220-240 Princes HighwayHallam VIC 3803
Property Details for 220-240 Princes Hwy, Hallam
Last Listing description (August 2020)
Cameron is pleased to present the opportunity to purchase 220-240 Princes Highway, Hallam for Sale.
220-240 Princes Highway, Hallam is one of the last substantial residential infill sites left in Hallam and presents a tremendous opportunity for the astute purchaser! With an allotment size of almost 30,000m2, prime position on Princes Highway, and the availability to sub-divide and develop into a number of different uses, a rare parcel of this magnitude and quality doesn't become available very often.
220-240 Princes Highway, Hallam is located within the boundaries of The City of Casey, which happens to be Victoria's largest and fastest growing municipality and is expected to grow in population by 54% by 2041. Being a premium location in the South Eastern suburbs and surrounded by major arterials such as the Monash Freeway, South Gippsland Highway, Eastlink, and Princes Highway, this becomes an obvious choice for development given the convenience. The land is zoned General Residential 1 and has 193m of Princes Highway frontage.
220-240 Princes Highway, Hallam offers the following key attributes:
- Substantial allotment of some 29,946m2
- 193m of Princes Highway frontage
- Potential to re-design to a 93 lot subdivision (STCA)
- Fantastic exposure to thousands of passing motorists
- 35km to Melbourne CBD
** Please request a copy of our residential development concept plan by KLM Spatial **
Further information and inspection times are available upon request by contacting the exclusive agents.
Property History for 220-240 Princes Hwy, Hallam, VIC 3803
- 13 Jul 2020Sold for $12,000,000
- 21 Nov 2019Listed for Sale Contact Agent
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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 2016 was 10852 people. By 2021 the population was 11355 showing a population growth of 4.6% 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 2021, 70.50% of the homes in Hallam were owner-occupied compared with 71.60% in 2016.
Hallam has 5,976 properties. Over the last 5 years, Houses in Hallam have seen a 28.57% increase in median value, while Units have seen a 29.49% increase. As at 31 January 2026:
- The median value for Houses in Hallam is $820,029 while the median value for Units is $582,998.
- Houses have a median rent of $560 while Units have a median rent of $510.
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