Herne Hill, VIC 3218

Property data updated 3,507 residents
Last 12 months snapshot
121 sales · 127 leases · Refreshed July 2026

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.

House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.

Census · ABS 2021

Herne Hill demographics & population

Population
3,507
Median age
36yrs
Avg household
2.1people
Male · Female
47% · 53%
Owner-occupied
Renting
Lone person
Couples, no kids
Born overseas
Year 12+

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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Property market