2 Weeden Crescent Hallam VIC 3803

3 / 2 / 2 / 651 m2

Here you can find what you need to know about 2 Weeden Crescent , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Hallam, VIC and much more.

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Property Insights

2 Weeden Crescent Estimated Value

$531,000 - $587,000

Note: In a recent product update, Property Value has introduced some changes to the valuation model in which the Estimated Value is generated. This model reflects improvements to the underlying data following a major investment in additional data sources and improvements in the overall scope of CoreLogic data assets. This new model has since affected a property's previous Estimated Value and Estimated Values given prior to the product update may no longer be comparable due to the differing model methodology.

How do we calculate the Estimated Value?
Estimated Values or Automated Value Models (AVMs) are calculated using many different types of property and local market data. No one piece of information or factor alone will determine a property's value. Instead, CoreLogic AVMs use a broad range of data elements, including:
  • Property identifying information including address and/or assessor's parcel number and owner name
  • Prior sales of the property
  • Living area/square metres floor space
  • Year built
  • Number of bedrooms
  • Number of bathrooms
  • Lot size
  • Public record information collected from state and council records, such as deed transfers
  • Recent sales and listings of similar properties in the local market area
  • Area pricing trends
High confidence estimate
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Last sold for $599,000 on 26/07/2019

Sale Type: Unknown

Mortgage
Repayment
$436 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
High confidence
Natural Hazard Risk
Example Only
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 3
Bathrooms 2
Car Spaces 2
Land Size 651 m2
Floor Area 126 m2
House Type House
Council Area Casey
Year Built 1986
Zone General Residential Zone - Schedule 1
Lot/Plan 56/LP203504 Hallam VIC
Property Type House

Last listing description (August 2019)

Attractive home with lots of possibilities
Situated on a 651 sqm corner allotment is this eye-catching rendered home. Boasting 3 bedrooms, master with full ensuite, double garage plus lots of additional parking spaces.

- Once inside you'll be impressed with the level of specification on offer including; quality timber floating floors, roller shutters, full renovation to both bathrooms and the kitchen.
- There is a spacious L shaped lounge/dining and a good-sized family/meals area too. The galley kitchen has a European stainless-steel wall oven, 5 burner hot plates & dishwasher and ample bench and cupboard space.
- The home boasts; gas ducted heating, 2 split system air conditioners, porcelain tiles to both bathrooms & a bay window to the master bedroom which also has a large mirrored robe.
- As well as the 2 bathrooms there is also a powder room and the real show stopper is the access from the family/meals area to a large gabled pergola plus lots of grassed area for the kids and or pets. The elevated position also lends itself to a lovely rural outlook.
- Being on a corner there is the potential to create a 2nd crossover so that you can either park more vehicles or build a shed or boat port. This corner allotment may lend itself to being an ideal unit site in the future STCA and other authorities.

You'll love the position! Just a short drive to Westfield Fountain Gate Shopping Centre, The Hallam Hotel, Hallam Train Station, the enormous local park and within easy access of the Monash Freeway and Bunjil Cultural Centre. This one is a rare gem!

Property Timeline

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Latest Auction Results for Hallam as at 15 December 2019

Property Details
Sale Price
3Bed / 1Bath / -Car / House
$620,000

State Auction Clearance Rates - December 2019

Auctions Clearance rate
VIC 774 74%
ACT 69 57%
NSW 551 68%
NT 3 67%
QLD 166 44%
SA 60 60%
TAS 0 0%
WA 34 32%

Suburb Insights

Hallam, VIC 3803

No data available Part of: Casey Council

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Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 2 Weeden Crescent, including the property sale history and estimated market value as well as insights into Weeden Crescent and Hallam 2 Weeden Crescent Hallam VIC 3803