SOLD
Sold on 24 Oct 2023 for $720,000

8/8 Bray Street
Hastings VIC 3915

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 502m2
Sold By
Century 21 Home Port Hastings
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Property Details for 8/8 Bray St, Hastings

Building Type
Commercial
Land Size
502m2
Local Government
Mornington Peninsula
Lot/Plan
8A/SP32627

Last Listing description (June 2014)

SMART INVESTMENT
Located on Bray Street which runs directly off the very busy Frankston Flinders Road.
Ideally suited to the first time commercial or superfund investor.

This popular sized warehouse is ready to be tenanted and includes full fitted air conditioned offices.
Excellent stamp duty savings. If purchased off the plan you can save over 6 months equivalent rent and coupled with the depreciation allowances make this a super smart move.

Property History for 8/8 Bray St, Hastings, VIC 3915

A timeline of how this property has performed in the market
Last Sold
$720,000
24 Oct 2023
  • 24 Oct 2023
    Sold for $720,000
  • 31 Aug 2015
    Sold for $334,000
  • 06 Dec 2013
    Listed for Sale $265,000
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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 6,243 properties. Over the last 5 years, Houses in Hastings have seen a 40.24% increase in median value, while Units have seen a 27.84% increase. As at 31 July 2024:

  • The median value for Houses in Hastings is $645,612 while the median value for Units is $504,601.
  • Houses have a median rent of $505 while Units have a median rent of $460.
There are currently 26 properties listed for sale, and 18 properties listed for rent in Hastings on OnTheHouse. According to CoreLogic's data, 269 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.