Herne Hill Suburb Profile
Victoria 3218

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Herne Hill has 2,146 properties. Over the last 5 years, Houses in Herne Hill have seen a 33.08% increase in median value, while Units have seen a 18.59% increase. As at 30 November 2024:

  • The median value for Houses in Herne Hill is $809,679 while the median value for Units is $399,650.
  • Houses have a median rent of $463 while Units have a median rent of $350.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Herne hill on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Herne hill.

The size of Herne Hill is approximately 1.5 square kilometres. It has 5 parks covering nearly 13.2% of total area. The population of Herne Hill in 2011 was 3,322 people. By 2016 the population was 3,390 showing a population growth of 2.0% in the area during that time. The predominant age group in Herne Hill is 20-29 years. Households in Herne Hill are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Herne Hill work in a professional occupation. In 2011, 64.3% of the homes in Herne Hill were owner-occupied compared with 59.1% in 2016.

Suburb Insights for HERNE HILL 3218

Market Insights
Herne Hill Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Herne Hill Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 3,390

0-9

 

12%

10-19

 

9%

20-29

 

17%

30-39

 

15%

40-49

 

13%

50-59

 

13%

60-69

 

10%

70-79

 

6%

80-89

 

5%

90-99

 

1%

Household Structure
Occupancy

Last Updated: 23/12/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.