HERNE HILL 3218
State: VICPosiProp AI Investment Summary
HERNE HILL (VIC 3218) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.7% and has experienced a 12-month capital growth of Up 14.5%, with a median house buy price of $807,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$641,000
$751,810
$875,000
$807,500
Suburb Market Profile
Last month Herne Hill had 22 properties available for rent and 24 properties for sale. Median property prices over the last year range from $807,500 for houses to $387,000 for units. If you are looking for an investment property, consider houses in Herne Hill rent out for $550 PW with an annual rental yield of 3.7% and units rent for $370 PW with a rental yield of 5.1%. Herne Hill has seen an annual compound growth rate of 14.5% for houses and 13.8% for units.
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