Based on its average 5-year and quarterly capital gains HASTINGS, 3915 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that HASTINGS, 3915 obtained a 6.08% growth over a ten-year period. It ranks 1194th on our list of suburbs that property investors should look into.
HASTINGS, 3915 in VIC belongs to the local government area of Mornington Peninsula.
HASTINGS, 3915 has a capital gain of 12.77% for the past year, which is higher than average compared to its 29.08% growth within a five-year period.
With the median home price in HASTINGS sitting at $435,000, and the average rent at $340, property owners could potentially earn a 4.06% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in HASTINGS are low, as opposed to average gains per annum over the past five years.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||12.77%||2.42%|
|Median 3 years||23.4%||12.19%|
|Median 5 years||29.08%||7.63%|
|10 years average annual||6.08%||3.79%|
|Weekly media advert. rent||$340||$295|
|Time on Market||33.8 days||79.5 days|
|Gross Rental Yield Percent||4.06%||4.83%|