Giving property investors a an average capital gain of 0.00% for the last year, Herne Hill, 3218 is the 1652th 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 61th in VIC.
Property buyers and investors in Herne Hill 3218 should be seeing an average reduction in asking price of around -5.98% . This means that Herne Hill is holding prices well when compared to other suburbs in VIC.
Renters in Suburb are facing rents around $19240 per annum or $370 every week.
With a capital gain of -13.16% for the last 12 months, Herne Hill, 3218 has performed for property investments than its average annual 4.42% property growth over the last 5 years.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Herne Hill has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -5.13% to buyers in Herne Hill at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $240 and the average annual increase in value of a median property of 4.42%, investors should hope to achieve an overall return of 5.04%