If you compare the increase in value of investment property in Hastings, 3915 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 12.00%.
If we look at median property appreciation over just the last three months, Hastings has given property investors a paper return of 5.00%. This puts Suburb as 171 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Hastings is offering property investors an average of -5.71. This rate of discount on properties puts Suburb at number 387th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $4080 per annum or $340 every week.
Giving property investors a an unimpressive capital gain of 0.49% for the last year, Hastings, 3915 is the 1074th highest performer in Australia in this respect.
The five-year average increase in median property values for Hastings,3915 has given property investors a potential capital gain of 4.24% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Hastings is offering property investors an average of -4.95. This rate of discount on properties puts Suburb at number 215th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Hastings the average time real estate has been on the market is 91.59 days.
The VIC suburb of Hastings, 3915 is in the Mornington Peninsula local government area.