Investment property in Herne Hill has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.35%
The five-year average increase in median property values for Herne Hill,3218 has given property investors a potential capital gain of 26.49% across each of those five years.
Our latest figures would indicate that property sellers in Herne Hill are currently offering property investors an average price cut of -3.95% below the asking price at the moment.
Often selling an investment property can take time, and in Herne Hill the average time real estate has been on the market is 25.07 days.
The VIC suburb of Herne Hill, 3218 is in the Greater Geelong local government area.
Herne Hill has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 4.94% to date .
Herne Hill,3218 was ranked 1520 in Australia by increase in median property value over the quarter.
At number 16th of VIC’s most discounted properties, Herne Hill is in the bottom 10% of the state/territory when listing in order of most discounted to least.