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Suburb_Flyover_HERNE_HILL_10-04-2024

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Published by josephtaranto, 2024-04-09 19:41:58

Herne Hill

Suburb_Flyover_HERNE_HILL_10-04-2024

HERNE HILL (HOUSE) SUBURB FLYOVER REPORT PREPARED BY: DAVID MCGUINNESS, MCGRATH GEELONG | NEWTOWN


HERNE HILL - Suburb Map This report has been compiled on 10/04/2024 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2024 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


HERNE HILL - Sales Statistics (Houses) Year # Sales Median Growth Low High 2006 63 $ 224,000 0.0 % $ 115,000 $ 836,000 2007 62 $ 238,250 6.4 % $ 90,000 $ 457,500 2008 54 $ 250,000 4.9 % $ 80,000 $ 345,000 2009 50 $ 280,000 12.0 % $ 195,000 $ 508,000 2010 66 $ 321,750 14.9 % $ 30,000 $ 800,000 2011 44 $ 319,000 -0.9 % $ 150,000 $ 455,000 2012 69 $ 320,000 0.3 % $ 167,500 $ 470,000 2013 75 $ 350,000 9.4 % $ 120,000 $ 540,000 2014 60 $ 356,000 1.7 % $ 172,000 $ 523,500 2015 49 $ 367,500 3.2 % $ 250,000 $ 633,000 2016 71 $ 406,000 10.5 % $ 100,000 $ 937,000 2017 77 $ 485,000 19.5 % $ 300,000 $ 757,000 2018 77 $ 550,000 13.4 % $ 230,000 $ 880,000 2019 66 $ 533,750 -3.0 % $ 22,859 $ 1,305,000 2020 59 $ 600,000 12.4 % $ 310,000 $ 1,005,000 2021 78 $ 738,000 23.0 % $ 285,000 $ 1,620,000 2022 63 $ 765,000 3.7 % $ 550,000 $ 2,900,000 2023 46 $ 715,000 -6.5 % $ 246,666 $ 1,201,000 2024 3 $ 600,000 -16.1 % $ 570,000 $ 650,000 Suburb Growth -9.2% Previous Median Price: $760,000 Current Median Price: $690,000 Based on 99 recorded House sales compared over the last two rolling 12 month periods Median Sale Price $690k Based on 40 recorded House sales within the last 12 months (Apr '23 - Mar '24) Based on a rolling 12 month period and may differ from calendar year statistics This report has been compiled on 10/04/2024 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2024 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


HERNE HILL - Peak Selling Periods (3 years) HERNE HILL - Price Range Segments (12 months) This report has been compiled on 10/04/2024 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2024 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


Median Weekly Rents (Houses) Suburb Rental Yield +3.5% Current Median Price: $690,000 Current Median Rent: $470 Based on 63 registered House rentals compared over the last 12 months. -9.2% Current Median Price: $690,000 Previous Median Price: $760,000 Based on 99 registered House sales compared over the last two rolling 12 month periods. Suburb Sale Price Growth Median Weekly Rents (Units) Suburb Rental Yield +4.3% Current Median Price: $404,250 Current Median Rent: $333 Based on 86 registered Unit rentals compared over the last 12 months. +12.3% Current Median Price: $404,250 Previous Median Price: $360,000 Based on 50 registered Unit sales compared over the last two rolling 12 month periods. Suburb Sale Price Growth This report has been compiled on 10/04/2024 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2024 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


HERNE HILL - Recently Sold Properties # Sold Properties 40 Based on recorded House sales within the 12 months (Apr '23 - Mar '24) Based on a rolling 12 month period and may differ from calendar year statistics Suburb Growth -9.2% Previous Median Price: $760,000 Current Median Price: $690,000 Based on 99 recorded House sales compared over the last two rolling 12 month periods Median Sale Price $690k Based on 40 recorded House sales within the last 12 months (Apr '23 - Mar '24) Based on a rolling 12 month period and may differ from calendar year statistics 29 KEDLESTON RD 552 m² 3 1 1 $710,000 Apr 2024 42 Days 44 HENNESSY AVE 604 m² 3 1 3 $610,000 Mar 2024 8 Days 6 INGRID CRT 586 m² 4 2 2 $730,000 Mar 2024 26 Days 1A GRACE CRT 496 m² 3 1 2 $630,000 Feb 2024 13 Days 13 HENNESSY AVE 628 m² 1 1 2 $570,000 Feb 2024 125 Days 1 EDINBURGH AVE 422 m² 2 - - $650,000 Jan 2024 N/A 9 BAKEWELL ST 609 m² 3 1 2 $600,000 Jan 2024 77 Days 13 FINCHAVEN ST 756 m² 3 - - $731,951 Dec 2023 N/A 11 GREAT BRITAIN ST 601 m² 4 1 2 $625,000 Dec 2023 5 Days This report has been compiled on 10/04/2024 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2024 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


221 CHURCH ST 702 m² 2 - - $800,000 Nov 2023 N/A 34 MCCURDY RD 604 m² 3 1 2 $762,000 Nov 2023 36 Days 10 KAROOMBA AVE 530 m² 3 1 2 $620,000 Nov 2023 46 Days 113 MINERVA RD 810 m² 3 1 4 $246,666 Nov 2023 N/A 56 ITKESTON ST 613 m² 3 1 3 $545,000 Nov 2023 53 Days 322 AUTUMN ST 714 m² 3 2 - $800,000 Oct 2023 N/A This report has been compiled on 10/04/2024 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2024 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


HERNE HILL - Properties For Rent 63 Number of Rentals Based on recorded House rentals within the last 12 months (Apr '23 - Mar '24) Based on a rolling 12 month period and may differ from calendar year statistics Rental Yield +3.5% Current Median Price: $690,000 Based on 40 recorded House sales and 63 House rentals compared over the last 12 months Current Median Rent: $470 Median Rental Price $470 /w Based on 63 recorded House rentals within the last 12 months (Apr '23 - Mar '24) Based on a rolling 12 month period and may differ from calendar year statistics 13 CASTLETON ROAD 606 m² 3 1 2 Apr 2024 2 Days $460 per week 7 PANORAMA ROAD 350 m² 3 1 1 Apr 2024 5 Days $520 per week 6 CASTLETON ROAD 697 m² 3 1 2 Mar 2024 22 Days $470.00 1 STAFFORD STREET 470 m² 3 2 1 Mar 2024 33 Days $460 1/3 GREAT BRITAIN STREET 602 m² 3 2 2 Aug 2023 252 Days $430 per week This report has been compiled on 10/04/2024 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2024 - www.pricefinder.com.au © The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


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