This property features:
- 3 bedrooms with BIR's
- Undercover alfresco area in backyard
- Large carport with extra parking in the driveway
This property has a great layout that is perfect for the growing family inside and outside. From the moment you enter the home, you will notice that it has been built and maintained to a high standard. As this property is located in a court, there is very little traffic making it perfect for the kids.
Located within a short drive to Hallam Shops, Fountain gate shopping centre or a 10-minute drive to Dandenong Plaza, you have many different options for shopping.
For those needing to commute to and from work, we are very close to the Monash freeway entrance and Princes highway.
Investor, this property has a potential rental return of $450 per week. Due to the wide driveway and large backyard space, there is potential to do a subdivision and building a townhouse/unit in the back while keeping the front property as it is (STCA).
There's nothing else you could possibly need!
Don't hesitate and organize an inspection today to avoid disappointment
0421 216 667 before it is sold!
Property History for 5 Elder Cl, Hallam, VIC 3803
- 24 May 2023Sold for $620,000
- 18 Oct 2022Listed for Sale $600,000-$660,000
- 15 Oct 2005Sold for $195,200
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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 5,884 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.
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