Hastings is an average performer in VIC when comparing median price capital growth over the last year. Hastings gave property investors a average capital gain figure when compared to the rest of the state, with 11.91%.
If we look at median property appreciation over just the last three months, Hastings has given property investors a paper return of 3.77%. This puts Suburb as 208 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 -5.26. This rate of discount on properties puts Suburb at number 271th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $4080 per annum or $340 every week.
Hastings has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 3.76% to date .
Over the longer term, Hastings has seen property prices show investors a 11.23% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Hastings is giving property investors an average Vendor Discount of around -2.82%. This puts suburb at number 271th in VIC when ranking the most discounted suburbs.
Situated 56.47km from the CBD, Hastings is one of Mornington Peninsula localities in the postcode 3915.