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Hastings, TAS 7109

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$830,000

list-price estimate

Median Unit

$570,000

list-price estimate

Gross Yield (houses)

4.1%

1yr Growth (houses)

+4.0%

market range -7.5% to +60.0%

Investment snapshot for Hastings

Hastings has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Hastings market and investor summary

In Hastings, TAS 7109, houses show a gross rental yield of 4.1%. House prices have moved +4.0% over the past year. At 4.7% vacancy, it is a softer rental market with more choice for tenants.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.1% is neither a standout cashflow play nor a pure growth bet. Demand is softer at 4.7% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 114 days on market, so plan for a slower exit if you ever need one.

Living in Hastings: people, income and schools

Hastings is home to around 54 people, and the area has been growing steadily, up about 9% over five years. The median age is 51, an older, established demographic, and 81% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $43,000 a year, or roughly $830 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.

It is roughly 68 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
54
+9% over 5yr
Median age
51 years
Median household income
$43,000/yr
Households renting
16%
Family households
38%
Socio-economic rank
4/10
ABS advantage index
Unemployment
2.9%
Distance to CBD
68 km

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Hastings

No properties currently listed in Hastings

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Frequently asked questions about Hastings

What should I check before investing in Hastings?

Hastings has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.1% gives a usable rent-to-price starting point. Capital growth of +4.0% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What rental yield does Hastings show?

The gross rental yield in Hastings is 4.1% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Hastings?

House prices in Hastings are up 4.0% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Hastings?

The current vacancy rate in Hastings is 4.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Hastings?

Hastings has a population of approximately 54 residents, with a median age of 51.

Is Hastings's population growing?

The population of Hastings has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Hastings from the CBD?

Hastings is about 68 km from the CBD.

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