Herne Hill, VIC 3218
Herne Hill property market
No single market dominates in Herne Hill — unit rentals are only just in front, with 78 sales (up 16.4%) at around $811k (up 15.9%) as of July 2026, taking about 18 days to sell (up from 17 days last year), among Victoria's strongest house price gains, mostly 3-bedroom (around 60%).
Unit rentals sit just behind, with 74 leases at $375 a week, renting out in about 22 days (down from 24 days last year), mostly 1-bedroom (around 60%). Then come 53 house rentals at $545 a week (up), one of Victoria's strongest house rent gains. 43 unit sales at around $395k (up), among Victoria's strongest unit price gains.
Who lives hereA below-average-income, renter-heavy, mixed-age suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Herne Hill demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Herne Hill?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Herne Hill
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Herne Hill
Incomes, employment, and the occupation mix of the people who live here.
Household and personal income sit close together — lots of single-earner or lone-person homes.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Herne Hill
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Herne Hill
1 school inside Herne Hill, plus the closest options around it. Families can choose from 62 primary schools in Herne Hill and its surrounds, and 25 high schools covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Herne Hill · 1Order by
- 1Clonard CollegeCatholic · Secondary · Co-ed · Years 7-12 · Within suburbState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- Nearby · within 5 km · 79
- 2Sacred Heart CollegeCatholic · Secondary · Co-ed · Years 7-12 · Newtown · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 3Kardinia International CollegeIndependent · Combined · Co-ed · Years Prep-12 · Bell Post Hill · 3.8 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 4The Geelong CollegeIndependent · Combined · Co-ed · Years Prep-12 · Newtown · 3.8 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 5Belmont High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Belmont · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 6Geelong Grammar SchoolIndependent · Combined · Co-ed · Years Prep-12 · Corio · 3.8 kmState RankP Top 50%S Top 50%EnglishP ★★★★★★★★★★S ★★★★★★★★★★MathsP ★★★★★★★★★★S ★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 7Geelong Lutheran CollegeIndependent · Combined · Co-ed · Years Prep-12 · Armstrong Creek · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 8Newtown Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Newtown · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 9St Patrick's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Geelong West · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 10Fyans Park Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Newtown · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 11Chilwell Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Newtown · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 12St Robert's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Newtown · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 13Montpellier Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Highton · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 14Covenant CollegeIndependent · Combined · Co-ed · Years Prep-12 · Bell Post Hill · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 15Highton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Highton · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 16Belmont Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Belmont · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 17Bellaire Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Highton · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 18Clairvaux Catholic SchoolCatholic · Primary · Co-ed · Years Prep-6 · Belmont · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 19Nazareth SchoolCatholic · Primary · Co-ed · Years Prep-6 · Grovedale · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 20Lisieux Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Torquay · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual1%ICSEA Rank50th
- 21Torquay Coast Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Torquay · 3.8 kmState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students449Multilingual50%ICSEA Rank50th
- 22Holy Spirit Parish SchoolCatholic · Primary · Co-ed · Years Prep-6 · Manifold Heights · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 23Manifold Heights Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Manifold Heights · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 24Herne Hill Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hamlyn Heights · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 25Western Heights Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Hamlyn Heights · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 26Hamlyn Views SchoolGovernment · Special · Co-ed · Years U · Hamlyn Heights · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 27Hamlyn Banks Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Hamlyn Heights · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 28St Joseph's College GeelongCatholic · Secondary · Co-ed · Years 7-12 · Newtown · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 29Ashby Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Geelong West · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 30Nelson Park SchoolGovernment · Special · Co-ed · Years U · Bell Park · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 31Holy Family SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bell Park · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 32Matthew Flinders Girls Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Geelong · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 33North Geelong Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · North Geelong · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 34Bell Park North Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bell Park · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 35Rollins Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Bell Post Hill · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 36Geelong South Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · South Geelong · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 37St Mary's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Geelong · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 38Roslyn Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Belmont · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 39Geelong High SchoolGovernment · Secondary · Co-ed · Years 7-12 · East Geelong · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 40Barwon Valley SchoolGovernment · Special · Co-ed · Years U · Belmont · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 41Oberon Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Belmont · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 42Woodline PrimaryIndependent · Primary · Co-ed · Years Prep-6 · Ceres · 3.8 kmState Rank—English—Maths—Students449Multilingual1%ICSEA Rank50th
- 43St Margaret's SchoolCatholic · Primary · Co-ed · Years Prep-6 · East Geelong · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 44Christian College GeelongIndependent · Combined · Co-ed · Years Prep-12 · Highton · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 45St Thomas Aquinas SchoolCatholic · Primary · Co-ed · Years Prep-6 · Norlane · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 46Geelong English Language SchoolGovernment · Combined · Co-ed · Years Prep-10 · Belmont · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 47Tate Street Primary School GeelongGovernment · Primary · Co-ed · Years Prep-6 · Geelong East · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 48Wangala Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Belmont · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 49Ceres Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Ceres · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 50Northern Bay P-12 CollegeGovernment · Combined · Co-ed · Years Prep-12 · Corio · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 51Geelong East Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Geelong East · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 52Christ the King SchoolCatholic · Primary · Co-ed · Years Prep-6 · Newcomb · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 53MacKillop Specialist SchoolCatholic · Special · Co-ed · Years Prep-12 · Whittington · 3.8 kmState Rank—English—Maths—Students449Multilingual1%ICSEA Rank50th
- 54Newcomb Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Newcomb · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 55Grovedale Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Grovedale · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 56Geelong Baptist CollegeIndependent · Combined · Co-ed · Years Prep-12 · Lovely Banks · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 57Mandama Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Grovedale · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 58Newcomb Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Newcomb · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 59St Francis Xavier SchoolCatholic · Primary · Co-ed · Years Prep-6 · Corio · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 60Whittington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Whittington · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 61Grovedale West Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Grovedale · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 62Grovedale CollegeGovernment · Secondary · Co-ed · Years 7-12 · Grovedale · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 63Moolap Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Moolap · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 64Iona College GeelongCatholic · Secondary · Co-ed · Years 7-12 · Charlemont · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 65Mirripoa Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mount Duneed · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 66Oberon High SchoolGovernment · Secondary · Co-ed · Years 7-12 · Armstrong Creek · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 67Armstrong Creek SchoolGovernment · Combined · Co-ed · Years U, Prep-6 · Armstrong Creek · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 68Mount Duneed Regional Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Mount Duneed · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 69St Catherine of Siena Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Armstrong Creek · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 70Lara Lake Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lara Lake · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 71Leopold Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Leopold · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 72St Anthony's SchoolCatholic · Primary · Co-ed · Years Prep-6 · Lara · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 73Freshwater Creek Steiner SchoolIndependent · Primary · Co-ed · Years Prep-6 · Freshwater Creek · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 74Lara Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Lara · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 75Lara Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Lara · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 76St Mary MacKillop Catholic Primary SchoolCatholic · Primary · Co-ed · Years Prep-6 · Bannockburn · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 77Bannockburn P-12 CollegeGovernment · Combined · Co-ed · Years Prep-12 · Bannockburn · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 78Moriac Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Moriac · 3.8 kmState Rank—English—Maths—Students449Multilingual1%ICSEA Rank50th
- 79Wallington Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Wallington · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
- 80Surf Coast Secondary CollegeGovernment · Secondary · Co-ed · Years 7-12 · Torquay · 3.8 kmState Rank—English—Maths—Students449Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Herne Hill median house price & rent
Headline price, rent, yield and time on market for Herne Hill — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Herne Hill property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Herne Hill
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Herne Hill against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Herne Hill in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Severe shortage | 1.1 | ▼ -0.1 | 2 | 17 | 1.4 | |
| Balanced | 2.7 | ▲ +1.9 | 4 | 17 | 1.4 | |
| Slightly loose | 3.4 | ▲ +2.4 | 5 | 17 | 1.4 | |
| Loose | 4.0 | — | 6 | 17 | 1.4 | |
| Loose | 5.3 | ▲ +2.3 | 8 | 17 | 1.4 | |
| Loose | 5.5 | ▲ +3.5 | 8 | 17 | 1.4 | |
| Loose | 5.6 | ▲ +3.4 | 8 | 17 | 1.4 | |
| Loose | 6.6 | ▲ +5.8 | 9 | 17 | 1.4 |
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Herne Hill — Units & Houses, all bedrooms
Herne Hill median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Herne Hill rose from $454k (Jul 2021) to $606k (Jun 2026) — +33.5% growth over five years — peaking at $692k between Apr 2025 and Mar 2026. Median house rent went from $231/wk to $336/wk (+45.5%) over the same period. For units, the median sale price rose from $274k to $351k (+28.0%), with rent up from $216/wk to $246/wk (+13.9%) over the same period.
Suburbs near Herne Hill: prices compared
The nearest suburbs to Herne Hill, ranked by distance — each lined up against Herne Hill on the same measures, so the differences jump out at a glance.
Suburbs like Herne Hill
Suburbs anywhere in VIC that behave like Herne Hill — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Herne Hill vs Gladstone Park: the closest sales-market match trades at a median of $437k against Herne Hill's $512k — about 15% lower, with homes selling in 17 days versus 23 days here.
Comparable sales markets to Herne Hill: Gladstone Park property growth, Doreen market trends, Narre Warren median house price, Mount Evelyn median house price and Highton house prices.
Herne Hill's closest rental-market twins: Highton average house price, Mount Evelyn property market, Narre Warren median house price, Doreen (VIC 3754) and Gladstone Park house prices. Each link opens that suburb's full market report.
Frequently asked · Herne Hill
26 data-driven answers about Herne Hill's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Herne Hill?
#The median house price in Herne Hill, VIC 3218 is $512k as of June 2026, based on 24 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Herne Hill?
#The median unit price in Herne Hill, VIC 3218 is $512k as of June 2026, based on 24 sales over the past 12 months. Units have moved +50.0% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Herne Hill?
#The median weekly house rent in Herne Hill is $329 as of June 2026, drawn from 17 leases over the past 12 months. Units rent for around $329 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Herne Hill?
#A 3 bedroom house in Herne Hill rents for a median $329 per week as of June 2026, drawn from 17 leases over the past 12 months. Across other house sizes: 2-bedroom $329/week, 4-bedroom $329/week. Unit rents: 1-bedroom $329/week, 2-bedroom $329/week, 3-bedroom $329/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Herne Hill?
#Gross rental yield in Herne Hill is 3.35% for houses and 3.35% for units as of June 2026, compared with the VIC unit median of 3.38%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Herne Hill?
#As of June 2026, Herne Hill medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $512k | $512k | $512k | $512k |
| Units | $512k | $512k | $512k | — | $512k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Herne Hill median?
#At the median Herne Hill house ($512k purchase, $329/week rent), weekly mortgage repayments sit at roughly $427 — about $98 more per week than renting. That gap is the ownership premium. For the median unit ($512k purchase, $329/week rent), repayments run about $427 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Herne Hill's property market trends?
#Herne Hill's property market trends to June 2026: house prices rose +50.0% year-on-year and units +50.0%; weekly house rents moved +50.0%; homes sell in a median 23 days; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Herne Hill market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Herne Hill as an investment?
#As of June 2026 in Herne Hill, house prices rose +50.0% over the year, gross rental yield is 3.35% against a VIC median of 3.01%, houses take a median 23 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Herne Hill?
#Houses in Herne Hill sell in a median 23 days on market as of June 2026, with units clearing slightly similarly at 23 days. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Herne Hill a tight or loose property market right now?
#Herne Hill's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.
Have property prices in Herne Hill gone up or down?
#House prices in Herne Hill moved +50.0% over the 12 months to June 2026, while units moved +50.0%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Herne Hill?
#Herne Hill's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 20 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Herne Hill in its property market cycle?
#Herne Hill's house market is currently in the 'in_demand_easing' phase as of June 2026 — combining above-median sales velocity nationally with flat year-on-year days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Herne Hill compare to other VIC suburbs?
#Herne Hill's median house price ($512k) is 19% above the VIC median ($431k) as of June 2026. On selling speed, houses clear in 23 days vs 19 days state median. On gross yield, Herne Hill sits at 3.35% vs 3.01% state median.
How does Herne Hill compare to neighbouring suburbs?
#Herne Hill's most-similar nearby market is Gladstone Park (50.9 km away) with a median house price of $437k — about 15% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Herne Hill?
#The most-transacted segment in Herne Hill over the 12 months to June 2026 is 2 bed houses with 17 sales. 3 bed houses come second at 17 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Herne Hill last year?
#Herne Hill recorded 17 house sales and 17 unit sales over the 12 months to June 2026 — a combined 34 transactions. On the rental side, 20 houses and 20 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Herne Hill in?
#Herne Hill is in postcode 3218, in the Geelong region of VIC. Addresses there are written as Herne Hill, VIC 3218.
What is the population of Herne Hill?
#Herne Hill, VIC 3218 is home to 2,852 residents (ABS Census 2021). The median resident age is 18, and the average household holds 1.5 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Herne Hill?
#The median household in Herne Hill earns $792 per week — roughly $41k a year (ABS Census 2021). Median personal income runs $625/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Herne Hill?
#The unemployment rate in Herne Hill is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Herne Hill?
#Herne Hill is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Herne Hill?
#Herne Hill has 80 schools within reach, 1 of them inside the suburb itself — including Clonard College. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Herne Hill a good place to live?
#Herne Hill, VIC 3218 has a population of 2,852, a median age of 18, a median household income around $792/week, 50% of households renting (ABS Census 2021). There are 80 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Herne Hill market data last updated?
#This Herne Hill market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.