Over the last year, property investments in Hastings, 3915 have given investors a capital gain of 8.57%. This compares averagely with the 8.13% for VIC as a whole.
Across a shorter period, Hastings, 3915 has seen a median price increase of 1.33% over the last quarter.
Property buyers and investors in Hastings 3915 should be seeing an average reduction in asking price of around -5.26% . This means that Hastings is holding prices well when compared to other suburbs in VIC.
With the median price for a house in Hastings being $380000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 4.38%
VIC has seen average median house prices change by 3.56% which means that Hastings, 3915 has done well for property investors by showing a capital gain of 5.17% over the last year
Comparing Hastings,3915 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Hastings is $305000, with sellers offering an average of -5.95% off the asking price.
In the last year 58 properties changed hands in Hastings, which puts it as the 156th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3360 per annum or $280 every week.