With a capital gain of 22.29% for the last 12 months, Hastings, 3915 has performed for property investments than its average annual 7.02% property growth over the last 5 years.
Comparing Hastings,3915 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Hastings 3915 should be seeing an average reduction in asking price of around -3.83% . This means that Hastings is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Hastings have been waiting around 26.53 days to sell a property.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
Over the last year, property investments in Hastings, 3915 have given investors a capital gain of 26.48%. This compares very favourably with the 8.22% for VIC as a whole.
While Hastings,3915 ranked number 56th in VIC for increase in median house value (annualised) increase, it is ranked 120th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hastings, 3915. Typically our figures indicate that -3.07% is being offered, which puts this VIC suburb at 1307th most discounted overall in Australia.
The VIC suburb of Hastings, 3915 is in the Mornington Peninsula local government area.