5 Cordelia StreetHastings VIC 3915
Property Details for 5 Cordelia St, Hastings
5 Cordelia St, Hastings is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 400m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 3 bedroom House sold in Hastings in the last 12 months.
Last Listing description (March 2025)
INVESTORS: This lovely modern home was built in 2019 and offers astute investors a great opportunity for capital growth. Currently leased to Defence Housing (DHA) on a long term lease which expires in 2032 with a 3 yr option which would take it through until 2035. Conveniently located in a sought after area of Hastings, tucked away amongst beautiful surroundings, this wonderful home is close to Western Port beaches and boating opportunities, coastal walks, world-class wineries, shopping, entertainment and excellent schools within walking distance.
A DHA (Defence Housing Australia) lease offers the new owners amazing inclusions such as guaranteed rental income, a comprehensive property care/maintenance package, & annual independent professional rental valuations and adjustments, all of which are designed for stress free investing. Ideal for investors located anywhere in the country, superannuation funds, and perfect for those starting their property portfolio and looking for a safe and secure option. At lease end the home is repainted and recarpeted at DHA's expense, before being handed back for you to move in, rent out privately or sell. You can also choose to discuss DHA's requirements for the home on a longer term basis with the potential for a new lease. You're free to onsell to another investor at any time during the lease.
LEASE DETAILS :
* Lease start date 30/04/2020
* Lease end date 29/04/2032
* Lease option 1 x up to 36 months
* Right to vary 1 x up to 12 months
* All options extensions are in DHA's favour
RENT 2025: $580PW and adjusted annually in January based on the assessment from independent professional valuer.
PROPERTY FEATURES:
* 3 bedrooms inc Main with ensuite
* 2 Separate living areas
* Outdoor entertaining area
* Double lock up garage with internal access.
* Security Screens throughout
* Ceiling fans in all rooms
* Fully fenced flat rear yard
* 400 sqm block
* Built in 2019 and still offering strong tax depreciation benefits.
ABOUT HASTINGS :
Hastings is a charming seaside town located on the Mornington Peninsula, offering a relaxed coastal lifestyle. With stunning beaches, picturesque coastal walks, and a vibrant community, Hastings provides the perfect escape from city life. Enjoy fresh seafood, boutique shopping, and a range of recreational activities, all within easy reach.
DHA LEASE BENEFITS:
* Guaranteed rent paid on time every time regardless of whether the house is tenanted
* Annual independent rent reviews
* Most non structural maintenance paid for by DHA
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* Zero re-letting fees
RATES :
Council approx $450 per quarter
Water approx $238 per quarter
* * Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Sharon Richter of Hudson Property Agents, your DHA specialist agent. In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
Information provided above has been obtained from various sources from which we believe to be accurate, however, Hudson Property Agents accept no liability for any errors or omissions, including but not limited to a Floorplan, build date, land size, floor plans and size, property condition. Interested parties should make their own enquiries and conduct their own due diligence in addition to obtaining legal advice from their appointed solicitor or conveyancer.
Property History for 5 Cordelia St, Hastings, VIC 3915
- 21 Mar 2025Sold for $740,000
- 11 Dec 2024Listed for Sale OFFER ACCEPTED
- 05 Mar 2020Sold for $555,000
Recent sales nearby
See more recent sales nearby/assets/perm/mibrxxv6bii6nmtdgvgao2obry?signature=49b65b485ee942b74ccd34ee5a0fc6c2670e83e15c4d1508d5ac6e899e526aea){kind=logo}
0
/assets/perm/sewgroccv4i63bqd7h6k2gbgoa?signature=d640f3da66235f884d282d1200a26b74f62c25ab4e141472d36b4cdfdd4acee8){kind=logo}
0/assets/perm/svt5kff6lmi6ndg56vjrov6wwq?signature=2d00e64d062b1327a56a77d2a688ea89742b99725b248b9648d937f568f942cd){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 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 6,374 properties. Over the last 5 years, Houses in Hastings have seen a 30.12% increase in median value, while Units have seen a 31.76% increase. As at 31 January 2026:
- The median value for Houses in Hastings is $746,901 while the median value for Units is $557,174.
- Houses have a median rent of $550 while Units have a median rent of $483.
Suburb Insights for Hastings 3915
Market Insights
Hastings Trends for Houses
N/A
N/A
View TrendN/A
N/A
Hastings Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
