24 Morrah Street, Hastings VIC 3915

24 Morrah Street, Hastings VIC 3915
Private rear position | side access for boat or caravan | dual living zones | tightly held Old Tyabb pocket This property occupies a genuinely rare position in Hastings, set well back from Morrah Street with established surrounds that deliver immediate privacy and a calm living environment. The side access is a structural advantage that few houses in this price bracket offer, directly serving buyers who need secure storage for a caravan or boat without sacrificing garage space. The floorplan works hard for a family: open-plan kitchen and meals for daily life, a separate front lounge that can function as a media room or parentsโ€™ retreat, and a master suite zoned away from three additional bedrooms. Ducted heating and cooling throughout, plus ducted vacuuming, reduce post-purchase fit-out costs. This property suits owner-occupiers seeking a long-term family home in a pocket where supply is constrained and turnover low. The primary risk is valuation uncertainty. Domainโ€™s estimate of $870,000 is based on a 1/1 configuration, which is clearly erroneous against the confirmed 4/2 listing, but it signals that comparable sales data may be thin or inconsistent in this street. Buyers should verify recent sales of similar four-bedroom houses in Old Tyabb directly with the agent. The price guide of $1,050,000 to $1,150,000 sits above the suburb median, so premium pricing must be justified by the side access and private positioning. There is no recent sale history for this specific property, which limits negotiation leverage. A building and pest inspection is essential given the established garden and age of finishes. Hold this property as a primary residence; its configuration and location do not support a strong investment yield relative to other Hastings options.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 24 Morrah Street, Hastings VIC 3915
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Hastings is a coastal hub attracting young, working households seeking affordability. Demand is underpinned by a robust rental market, with strong recent rental growth indicating steady tenant demand. While property prices have shown solid growth, the sales market has softened, with increased days on market and a significant decline in auction clearance rates pointing to a more challenging environment for sellers. Future performance will hinge on balancing this sustained rental demand against the current market headwinds.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

598mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat