38 Albert Road, Hallam, VIC, 3803

5 Bedroom with Development Potential on 726M2 

House
Type
5
Bedrooms
2
Bathrooms
4
Parkings

Last updated on Wednesday, March 11, 2026 ( See property details for 38 Albert Road, Hallam, VIC, 3803)

$770,000 - $840,000

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A versatile family home on a large, level block with exciting development potential in a highly convenient location.

🏡 Property Highlights

  • Outstanding development potential on a level 726m² allotment (STCA).
  • Versatile two-level layout with five bedrooms and multiple living areas.
  • Large garage with additional shedding, ideal for entertaining or storage.
  • Expansive, flat backyard perfect for future development or family activities.
  • Convenient location close to shopping centres, schools, and transport links.
  • Cost-saving solar panels and recent upgrades including a gas hot water system.

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Shed
  • Waterfront / Views
  • Solar Panels
  • Split System Air Conditioning
  • Ceiling Fans
  • Security Screens / Gates

Hallam is a vibrant suburb offering excellent amenities, including shopping centres, schools, and transport links. It is undergoing ongoing redevelopment, making it an ideal location for investors and families alike. The area boasts a strong community feel, with easy access to major roads and public transport. Residents enjoy a mix of established homes and future development opportunities. Proximity to major retail hubs like Fountain Gate Shopping Centre enhances convenience and lifestyle options.

What are the potential uses for the large flat backyard?
The expansive backyard offers excellent potential for future development, outdoor entertaining, or creating a family-friendly space for children and pets.
Is the property suitable for multi-generational living?
Yes, the versatile layout with five bedrooms and two bathrooms makes it ideal for larger families or multi-generational living arrangements.
What are the current upgrades and features of the property?
The property includes cost-saving solar panels, a recently replaced gas hot water system, roller shutters on some windows, and a large garage with a polished concrete floor.
How accessible is the property to local amenities?
The property is conveniently located just metres from Spring Square Shopping Centre, within walking distance to schools, and offers easy access to buses, Hallam Train Station, and the M1 Freeway.
What are the development possibilities for this site?
Subject to council approval (STCA), the level 726m² allotment allows for renovation, retaining the existing dwelling, or redeveloping the site with multiple townhouses.
Are there any planning restrictions or zoning regulations that could affect redevelopment plans? Has the property been affected by any flooding or bushfire risks? Are there any easements or covenants on the land that could impact future development? What are the strata or body corporate considerations, if applicable? Are there any upcoming construction or planning activities nearby that could affect the property? What are the potential hidden costs associated with renovating or developing the site? Has the property had any structural issues or defects that require attention? Are there any noise or neighbour-related concerns in the area? Is the property compliant with all local building codes and regulations? What are the long-term plans for the surrounding neighbourhood that could influence property value?

38 Albert Road, Hallam, VIC, 3803 - More Details

5 Bedroom with Development Potential on 726M2 

Type
House
Bedrooms
5
Bathrooms
2
Parkings
4

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