AREA REPORTS

Herne Hill

WA/
Herne hill

Suburb Profile

Herne Hill - FREE SUBURB PROFILE REPORT
POSTAL CODE: WA,6056

house

HERNE HILL, 6056 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 $613,000.

Profits due to an upward trend in home prices in the suburb averaged 15.03% per annum over a 3-year period.

HERNE HILL now ranks at the 6th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in HERNE HILL are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $460.5 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In HERNE HILL, homes and units usually stay on listing for an average of 0.0 days.

In 2016, 12 properties were sold in HERNE HILL during the past year, making it the 410th most active market in WA based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $613,000 N/A
GROWTH REPORT
Median Quarterly 17.88% N/A
Median 12 month 34.73% N/A
Median 3 years 45.09% N/A
Median 5 years 23.84% N/A
10 years average annual 0.81% N/A
Weekly media advert. rent $460.5 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 3.91% N/A
demographics (median values)
Total Population
1468
Weekly Household Income
1098
Household Size
2.70
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Sydney

The Sydney suburbs tipped to bounce back first

If investors want to capitalise on market conditions in Sydney, they may want to consider watching these key markets and their surrounding s...

Aerial shot of property

Current downturn ‘unprecedented’, research analyst claims

A research analyst has analysed the last three decades of value rises and declines and has made a conclusion that he called “unprecedented...

Crowd of people

New supply needed to make way for population growth

The release of new data by the ABS about an increase in Australia’s population highlights the need for further supply to be built, accordi...

Property

BLOG: Why you shouldn’t always take the shortcuts

You have a responsibility owning property: number one to yourself, to make sure that the asset is performing as well as possible; and number...

Construction of infrastructure

Expert insight: How infrastructure projects affect property price growth

Infrastructure has always been cited as a main indicator of potential capital growth for investment properties — how exactly do existing a...

Aerial shot of property

The types of property making money for investors in 2019

The current property market is seeing a boost of confidence following recent political and financial moves. If investors what to stand out i...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.