The demographics of Herne Hill’s population

Herne Hill is a popular area for landlords looking for a profitable investment. However, it’s important to understand the population and their characteristics before investing.

Population 

The population of Herne Hill is around 14,000 people and is growing at a steady rate. This population size is smaller than the average London borough town, which is around 75,000 people. However, the growth rate in Herne Hill is higher than the average London borough, making it a potentially profitable investment area.

Herne Hill also has a relatively young population, with a median age of 33 years old. This is lower than the UK average of 45 years old. This younger population can be attractive to landlords as they are more likely to be renting and looking for accommodation.

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Employment & education rate

The employment rate of the population in Herne Hill is also worth considering. The employment rate in Herne Hill is around 72%, suggesting that the majority of the population is employed and able to afford rental properties.

The education level of the population is also relatively high. The area has a high proportion of people with a degree or higher education qualification, and is also home to a number of students, thanks to the Brixton Campus of Lambeth College and the University of the Arts London Camberwell College of Arts.

Crime rate

The area has a relatively low crime rate compared to the average London borough. This can be reassuring for potential landlords and tenants alike.

Conclusion 

Herne Hill is a popular area for landlords looking for a profitable investment. It has a young, employed, and educated population with a growing population size, a high proportion of renters and a relatively low crime rate. All of these factors make Herne Hill an attractive area for landlords looking for a buy-to-let investment. However, it’s important to consider all of these factors before making a final decision.

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Sam has a wealth of experience across the private landlord and Build to Rent sectors. He has advised a wide range of clients across the whole of London on how to find great tenants, improve their assets and effectively market their properties for the best returns.

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