Herne Hill
The median rent for a 2-bedroom unit in Herne Hill is $410 a week for leases that started in the year to September 2025, up 2.5% on a year earlier. That is 5% below the typical 2-bedroom unit rent across Geelong ($430). The median sale price in the Mar 2026 quarter was $812,500 for a house and $430,000 for a unit. A year of rent for that home is about 5.4% of its median sale price (gross rental yield). The rent data covers Herne Hill-Geelong West as one area, so these rent figures are shared by Geelong West, Herne Hill.
Median rent in Herne Hill
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $340 | +6.2% | 114 |
| 2-bedroom unit | $410 | +2.5% | 139 |
| 3-bedroom unit | $575 | +5.5% | 32 |
| 2-bedroom house | $460 | +2.2% | 69 |
| 3-bedroom house | $520 | +4.0% | 227 |
| 4-bedroom house | $660 | +5.6% | 67 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $812,500 | Mar 2026 quarter |
| Unit | $430,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Lara $415 a week
- North Geelong $420 a week
- Belmont $430 a week
- Grovedale $430 a week
- Corio $380 a week
- Newtown (Greater Geelong) $440 a week