Herne Hill Suburb Profile, VIC, 3218 (Pricing & Investment Data)

Herne Hill Suburb Profile
Victoria 3218

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Herne Hill has 2,152 properties. Over the last 5 years, Houses in Herne Hill have seen a 24.68% increase in median value, while Units have seen a 36.48% increase. As at 31 October 2025:

  • The median value for Houses in Herne Hill is $844,060 while the median value for Units is $481,314.
  • Houses have a median rent of $460 while Units have a median rent of $370.
There are currently 1 property listed for sale, and 1 property listed for rent in Herne hill on OnTheHouse. According to Cotality's data, 119 properties were sold in the past 12 months in Herne hill.

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.

Suburb Insights for HERNE HILL 3218

Market Insights
Herne Hill Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Herne Hill Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 3507

0-9

 

12%

10-19

 

9%

20-29

 

16%

30-39

 

18%

40-49

 

13%

50-59

 

11%

60-69

 

11%

70-79

 

6%

80-89

 

4%

90-99

 

1%

Household Structure
Occupancy
Cotality Copyright and Legal Disclaimers about Property Data

Last Updated: 05/12/2025

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.