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Hastings, VIC 3915
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$730,000
market range $700K-$775K
Median Unit
$590,000
market range $550K-$625K
Gross Yield (houses)
4.1%
1yr Growth (houses)
+5.7%
market range +0.0% to +12.5%
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, VIC 3915, the median house sells for around $730K, on a gross rental yield of 4.1% for houses. House prices have moved +5.7% over the past year and +2.2% over three years. At 0.5% vacancy, it is a tight rental market that favours landlords.
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.
Living in Hastings: people, income and schools
About 10,369 people live in Hastings, a number that has held fairly steady over five years. At a median age of 41, it reads as skewed a little older, and families account for 64% of households.
The typical household income runs to around $62,000 a year (about $1,200 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 11.7 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 35% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
Families have 10 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Hastings sits about 58 km from the CBD. It is fairly car-dependent; the suburb scores 46 for walkability and 15 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 10,369
- -2% over 5yr
- Median age
- 41 years
- Median household income
- $62,000/yr
- Households renting
- 31%
- Family households
- 64%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 10
- avg ICSEA 961
- Unemployment
- 4.7%
- Distance to CBD
- 58 km
- Walk score
- 46/100
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
Search Hastings listings →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. Unit gross rental yield of 4.7% gives a usable rent-to-price starting point. Capital growth of +5.7% 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 are typical property prices in Hastings?
The median property price in Hastings, VIC 3915 is $730K for houses and $590K for units.
What rental yield does Hastings show?
The gross rental yield in Hastings is 4.1% for houses and 4.7% for units. 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 5.7% over the past year and up 2.2% over three years. 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 0.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Hastings?
Hastings has a population of approximately 10,369 residents, with a median age of 41.
What schools are near Hastings?
There are 10 schools within roughly 5km of Hastings. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Hastings affordable to buy in?
A median house in Hastings costs about 11.7 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Hastings's population growing?
The population of Hastings has fallen about 2% over five years. 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 58 km from the CBD.
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