2/2 Bakewell St, Herne Hill is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom Unit sold in Herne Hill in the last 12 months.
Set in a convenient and well-connected location, this updated one-bedroom unit offers an ideal low-maintenance investment with a secure tenancy in place until September 2026, returning a strong yield.Featuring open-plan living and kitchen with timber floors, split-system heating and cooling, and electric appliances, the property delivers comfort and practicality in equal measure. The spacious bedroom includes built-in robes, while the modern bathroom features a large shower and internal laundry facilities. A single carport and low-maintenance gardens complete the package.Perfectly positioned close to local walking tracks, parks, and with easy access to the Ring Road, this property is just minutes from Minerva Road and Vines Road shops. Whether you're looking to expand your portfolio or enter the market with confidence, this well-presented unit represents an excellent opportunity for investors seeking a solid, set-and-forget return.
The size of Herne Hill is approximately 1.5 square kilometres. It has 5 parks covering nearly 13.2% of total area. The population of Herne Hill in 2016 was 3413 people. By 2021 the population was 3507 showing a population growth of 2.8% in the area during that time. The predominant age group in Herne Hill is 30-39 years. Households in Herne Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Herne Hill work in a professional occupation.In 2021, 59.80% of the homes in Herne Hill were owner-occupied compared with 59.10% in 2016.
Herne Hill has 2,150 properties. Over the last 5 years, Houses in Herne Hill have seen a 21.54% increase in median value, while Units have seen a 28.03% increase. As at 31 March 2026:
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