With a capital gain of 9.55% for the last 12 months, Herne Hill, 3218 has performed for property investments than its average annual 6.25% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Herne Hill comes in at number 407th in VIC.
Property buyers and investors in Herne Hill 3218 should be seeing an average reduction in asking price of around -2.96% . This means that Herne Hill is holding prices well when compared to other suburbs in VIC.
At number 26 in a list of fastest selling suburbs, Herne Hill is in the TOP 10% of suburbs in Australia with an average of days on market 23.4 for properties listed there.
The VIC suburb of Herne Hill, 3218 is in the Greater Geelong local government area.
With a capital gain of 15.93% for the last 12 months, Herne Hill, 3218 has performed for property investments than its average annual 5.70% property growth over the last 5 years.
A 28.04% growth in median value for property investors in Herne Hill,3218 puts this suburb at number 25th in terms of best performing suburbs in VIC
Herne Hill3218 is located in VIC which offers an average discount of -4.95% to property investors. Herne Hill itself is showing figures that indicate -4.71% is the average achievable by property buyers investing in the suburb.
At number 802 in a list of fastest selling suburbs, Herne Hill is just in the bottom half of suburbs in Australia with an average of days on market 80.3 for properties listed there.
Using the current median advertised rental of $225 and the average annual increase in value of a median property of 5.70%, investors should hope to achieve an overall return of 4.83%