4 Wallaroo Pl, Hastings is a 3 bedroom, 1 bathroom Other with 2 parking spaces. The property has a land size of 1085m2 and floor size of 285m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom Other sold in Hastings in the last 12 months.
Parkland 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)
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 2016 was 9609 people. By 2021 the population was 10369 showing a population growth of 7.9% in the area during that time. The predominant age group in Hastings is 30-39 years. Households in Hastings are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hastings work in a trades occupation.In 2021, 64.90% of the homes in Hastings were owner-occupied compared with 58.30% in 2016.
Hastings has 6,366 properties. Over the last 5 years, Houses in Hastings have seen a 33.86% increase in median value, while Units have seen a 40.03% increase. As at 30 November 2025:
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