FOR SALE
$589,000 - With Plans Ready To Go!

11 Albert Street
Hastings VIC 3915

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 590m2
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With Plans and Permits ...Ready... Set... Build!

Exciting development opportunity in the heart of Hastings.
Approximately 590sqm of prime residential real estate to build your own dream home or the 2 unit development with plans and permits for side by side 3 bed, 2 bath, 1 garage.
Only a short stroll to the High Street shopping precinct which offers a range of quality restaurants, cafes, boutiques, supermarkets, medical centres, and gyms.
Public transport and schools are also close by. Hastings Foreshore, jetty, marina & recreational facilities only a hop, skip, and a jump away.
Whether you're looking for a sea change yourself, you're a new or experienced developer, or you're just looking to get a foothold in one of Victoria's fastest-growing corridors - the Mornington Peninsula, then this property could be for you.
With the best of Hastings literally at your doorstep, this block not only offers outstanding value but really does represent the ultimate lifestyle opportunity.
Zoned General Residential 1 with no Design & Development or Vegetation Protection Overlay, fully serviced and with a rear laneway, this property is ripe for the picking!
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Property Details for 11 Albert St, Hastings

Building Type
Land
Land Size
590m2

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About Hastings 3915

The size of Hastings is approximately 26.5 square kilometres. It has 23 parks covering nearly 3.4% of total area. The population of Hastings in 2011 was 8,685 people. By 2016 the population was 9,613 showing a population growth of 10.7% in the area during that time. The predominant age group in Hastings is 0-9 years. Households in Hastings are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hastings work in a trades occupation. In 2011, 58.4% of the homes in Hastings were owner-occupied compared with 58.3% in 2016.

Hastings has 6,270 properties. Over the last 5 years, Houses in Hastings have seen a 31.18% increase in median value, while Units have seen a 24.02% increase. As at 31 October 2024:

  • The median value for Houses in Hastings is $644,675 while the median value for Units is $500,890.
  • Houses have a median rent of $515 while Units have a median rent of $473.
There are currently 30 properties listed for sale, and 18 properties listed for rent in Hastings on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Hastings.

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Jim Arvanitakis
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Shoreline Real Estate - Eview Group
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