Hastings at a glance
10,648
People
$731,000
Median sale
$565/wk
Median rent
4.00%
Suburb gross yield
+8.3%
12-month change
45
Days on market
VIC › Hastings › Wallaroo Pl
$800,000
Last sold
29 July 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
1,085 m²
Land
285 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$800,000
29 July 2025 · derived via latest_sale
Hastings's median house price is $731,000 (PropertyValue, last 12 months).
Hastings at a glance
10,648
People
$731,000
Median sale
$565/wk
Median rent
4.00%
Suburb gross yield
+8.3%
12-month change
45
Days on market
Vs Hastings
+9.4%
Median sale
Suburb $731,000
-0.33 pp
Gross yield
Suburb 4.00%
+8.3%
12-month change
45
Days on market
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $565/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Hastings at a glance
10,648
People
$731,000
Median sale
$565/wk
Median rent
4.00%
Suburb gross yield
+8.3%
12-month change
45
Days on market
Listing material
Listed by Century 21 Theresa HuynhParkland views, bay side township, the perfect sea change or investment. A large allotment comprising of a 3 bedroom home and attached family operated milk bar makes it an investment with future development potential. (STCA)
The Milk Bar has successfully serviced the local community since 2020 with the operators recently endorsing a further 3-year option on their lease, with an additional 4 years available. The property consists of the retail floor space with cool room and storage area, interconnected to a 3 bed 1 bathroom, home with 2 separate toilets on approximately 1080m2 of land.
Wallaroo primary school is close by with Western Port Secondary College within easy reach by bike or walking. The community boast many sporting facilities including tennis courts, a bowling club and sports ovals. Nearby Hasting's jetty and waterfront is popular with tourists and fishermen.
Hastings sits on the western shores of Western Port Bay overlooking French Island. An attractive historic township with a modern commercial centre and a well-established community that extends along the shores of the bay. The township attracts many daily and short-stay tourists all year round coming to enjoy nature walks along the bay, water sports and more.
The surrounding area is also home to industries such as BlueScope Steel, Esso-BHP and the HMAS Cerberus Naval base.
Council rates 2024/25 $1835.35
Water rates (approx.) $1.44 per day
Property Features:
* Lot size 1080sqm (irregular shape)
* Milk Bar with connected 3 bedrooms, 1 Bath, 2 WC, 2 Cars
* Leasable area 285m2 approx. Currently tenanted
* Lease, renewed 15 Dec 2023; term 3 years (additional 4-year term available)
* Rental Return: $ 3,449.10pcm including GST, Plus outgoings
* Location: Mornington Peninsula
* Zoning: General Residential Zone 1
* Schools nearby
* Potential future development opportunity (STCA)
Listing description written by Theresa Huynh, Century 21 Theresa Huynh — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.