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City of Greater Geelong

Herne Hill

Herne Hill Property Market
& Suburb Profile

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MEDIAN PRICES IN HERNE HILL

Median house price

(all agencies, last 12 months)$751k*

House price change

(all agencies, last 12 months)+10.1%

Median unit price

(all agencies, last 12 months)$398k*

Unit price change

(all agencies, last 12 months)+15.36%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

HERNE HILL price TRACKER

HousesUnits

Herne Hill sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)25

Average days on market (units)

(all agencies, 12 months)49

Average held period in Herne Hill

(proptrack)11 years

Herne Hill Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$512pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$395pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)3.69%

Average rental yield for Units

(all agencies, last 12 months)4.76%

Herne Hill total population size

(as at the last census)3,507

Median household size in Herne Hill

(as at the last census)2.1

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Herne Hill property types

  • Houses 41%
  • Units 25%
  • Other 34%

OCCUPANCY in Herne Hill

  • Owned 60%
  • Rented 38%
  • Other/Not Stated 2%
  • Singles 40%
  • Families 56%
  • Other 4%

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About Herne Hill

Herne Hill is an established and increasingly sought-after residential suburb, highly valued for its quiet, family-friendly atmosphere and excellent connectivity within Geelong.

Located approximately five kilometres northwest of the Geelong city centre, the suburb offers residents a desirable mix of established homes - including classic post-war designs - and contemporary developments, contributing to its settled, unique charm. Its strong community feel and leafy pockets have positioned it as a smart choice for families, professionals, and investors seeking both value and lifestyle.

The suburb provides exceptional accessibility, which is a major drawcard. It is well-connected via public transport and offers easy access to the Geelong Ring Road, facilitating a straightforward commute to Melbourne or quick weekend trips to the Surf Coast.

For local amenities, residents are well-served by local shopping strips, particularly the Minerva Road Shopping Precinct and nearby retail hubs on Shannon Avenue, which provide essential services, cafes, and easy access to the cosmopolitan Pakington Street.

Herne Hill offers great recreational opportunities, with the suburb situated near the scenic Barwon River and its extensive network of walking and cycling trails. Local green spaces like Hurst Reserve and Queens Park provide ample room for community sports and outdoor leisure.

Education is also well-supported, with several excellent schools nearby, including Herne Hill Primary School, and proximity to reputable secondary colleges such as Clonard College and Western Heights College.

With a moderate median house price, low days on market, and steady growth, Herne Hill is often cited as a low-risk, high-value suburb, appealing to those who desire a relaxed suburban lifestyle without sacrificing access to Geelong’s key urban facilities.

Education

Clonard College
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Herne Hill MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025112$574,45310.10%134$454pw4.23%
202484$512,125-5.62%144$437pw4.21%
202375$573,750-5.22%154$420pw3.94%
202290$555,0003.52%139$402pw3.74%
2021113$573,00023.16%146$371pw3.34%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025112$574,453+10.10%
202484$512,125-5.62%
202375$573,750-5.22%
202290$555,000+3.52%
2021113$573,000+23.16%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025134$454pw4.23%
2024144$437pw4.21%
2023154$420pw3.94%
2022139$402pw3.74%
2021146$371pw3.34%

PROUDLY SERVICING Herne Hill

Barry Plant
Geelong

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*The State of Victoria owns the copyright in the property sales data and reproduction of that 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 licensed material 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.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.