87 Salmon Street, Hastings VIC 3915
87 Salmon Street, Hastings VIC 3915
4-bed Hastings house | 406 sqm freehold land | premium weekly rental | available June 2026 | high-yield positioning
The four-bedroom, two-bathroom house on a 406 sqm lot delivers a rare combination of family scale and premium rental yield in Hastings. Its $1,380 weekly rent, reinforced by double parking and coastal proximity, establishes a strong income position for investors. This configuration serves buyers seeking either consistent cash flow or a foothold in a growing suburban market.
Conflicting records indicate a potential townhouse development on this site, introducing a title or planning risk that could complicate future sale or financing. A targeted search of council permits and land surveys is necessary to confirm the property’s standalone status. For a buyer, the high rental return compensates for this uncertainty if the purchase price is below replacement cost. Hold for income while watching for development signals that could lift land value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 87 Salmon Street, Hastings VIC 3915
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.