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Investment Property Herne Hill, VIC, 3218

Suburb Snapshot

Herne Hill is a suburb in the Greater Geelong Region of Victoria. Herne Hill has a population of 3,412 people and 33.01% of its occupants live in rental accommodation. The median listing price for houses is $664,500 and this has changed 2.38% over the past year and changed -9.29% over 2 years.

The median rent in Herne Hill for houses is $460 per week and the median rental yield is 3.59%. Stock on the market for houses/townhouses has changed 29.41% compared to last year and the average time to sell a house/townhouse is 59 days.The median listing price for units is $339,500 and this has changed -11.13% over the past year. The average unit takes 97 days to sell and the median rent for a unit in Herne Hill is $350 per week, producing a rental yield of 5.36%.

Supply & Demand in Herne Hill, Greater Geelong

1.33%

Current vacancy rate


25

Rental stock available


3,412

Population


33.01%

Rental population


0.89%

Current vacancy rate


1,311

Rental stock available


233,426

Population


23.30%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Herne Hill, Greater Geelong

  House Townhouses Units
Median listing price $664,500 NA $339,500
Median price change - last quarter 2.23% NA -2.17%
Median price change - 1 year 2.38% NA -11.13%
Median price change - 2 years -9.29% NA -3.00%
  House Townhouses Units
Median weekly rent $460 NA $350
Median yield % 3.59% NA 5.36%
Median rent change - 1 year 2.22% NA 6.06%
  House Units
Previous month sales 10 3
Stock on market previous month 22 10
Stock variance vs. last year 29.41% -28.57%
Average days on market 59 97

Herne Hill investment property listings

Showing 1 of 1 investment properties found in Herne Hill on realestateinvestar.com.au

2/35-37 Fraser St, HERNE HILL

$380,000

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VIC 3218


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