Hernes Oak Suburb Profile
Victoria 3825

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Hernes Oak has 146 properties. Over the last 5 years, Houses in Hernes Oak have seen a 40.14% increase in median value. As at 30 June 2024:

  • The median value for Houses in Hernes Oak is $1,321,103.
There are currently 2 properties listed for sale, and no properties listed for rent in Hernes oak on OnTheHouse. According to CoreLogic's data, 6 properties were sold in the past 12 months in Hernes oak.

The size of Hernes Oak is approximately 23.4 square kilometres. It has 1 park. The population of Hernes Oak in 2011 was 424 people. By 2016 the population was 321 showing a population decline of 24.3% in the area during that time. The predominant age group in Hernes Oak is 10-19 years. Households in Hernes Oak are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hernes Oak work in a professional occupation. In 2011, 96.4% of the homes in Hernes Oak were owner-occupied compared with 91.2% in 2016..

Suburb Insights for HERNES OAK 3825

Market Insights
Hernes Oak Trends for Houses
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Hernes Oak Trends for Units
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Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age

Population 321

0-9

 

12%

10-19

 

17%

20-29

 

14%

30-39

 

9%

40-49

 

14%

50-59

 

13%

60-69

 

16%

70-79

 

5%

Household Structure
Occupancy

Last Updated: 10/07/2024

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.