Powered by MOMENTUM MEDIA
smart property investment logo
Hastings
AREA REPORTS

Hastings

Hastings - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3915

house
unit

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 6.98% growth over a ten-year period. It ranks 1464th on our list of suburbs that property investors should look into.

HASTINGS, 3915 in VIC belongs to the local government area of Mornington Peninsula (S).

HASTINGS, 3915 has a capital gain of 15.8% for the past year, which is higher than average compared to its 62.13% growth within a five-year period.

With the median home price in HASTINGS sitting at $648,500, and the average rent at $440, property owners could potentially earn a 3.53% 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.

Data report can be found below

Hastings
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $648,500 $522,000
GROWTH REPORT
Median Quarterly 6.31% 5.99%
Median 12 month 15.8% 22.11%
Median 3 years 31.94% 16.32%
Median 5 years 62.13% 70.17%
10 years average annual 6.98% 5.4%
Weekly media advert. rent $440 $390
Time on Market 19.5 days 34.0 days
Gross Rental Yield Percent 3.53% 3.89%
demographics (median values)*
Total Population
9960
Weekly Household Income
973
Household Size
2.30
Age
41
Monthly Loan Repayment
1600
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.