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VIC › Hallam › Albert Rd

38 Albert Rd, Hallam VIC 3803

House

$816,000

Last sold

7 Apr 2026

5

Bedrooms

2

Bathrooms

4

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $816,000 (7 Apr 2026).(Recorded sale)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$816,000

7 Apr 2026 · derived via latest_sale

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.

See the full Hallam report →

Vs Hallam

+0.6%

Median sale

Suburb $811,000

-0.02 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$816,0007 Apr 2026
  2. Listedprice unknowncompleted10 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Hallam in one glance

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.

See the full Hallam report →

Keep researching

  • Why Hallam? Read the area thesis →
  • What else is on the market in Hallam →
  • Other records on Albert Rd →

Listing material

Listed by First National Real Estate Hall & Partners Dandenong

5 Bedroom with Development Potential on 726M2

Offered to the market for the first time in more than 50 years, this much-loved family home presents an outstanding opportunity for homeowners, investors and developers alike.

Set on a level and flat 726m² allotment (approx.) with 4m apporx driveway clearance, the property offers endless possibilities for the future (STCA). Renovate and enjoy the existing home, retain the dwelling and build at the rear, redevelop the site with multiple townhouses, or start fresh and create your dream home – the choice is yours.

While the home is showing its age and ready for a refresh, it offers a solid base for renovation with generous accommodation across two levels. A versatile layout suited to growing families or savvy investors. Downstairs features a central lounge room, adjoining dining area and timber kitchen, along with three bedrooms with built-in robes, a bathroom and separate toilet. Upstairs provides additional flexibility with a study area, two further bedrooms, and an ensuite-style bathroom with toilet, making it ideal for larger families or multi-generational living. Comfort is ensured with ducted heating and split system air conditioner on both levels.

Read the full description

One of the property’s standout features is the large garage, finished with a polished concrete floor and lined ceiling, equipped with its own gas oven and cooktop. Used as an additional living zone, it creates the perfect rumpus or entertaining space, with extra shedding behind for storage.

A long driveway and large carport provide ample vehicle accommodation, while the full-length rear pergola offers plenty of undercover space for outdoor gatherings.

The expansive backyard is the true highlight – a rare, level, flat, blank canvas, ideal for future development with minimal site costs or simply a fantastic space for children and pets to enjoy. Additional extras include cost-saving solar panels, roller shutter on some windows and a recently replaced gas hot water system. Positioned in a street brimming with redevelopment activity, the property enjoys a superbly convenient location just metres from Spring Square Shopping Centre, short walk to Hallam Primary School and Hallam Secondary College with easy access to local buses, Hallam Train Station and the M1 Freeway make the daily commute a breeze. Fountain Gate Shopping Centre or Dandenong Central are both only a short drive away also.

A rare opportunity combining 5 bedrooms, 2 bathrooms, a large level block and exciting development potential – this is a future money maker not to be missed. Inspect today and explore the possibilities.

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties are advised to carry out their own investigations, and should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Listing description written by Ari Oinonen, First National Real Estate Hall & Partners Dandenong — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.