Melbourne south east ยท VIC 3803
Buyers agent in Hallam
Under $900,000, 5.55% a year for a decade, and a 1.01% vacancy rate. Not many suburbs do all three.
Figures below are August 2026, suburb level, all bedroom counts. Full Casey council report.
The Hallam numbers
Houses
$853,492
Typical price
$565
Weekly rent
3.44%
Gross yield
+5.5%
Growth a year, 10yr
+7.4%
Growth, last 12mth
160
Sales a year
Units
$629,615
Typical price
$508
Weekly rent
4.20%
Gross yield
+5.4%
Growth a year, 10yr
+7.6%
Growth, last 12mth
53
Sales a year
Vacancy rate 1.01% across roughly 5,362 dwellings. HtAG Analytics, suburb level, all bedroom counts. Typical price is a modelled estimate, not a median of recent sales.
The honest read
What I'd tell you over a coffee
Hallam vacancy is 1.01%. That is the tightest rental market on this entire list.
House growth of 5.55% a year over ten years, and 7.44% in the last twelve months, at a typical price of $853,492.
Rent has grown 4.98% a year over the decade. So the rent works, the capital works, and the property is almost never empty. That combination is rare and it is the reason this page is worth reading.
The units have done nearly as well at 5.43% a year on a 4.20% yield, though the market is small at 53 sales a year and the figures carry a Medium confidence rating.
160 house sales a year across about 5,362 dwellings. Small suburb, steady turnover.
Casey reads at peak on the Momentum Dial as at July 2026, so this is not an early call.
Who Hallam suits
Investors who want growth and a tight rental market in the same purchase, and first home buyers after a house under $900,000 within reach of the Monash and the Princes.
What I'd watch
It is a small suburb wedged between much bigger ones. Make sure you are buying Hallam and not the industrial edge of it, because that difference shows up at resale.
How I work
- Flat $20,000 fee, whatever you buy and wherever it is
- No commissions from agents, developers or builders
- I'll tell you when a suburb doesn't stack up, including this one
Fair questions
Buying in Hallam, answered
Why does nobody talk about Hallam?
Because it does not sound like anything. It is not a beach suburb or a blue chip name, and it has quietly done 5.55% a year for a decade while a lot of famous postcodes did nothing. That is usually how it works.
Is it too late?
Casey sits at peak on the cycle as at July 2026 and Hallam did 7.44% in the last twelve months, so you are not early. The 1.01% vacancy rate is what makes it still worth a look.
What does a house cost in Hallam?
About $853,492 as at August 2026, on roughly 160 sales a year. Units sit near $629,615 on about 53 sales, and that unit figure carries a Medium confidence rating because the sample is small.
Other Melbourne suburbs
Same treatment, same data, different answer in every one of them.
- Truganina
- Craigieburn
- Blairgowrie
- Langwarrin
- Coburg
- Glenroy
- Moonee Ponds
- Altona
- Murrumbeena
- Yarraville
- Brighton East
- Beaumaris
- Brunswick
- Blackburn
- Doncaster
- Highett
- Black Rock
- Seddon
- Balwyn
- Port Melbourne
- Ringwood
- Ripponlea
- Sandringham
- Fitzroy
- Caulfield
- St Kilda
- Malvern
- East Melbourne
- Brighton
- Hawthorn East
- Balaclava
- Hawthorn
- Malvern East
- Box Hill
- South Yarra