Property value increases in Hastings have tracked just higher than the VIC average of 11.63% over the last 12 months.
Over the longer term, Hastings has seen property prices show investors a 29.23% return over the last 3 years. This is worse than over the last 12 months
Hastings, 3915 is offering VIC ‘s 353th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
Advertised rents are around the $350 mark per week – giving a return of 3.97% based on the median price in Suburb
Property investors who have had real estate in Hastings, 3915 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.75%
The five-year average increase in median property values for Hastings,3915 has given property investors a potential capital gain of 14.75% across each of those five 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 -3.27% is being offered, which puts this VIC suburb at 1217th most discounted overall in Australia.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.46%, without taking into account capital value appreciation, which has been averaging out at 4.84%.