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 3.6% and has experienced a 12-month capital growth of Up 10.7%, with a median house buy price of $775,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$797,500
$753,405
$856,000
$775,000
Suburb Market Profile
Last month Herne Hill had 17 properties available for rent and 23 properties for sale. Median property prices over the last year range from $775,000 for houses to $365,000 for units. If you are looking for an investment property, consider houses in Herne Hill rent out for $520 PW with an annual rental yield of 3.6% and units rent for $368 PW with a rental yield of 5.0%. Herne Hill has seen an annual compound growth rate of 10.7% for houses and 2.8% for units.