Property value increases in Hastings have tracked close to the VIC average of 7.68% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Hastings comes in at number 418th in VIC.
At number 402th of VIC’s most discounted properties, Hastings is in the TOP 40% of the state/territory when listing in order of most discounted to least.
In the last year 191 properties changed hands in Hastings, which puts it as the 114th most active market in VIC when comparing the number of sales per suburb.
Hastings, 3915’s gross rental yield is 4.40%
At number 812th in the list of Australian suburbs ordered by increase in median house value over the last year, Hastings, 3915 is in the top half with a property value increase of 3.39% recorded in median house prices.
Hastings,3915 was ranked 934 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Hastings is offering property investors an average of -5.14. This rate of discount on properties puts Suburb at number 145th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 5.92 sales per month, which equates to 71 per year.
Hastings, 3915’s gross rental yield is 4.77%