OFF MARKET

23 Victor Drive
Hastings VIC 3915

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 180m2
Land area: 702m2
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Property Details for 23 Victor Dr, Hastings

23 Victor Dr, Hastings is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2009. The property has a land size of 702m2 and floor size of 180m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
2009
Floor Size
180m2
Land Size
702m2
Local Government
Mornington Peninsula
Lot/Plan
57/PS528179

Last Listing description (January 2021)

This terrific property offers the astute investor a great opportunity for good capital growth. Currently leased to Defence Housing on a long term lease which expires in 2022 with a 3 yr option which would take it through until 2025. Renting at $450 PW with the annual rent review due again in December. Conveniently located in a sought after area of Hastings, tucked away in a private cul-de-sac, among beautiful surrounds, this wonderful home is close to stunning beaches, coastal walks, world-class wineries and excellent schools within walking distance.

DHA homes offer investors good peace of mind and a fuss-free, stress-free investment.

PROPERTY FEATURES:

* 4 good size bedrooms inc Main with Walk-in robe and ensuite
* 2 Separate living areas
* Outdoor entertaining area
* Double lock up garage with internal access
* Security Screens throughout
* 701sqm block
* Built 2009

LEASE DETAILS :
* Lease edition Edition 6B
* Lease start date 12/07/2010
* Lease end date 12/07/2022
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months Reduction and 1 x up to 12 months Extension

RENT : $450PW and assessed again in December

DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees

RATES :
Council approx $TBC
Water approx $TBC

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no-fuss investment property; let DHA do all the hard work for you.
* Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents - the Defence Properties specialists.
* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA and are for illustration purposes only.
***The rent displayed is the 2020 rental figure, please note, DHA has recently performed a rent revaluation on this property. Please enquire with the agent to confirm the 2021 rental figure***

Property History for 23 Victor Dr, Hastings, VIC 3915

A timeline of how this property has performed in the market
Last Sold
$610,000
29 Nov 2020
  • 29 Nov 2020
    Sold for $610,000
  • 24 Aug 2020
    Listed for Sale $590,000 - $635,000
  • 12 Jul 2010
    Sold for $385,000
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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, 242 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.