Giving property investors a an average capital gain of 6.01% for the last year, Herne Hill, 3218 is the 1898th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Herne Hill comes in at number 435th in VIC.
Herne Hill3218 is located in VIC which offers an average discount of -5.87% to property investors. Herne Hill itself is showing figures that indicate -3.24% is the average achievable by property buyers investing in the suburb.
Herne Hill is 211th on a list of best yielding suburbs for rents in VIC with a 4.23% return
At number 607th in the list of Australian suburbs ordered by increase in median house value over the last year, Herne Hill, 3218 is in the top 40% with a property value increase of 6.35% recorded in median house prices.
Across a shorter period, Herne Hill, 3218 has seen a median price increase of -1.95% over the last quarter.
Our latest figures would indicate that property sellers in Herne Hill are currently offering property investors an average price cut of -7.48% below the asking price at the moment.
Using the current median advertised rental of $220 and the average annual increase in value of a median property of 4.69%, investors should hope to achieve an overall return of 5.06%