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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 3.10% over the past year and changed -9.60% 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 14.29% compared to last year and the average time to sell a house/townhouse is 62 days.The median listing price for units is $340,000 and this has changed -11.00% over the past year. The average unit takes 90 days to sell and the median rent for a unit in Herne Hill is $350 per week, producing a rental yield of 5.35%.

Supply & Demand in Herne Hill, Greater Geelong

1.17%

Current vacancy rate


22

Rental stock available


3,412

Population


33.01%

Rental population


0.88%

Current vacancy rate


1,294

Rental stock available


233,426

Population


23.30%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Herne Hill, Greater Geelong

  House Townhouses Units
Median listing price $664,500 NA $340,000
Median price change - last quarter 2.23% NA -2.17%
Median price change - 1 year 3.10% NA -11.00%
Median price change - 2 years -9.60% NA -2.86%
  House Townhouses Units
Median weekly rent $460 NA $350
Median yield % 3.59% NA 5.35%
Median rent change - 1 year 2.22% NA 6.06%
  House Units
Previous month sales 2 3
Stock on market previous month 24 11
Stock variance vs. last year 14.29% 10.00%
Average days on market 62 90

Herne Hill investment property listings

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

3/81 Heytesbury St, Herne Hill

$345,000

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Smart start or savvy investment.

Step into a smart start or savvy addition to your investment portfolio with this beautifully refreshed and impeccably maintained unit. Perfectly positioned just moments from the heart of Geelong, and offering easy access to the Geelong Ring Road for seamless commuting, this is low-maintenance ...

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VIC 3218


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