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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Herbert, the median property price for a house is currently 675,000 with annual capital growth of -1.46 . There were 24 house sales in the past 12 months. On average, houses spend 92 days on market.
Houses have seen -0.74 growth in the past quarter, and -1.46 growth in the past 12 months.
The size of Herbert is approximately 35.7 square kilometres. It has 2 parks covering nearly 1.9% of total area. The population of Herbert in 2011 was 1,436 people. By 2016 the population was 1,707 showing a population growth of 18.9% in the area during that time. The predominant age group in Herbert is 0-9 years.
Households in Herbert are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Herbert work in a trades occupation. In 2011, 83.9% of the homes in Herbert were owner-occupied compared with 80.2% in 2016.
The size of Herbert is approximately 35.7 square kilometres. It has 2 parks covering nearly 1.9% of total area. The population of Herbert in 2011 was 1,436 people. By 2016 the population was 1,707 showing a population growth of 18.9% in the area during that time. The predominant age group in Herbert is 0-9 years.
Households in Herbert are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Herbert work in a trades occupation. In 2011, 83.9% of the homes in Herbert were owner-occupied compared with 80.2% in 2016.
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| Key Market Data | House | Unit |
| Median price | 675,000 | – |
| Quarterly growth | -0.74 | – |
| 12-month growth | -1.46 | – |
| Average annual growth | +3.26 | – |
| Weekly median rent | – | – |
| Gross rental yield | 5.68 | 9.49 |
| Number of Sales (12m) | 24 | – |
| Avg. Days on Market (12m) | 92 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 1,436 | 1,707 |
| Population change (5y) | +79.50 | +18.90 |
| Median household income (p/w) | 1,891 | 2,615 |
| Household income change (5y) | +22.71 | +38.29 |
| Median age of persons | 34 | 34 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Herbert was 1,707 in 2016, a +18.90 change compared to 2011.
The predominant age group in Herbert is 0-9 years.
The population of Herbert was 1,707 in 2016, a +18.90 change compared to 2011.
The predominant age group in Herbert is 40-49 years.
Most of the population in Herbert were born in Australia.
Most of the population in Herbert were born in Australia.
Most of the population in Herbert report their religion as No Religion.
Most of the population in Herbert report their religion as No Religion.
Most of the population in Herbert report their income range as 182,000 .
The median household income in Herbert was 2,615 in 2016, a +38.29 change compared to 2011.
Most of the population in Herbert report their income range as between 78,000 and 130,000 .
The median household income in Herbert was 1,891 in 2011, a +22.71 change compared to 2006.
Most of the population in Herbert work as Trades.
Most of the population in Herbert work as Trades.
The chart below demonstrates the various levels of education in Herbert.
The chart below demonstrates the various levels of education in Herbert.
Most of the population in Herbert reached a qualification level of Certificate.
Most of the population in Herbert reached a qualification level of Certificate.
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