Herne Hill Suburb ProfileVictoria 3218
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Herne Hill has 2,129 properties. Over the last 5 years, Houses in Herne Hill have seen a 33.88% increase in median value, while Units have seen a 18.82% increase. As at 31 October 2024:
- The median value for Houses in Herne Hill is $808,309 while the median value for Units is $402,847.
- Houses have a median rent of $460 while Units have a median rent of $338.
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.
Market Insights
Herne Hill Trends for Houses
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Herne Hill Trends for Units
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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
Recent Sales in HERNE HILL 3218
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0Properties for sale in HERNE HILL 3218
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Properties for rent in HERNE HILL 3218
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Last Updated: 20/11/2024
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