3/1 Lean AvenueHerne Hill VIC 3218
Property Details for 3/1 Lean Ave, Herne Hill
3/1 Lean Ave, Herne Hill is a 4 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 455m2.
Last Listing description (November 2015)
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
Property History for 3/1 Lean Ave, Herne Hill, VIC 3218
- 21 Nov 2015Listed for Sale $555,000 - $600,000
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About Herne Hill 3218
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 2,152 properties. Over the last 5 years, Houses in Herne Hill have seen a 27.55% increase in median value, while Units have seen a 31.79% increase. As at 30 November 2025:
- The median value for Houses in Herne Hill is $852,025 while the median value for Units is $478,192.
- Houses have a median rent of $460 while Units have a median rent of $370.
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