2. VIC
  3. Baw Baw

Houses Units

Here you can find what you need to know about Neerim South, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$660K Median Sale Price (National Average $485k) 460th In VIC
10% Median Sale Price Change (1yr) (National Average 4.30%) 54th In VIC
Properties sold 19
Average discounting -5.88%
Average Days on Market 107
Stock on Market 20 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Neerim South, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Neerim South, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Neerim South, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Neerim South


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Suburb Information

Neerim South, VIC 3831

Part of: Baw Baw Council No data available

The size of Neerim South is approximately 63.9 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Neerim South in 2011 was 1,193 people. By 2016 the population was 1,302 showing a population growth of 9.1% in the area during that time. The predominant age group in Neerim South is 50-59 years. Households in Neerim South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Neerim South work in a professional occupation. In 2011, 81.5% of the homes in Neerim South were owner-occupied compared with 82.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Neerim South

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Neerim South   for Houses in last 12 months


There have been 19 Houses sold in Neerim South in the past 12 months with a median sale price of $660K, up 10.0% annually. It takes on average 74 days to sell with vendor discounting of -5.9%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Neerim VIC, 3831 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Nelligen NSW, 2536 -28.57% $750,000 Unavailable Unavailable View Suburb Profile
Banjup WA, 6164 30% $1,950,000 Unavailable Unavailable View Suburb Profile
Neilborough VIC, 3570 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Ambarvale NSW, 2560 9.87% $835,000 $550pw 3.4% View Suburb Profile
Nelly Bay QLD, 4819 4.50% $580,000 $550pw 4.9% View Suburb Profile

Currency

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