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Herne Hill

POSTAL CODE: VIC, 3218
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A steady increase in median property prices over a five-year period in the suburb translates to a -0.66% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $755,000

The augmented property values in the suburb are trailing above the territorial average of 3.22% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $490.

Home owners selling their properties and realtors in HERNE HILL usually have to wait an average of 34.6 days days before their assets are lifted off the market.

The VIC suburb ranks 350th on the list of best yielding suburbs for rental properties in VIC, posting a 3.37% return.

It also places places th in Australia based on median property value growth during the quarter.

Surburb overview

Herne Hill is an inner-northern suburb of Geelong in Victoria, located approximately 3 kilometres from the Geelong central business district and about 75 kilometres south-west of Melbourne. The suburb lies within the City of Greater Geelong and is positioned between Geelong West, Hamlyn Heights, and Manifold Heights, forming part of a well-established residential area.

According to recent census data, Herne Hill has a moderate population, with a demographic mix that includes families, older residents, and professionals, and a median age slightly above the national average.

Housing in the suburb is predominantly detached dwellings, many dating from the mid-20th century, alongside renovated homes and a smaller number of unit and townhouse developments reflecting gradual urban infill.

Road connectivity is supported by major routes such as Church Street and Minerva Road, as well as nearby access to the Princes Highway, providing links to central Geelong and surrounding suburbs. Public transport options include local bus services that connect Herne Hill to the Geelong CBD, neighbouring residential areas, and key commercial precincts.

Local amenities include small shopping strips and community services. At the same time, more extensive retail, dining, and commercial facilities are available in nearby Geelong West, particularly along Pakington Street, and in the central Geelong area.

Educational facilities in and around Herne Hill include primary schools within the suburb and secondary schools in neighbouring areas, with access to tertiary education in central Geelong, including Deakin University.

Recreational opportunities are supported by local parks, reserves, and sporting facilities, including nearby ovals and community spaces used for organised sport and leisure. The suburb retains elements of its historical development, with established streetscapes and community infrastructure contributing to its character.

Herne Hill continues to function as a stable residential suburb within the broader Geelong region, offering proximity to central amenities while maintaining a suburban environment.

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