Hallam at a glance
11,891
People
$811,000
Median sale
$569/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
VIC › Hallam › Spice Rise
$680,000
Last sold
7 July 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
709 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$680,000
7 July 2025 · derived via latest_sale
Local land rate: recorded House sales in Hallam (last 5 years) with land size have a median of $1,207/m² of land (n=85). Districts calculation from recorded sales — not a valuation.
Hallam at a glance
11,891
People
$811,000
Median sale
$569/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Vs Hallam
-16.2%
Median sale
Suburb $811,000
+0.70 pp
Gross yield
Suburb 3.65%
Suburb median $811,000 from 66 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $569/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Hallam at a glance
11,891
People
$811,000
Median sale
$569/wk
Median rent
3.65%
Suburb gross yield
Median sale from 66 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Greenview Real EstateNeat as a pin and generously sized, this 3-bedroom, 1-bathroom home presents the perfect opportunity for first home buyers, growing families, or investors looking to renovate or redevelop (STCA). Situated on an impressive 709m² of land and located in close proximity to endless amenities, this is an opportunity not to be missed.
A huge green lawned front yard welcomes you into this home and provides good insight into the outdoor space this on offer. A 4-car space concrete driveway allows for plenty of off-street parking, while the garden space acts as an additional yard space for the kids to enjoy. The enormous backyard is a huge feature of this home and would be the dream backyard for many families; the options are endless, from installing your very own pool, to building a rear unit (all STCA) to secure an additional income stream, there is plenty of space to make it your own.
Heading inside the home, roomy dimensions carry throughout. All bedrooms are generous in size and completed with plenty of storage options, while the family bathroom is functional and light-filled via a stunning large window.
The open plan main living and dining zones are truly expansive. Low maintenance tiling carries throughout and the ultra high ceilings add a sense of spaciousness and grandeur. Beautifully linking to the kitchen, with plenty of cabinetry, this living space will act as the ideal family or entertainment hub.
Sliding doors lead you from the living zone out to the jaw-dropping fully enclosed alfresco. Absolutely mammoth in size, timber decked, enclosed with glass windows, and enjoying panoramic views of the dreamy backyard, this brilliant space is the ultimate zone for entertaining family and friends, or for simply sitting out in and admiring your outdoor oasis.
Features include:
• Huge 709m² block in ultra convenient location
• Roomy bedrooms with convenient storage options
• 4-car space concreted driveway and side access
• Spacious kitchen with plenty of light and an abundance of cabinetry
• Jaw dropping enclosed alfresco with full timber decking and window surrounds
• Established green lawned front and backyards
• Low maintenance tiled and timber look flooring throughout
• Brilliant investment opportunity with the potential to renovate, redevelop or add a second dwelling (all STCA)
• Ducted heating and split system cooling throughout
Conveniently located in an established locale, this lovingly cared for family home is close to Westfield Fountain Gate featuring a variety of major retailers like Myer and Big W, Ken Browne Reserve, Coles, Fountain Gate Primary School, Fountain Gate Secondary College, Dandenong Valley Special Developmental School, a huge variety of shops and shopping precincts, restaurants and cafes, medical centres, and Hallam train station for an easy commute to work.
Presenting endless opportunities to a variety of buyers, this property must be inspected. Contact Sorush Nazari on 0469 359 064 to schedule a viewing today.
Listing description written by Sorush Nazari, Greenview Real Estate — reproduced as published, not verified by Districts.