Hernes Oak
VIC, 3825
-
Latrobe (Vic.)
Thinking about buying in Hernes Oak? Now could not be a better time, with just 161 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $812,000 with prices in this suburb ranging from $354,000 to $1,531,000. The aproximate distance to the coast is 47 Km.
Household Makeup
| Median Weekly Rent | $250.00 |
| Median Monthly Mortgage | $1170.00 |
| Median Persons Per Bedroom | 0.70 |
| Average Household Size | 2.00 |
| Average Age | 45.00 |
| Average Income | $691.00 |
| Average Cars Per Dwelling | 1.68 |
| Average Properties Within 50M | 2 |
Housing Stock
Average Property Prices
| 1 Bed $736,000 |
| 2 Bed $466,000 |
| 3 Bed $771,000 |
| 4 Bed $823,000 |
| 5 Bed $858,000 |
Hernes Oak Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Hernes Oak driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Hernes Oak due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Hernes Oak changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Hernes Oak necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Hernes Oak the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Houses for sale Hernes Oak
|
15 donelan dr, hernes oak, vic, 3825 |  4 |
 2 |
 3 |
$940,000 - $980,000 |
Local Schools
Newborough Primary School
Baringa Special School
Immaculate Heart of Mary School
Moe (South Street) Primary School
(While the above schools are located with the suburb of Hernes Oak there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Hernes Oak weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.2 | 13.4 | 27.9 | 39.2 | 90.4 | 4.3 | 23.6 |
| Feb | 2 | 13.5 | 27.0 | 43.1 | 92.7 | 4.1 | 19.7 |
| Mar | 1.8 | 11.8 | 24.4 | 46.1 | 92.7 | 3.8 | 14.5 |
| Apr | 1.9 | 9.2 | 20.8 | 52.9 | 95.3 | 3.2 | 11.2 |
| May | 1.8 | 6.2 | 17.0 | 59.4 | 95.3 | 3.4 | 8.5 |
| Jun | 1.9 | 3.9 | 14.2 | 65.0 | 95.4 | 3.0 | 7.5 |
| Jul | 1.9 | 4.1 | 14.0 | 62.8 | 95.2 | 3.7 | 7.5 |
| Aug | 2.6 | 4.5 | 14.9 | 57.9 | 94.8 | 4.0 | 10.0 |
| Sept | 2.4 | 6.1 | 17.6 | 51.1 | 94.0 | 4.3 | 14.2 |
| Oct | 2.0 | 7.6 | 20.3 | 49.3 | 94.2 | 4.1 | 19 |
| Nov | 2.3 | 9.4 | 22.8 | 47.6 | 94.0 | 4.3 | 21.5 |
| Dec | 1.7 | 11.7 | 25.3 | 42.4 | 92.3 | 4.4 | 23.6 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Moe - Less than 10 KM
Traralgon - Greater then 10KM
Walhalla - Greater then 10KM
Warragul - Greater then 10KM
Morwell - Less than 10 KM
Trafalgar - Greater then 10KM
Yarragon - Greater then 10KM
General Points of Interest
Latrobe Valley Yacht Club - Less than 10 KM
Immigration Park - Less than 10 KM
BMX Track - Less than 5 KM
Moe Golf Course - Less than 10 KM
Bryant Park - Less than 5 KM
Gippstown Heritage Park - Less than 10 KM
Yallourn North Outdoor Pool - Less than 10 KM
Monash University Dept of Rural & Indigenous Health - Less than 10 KM
Moe Bowls Club - Less than 10 KM
Yalloun Golf Club - Less than 5 KM
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