Investment property in Hastings has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.11%
While Hastings,3915 ranked number 401th in VIC for increase in median house value (annualised) increase, it is ranked 458th over the last 5 years.
Hastings, 3915 is offering VIC ‘s 467th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.
Often selling an investment property can take time, and in Hastings the average time real estate has been on the market is 55.61 days.
Advertised rents are around the $335 mark per week – giving a return of 4.35% based on the median price in Suburb
VIC has seen average median house prices change by 2.98% which means that Hastings, 3915 has done well for property investors by showing a capital gain of 5.00% over the last year
Across a shorter period, Hastings, 3915 has seen a median price increase of -1.77% over the last quarter.
Property buyers and investors in Hastings 3915 should be seeing an average reduction in asking price of around -5.34% . This means that Hastings is holding prices well when compared to other suburbs in VIC.
Situated 57.36km from the CBD, Hastings is one of Mornington Peninsula localities in the postcode 3915.