OFF MARKET

73-75 Nettle Drive
Hallam VIC 3803

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1968m2
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Last updated 16 Sep 2024
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Property Details for 73-75 Nettle Dr, Hallam

73-75 Nettle Dr, Hallam is a 0 bedroom, 0 bathroom House and was built in 1976. The property has a land size of 1968m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
House
Year Built
1976
Land Size
1968m2
Local Government
Casey
Lot/Plan
1/LP221329

Last Listing description (February 2024)

For an astute investor or a developer looking for their next project, this approx 1967m2 property is conveniently located.

With unhindered views of the Dandenong Ranges, these townhouses will be popular amongst buyers.

Other development opportunities include Medical Clinic, Aged Care home, or even a Child Care facility (STCA).

Don't wait as such profitable projects are rare to come by.

Located steps from a park, and a short stroll to the local corner store, you're within minutes of the freeway, Westfield Shopping Centre, Princes Hwy, and Fountain Gate. Expired plans and permits availiable for requast.

Only minutes to a variety of primary and secondary schools including Hallam Senior College, this is a definitely family-friendly location

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Property History for 73-75 Nettle Dr, Hallam, VIC 3803

A timeline of how this property has performed in the market
Last Sold
$1,080,000
22 Oct 2019
  • 22 Oct 2019
    Sold for $1,080,000
  • 18 Jul 2018
    Listed for Sale $1,450,000
  • 19 Feb 2016
    Listed for Sale $425,000
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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 5,880 properties. Over the last 5 years, Houses in Hallam have seen a 38.56% increase in median value, while Units have seen a 21.09% increase. As at 31 August 2024:

  • The median value for Houses in Hallam is $765,397 while the median value for Units is $516,334.
  • Houses have a median rent of $530 while Units have a median rent of $470.
There are currently 36 properties listed for sale, and 6 properties listed for rent in Hallam on OnTheHouse. According to CoreLogic's data, 203 properties were sold in the past 12 months in Hallam.

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