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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


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 $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 5 of 36 investment properties found in Herne Hill on realestateinvestar.com.au

402 Autumn St, Herne Hill

$665,000

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Low-Maintenance Living, Ideal for Lifestyle or Investment.

An outstanding lifestyle or investment opportunity awaits in this elegant, low-maintenance home set on 311m² (Approx.), perfectly positioned for those looking to secure a foothold in this well-connected and sought-after pocket. Whether you're entering the market, downsizing or expanding your ...

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Townhouse

VIC 3218


1/27 Rix St, HERNE HILL

$420,000

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100% Owner-Occupied Complex: Tastefully Modernised & Ready to Mo

Step inside this well-presented brick veneer home and be greeted by an abundance of natural light that fills every corner, creating a bright and welcoming atmosphere. With its renovated kitchen and bathroom, brand new flooring throughout, tasteful modern updates from its 1980s origins, and ...

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House

VIC 3218


1A Colville Ct, HERNE HILL

$549,000

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Cosmopolitan Lifestyle Awaits

Set on its own title, this charming home is greeted by a cream brick façade that hints at the light-filled and welcoming interior within, presenting a unique opportunity in a truly sought-after and tightly held pocket of Herne Hill. Fully fenced and beautifully maintained, the home offers a ...

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Unit

VIC 3218


6/18 Bakewell St, HERNE HILL

$250,000

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Apartment Ideal for Lifestyle or Investment

Presenting an affordable opportunity to enter the Herne Hill market in this neatly presented apartment, offering modern low maintenance living in a leafy lifestyle pocket. Ideal for first home buyers, singles or investors, it offers exceptional value in the ever-popular 3218 postcode. Surrounded ...

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Unit

VIC 3218


2 Harvey Ave, HERNE HILL

$1,200,000

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Premium Update for Contemporary Family Living

Elegantly updated throughout, this exceptional family home offers premium finishes and all your contemporary comforts for stylish living and modern functionality. Immaculate from start to finish, all the hard work is done here, allowing you to move straight in and enjoy. Situated in an idyllic ...

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House

VIC 3218


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