SOLD
Sold on 30 May 2024 for $4,455,000

55-57 Hallam South Road
Hallam VIC 3803

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 4044m2
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Property Details for 55-57 Hallam South Rd, Hallam

Building Type
Land
Land Size
4044m2
Local Government
Casey
Lot/Plan
10/LP210498

Last Listing description (June 2020)

This may be your last chance to secure vacant land in Hallam's industrial precinct. Located on a main road, this site is just seconds from the Monash Freeway, Princes Highway as well as being walking distance from Hallam Station and a bus station.

Details:

- 4,102m approx of vacant land
- Great Hallam-South Road exposure.
- Zoned Industrial 1 under the City of Casey
- Excellent access to the highway and freeway
- Past planning permit available for review.

Terms: 10%, balance 30/60 days

Property History for 55-57 Hallam South Rd, Hallam, VIC 3803

A timeline of how this property has performed in the market
Last Sold
$4,455,000
30 May 2024
  • 30 May 2024
    Sold for $4,455,000
  • 09 May 2020
    Sold for $1,870,000
  • 19 Feb 2020
    Listed for Sale $1,900,000.00 ex GST
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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.
There are currently 41 properties listed for sale, and 6 properties listed for rent in Hallam on OnTheHouse. According to CoreLogic's data, 193 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.