OFF MARKET

1/29 Edward Street
Hastings VIC 3915

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 226m2
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Property Details for 1/29 Edward St, Hastings

1/29 Edward St, Hastings is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 226m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1987
Floor Size
91m2
Land Size
226m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS324433

Last Listing description (October 2024)

Moments away from the Hastings foreshore, delight in this low maintenance, meticulously maintained home located in the heart of Edward Street.

This unit promises, a warm and hearty feel, within walking distance to all Hastings has on offer, local shopping precinct, walking trails, public transport, marina and foreshore and local schools.

Features:

? Generous front lounge
? Sizeable kitchen with gas cooktop and oven
? Dining area adjacent to kitchen
? Two well-proportioned bedrooms with built in closet space
? Gas wall heater and split system cooling
? Laundry with rear door access
? Rear grassed yard area, surrounding the property
? Single lock up garage
? Front patio, perfect to sit and watch the world go by

Currently tenanted until April 2024, this unit is the perfect option for investors looking to secure an affordable opportunity to return yield.

For more information or to inspect, please contact Tim Ripper 0434 513 640.

Property History for 1/29 Edward St, Hastings, VIC 3915

A timeline of how this property has performed in the market
Last Sold
$460,000
04 Aug 2023
Listed for Rent
$235/w
23 Feb 2017
  • 04 Aug 2023
    Sold for $460,000
  • 22 May 2023
    Listed for Sale $470,000 - $495,000
  • 27 Feb 2012
    Listed for Rent $225 / week
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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 6,271 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 19 properties listed for rent in Hastings on OnTheHouse. According to CoreLogic's data, 241 properties were sold in the past 12 months in Hastings.

Suburb Insights for Hastings 3915

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.