Profile for Hallam

3802

Hallam is located 34 km south-east of the CBD. Located on Melbourne's south-eastern fringe Hallam has experienced signficant population growth over the last fifteen years. A high proportion (29%) of Hallam's labour force is employed in the manufacturing sector and the area has developed a significant industrial belt in the south-west of the suburb. Hallam also features the Gunn Road Reserve while the Pakenham railway line and Princes Hwy traverse the area.

Median Sale Price

$601k

Metro Melbourne

$822k

Quarterly Price Change

6.7%

Metro Melbourne

2.9%

Median Rent

$350

Metro Melbourne

$420

Rental Yield

3.6%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 75.6%
Days on Market 19 29
Median price by Bedrooms Suburb Metro
2 Bedrooms n/a $860,500
3 Bedrooms $472,500 $697,250
4 Bedrooms $559,500 $806,200

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms n/a $430
3 Bedrooms $350 $400
4 Bedrooms n/a $451

Median Sale Price

$397k

Metro Melbourne

$571k

Annual Price Change

18.5%

Metro Melbourne

7.8%

Median Rent

$310

Metro Melbourne

$305

Rental Yield

4.1%

Metro Melbourne

2.8%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate n/a 75.6%
Days on Market 19 29
Median price by Bedrooms Suburb Metro
1 Bedroom n/a $362,500
2 Bedrooms n/a $539,000
3 Bedrooms $405,000 $730,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom n/a $350
2 Bedrooms $300 $420
3 Bedrooms $330 $500

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