Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year | Median | Growth | Low | High | # Sales |
---|---|---|---|---|---|
2009 | $269,000 | 0.0% | $195,000 | $765,000 | 18 |
2010 | $340,000 | +20.9% | $179,900 | $840,000 | 45 |
2011 | $331,000 | -2.7% | $160,500 | $550,000 | 30 |
2012 | $320,000 | -3.4% | $180,000 | $801,000 | 32 |
2013 | $350,000 | +8.6% | $155,000 | $760,000 | 52 |
2014 | $357,500 | +2.1% | $192,000 | $580,000 | 53 |
2015 | $367,500 | +2.7% | $48,000 | $458,000 | 40 |
2016 | $405,000 | +9.3% | $160,000 | $937,000 | 61 |
2017 | $490,000 | +17.3% | $300,000 | $711,000 | 70 |
2018 | $551,500 | +11.2% | $215,000 | $880,000 | 76 |
2019 | $535,000 | -3.1% | $295,000 | $1,305,000 | 62 |
2020 | $600,000 | +10.8% | $255,500 | $1,005,000 | 50 |
2021 | $738,000 | +18.7% | $360,000 | $1,620,000 | 74 |
2022 | $755,000 | +2.3% | $321,000 | $2,900,000 | 50 |
2023 | $690,000 | -9.4% | $535,000 | $1,201,000 | 41 |
2024 | $650,000 | -6.2% | $250,000 | $1,190,000 | 45 |
2025 | - | - | - | - | - |
Median Sale Price
$650K
Based on 45 recorded sales within the last 12 months
Updated on 11 Jan 2025
Suburb Growth
-6.2%
Current Median Price: $650,000
Previous Median Price: $690,000
Based on 86 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year | Median | Growth | Low | High | # Rents |
---|---|---|---|---|---|
2011 | $290 | 0.0% | $150 | $420 | 48 |
2012 | $290 | 0.0% | $155 | $390 | 63 |
2013 | $300 | +3.3% | $160 | $850 | 95 |
2014 | $320 | +6.3% | $165 | $475 | 62 |
2015 | $300 | -6.7% | $175 | $490 | 94 |
2016 | $320 | +6.3% | $175 | $540 | 73 |
2017 | $340 | +5.9% | $160 | $650 | 86 |
2018 | $350 | +2.9% | $150 | $490 | 71 |
2019 | $365 | +4.1% | $200 | $550 | 67 |
2020 | $380 | +3.9% | $225 | $750 | 57 |
2021 | $400 | +5.0% | $220 | $680 | 62 |
2022 | $430 | +7.0% | $290 | $800 | 73 |
2023 | $460 | +6.5% | $260 | $750 | 70 |
2024 | $470 | +2.1% | $310 | $875 | 60 |
2025 | - | - | - | - | - |
Median Rent Price
$470
per week
Based on 58 recorded rent within the last 12 months
Updated on 11 Jan 2025
Rent Price Growth
+2.1%
Current Median Rent: $470
Previous Median Rent: $460
Based on 130 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.8%
Current Median Price: $650,000
Current Median rent: $470
Based on 103 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Herne Hill
Houses sold in Last 12 months ends 4 Jan 2025
$682K
Median Sale Price
60%
Clearance Rate
3/5
Sold/Reported
$682K
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$600 K - $800 K (Median Price Range) | 2 | |
Similar Suburbs to Herne Hill 3218
Based on median house sale price sold in last 12 months
Schools closest to Herne Hill, VIC 3218
School name | Address | Type | Sector | Distance |
---|---|---|---|---|
Herne Hill Primary School | 194-200 CHURCH STREETHamlyn Heights 3215 | Primary | Government | 0.62 km |
Holy Spirit School | 83 MINERVA ROADManifold Heights 3218 | Primary | Catholic | 0.98 km |
Western Heights Secondary College Vines Road Campus | Hamlyn Heights 3215 | Secondary | Government | 1.18 km |
Manifold Heights Primary School | STRACHAN AVENUEManifold Heights 3218 | Primary | Government | 1.21 km |
Western Heights Secondary College | 19 QUAMBY AVENUEHamlyn Heights 3215 | Secondary | Government | 1.57 km |
Hamlyn Banks Primary School | 2-24 CHAUCER STREETHamlyn Heights 3215 | Primary | Government | 1.92 km |
Clonard College | 225 CHURCH STGeelong West 3218 | Secondary | Catholic | 1.7 km |
St Joseph's College | 135 APHRASIA STNewtown 3220 | Secondary | Catholic | 2.17 km |
Newtown Primary School | ABERDEEN STREETNewtown 3220 | Primary | Government | 2.15 km |
Sacred Heart CollegeTop 100 | RETREAT RDNewtown 3220 | Secondary | Catholic | 2.44 km |