Real Estate Neerim Junction, VIC, 3832 Baw Baw

Thinking about buying in Neerim Junction? Now could not be a better time, with just 95 residential dwellings it's a highly sought after location.

The average property price for this area is $1,647,000 with prices in this suburb ranging from $464,000 to $2,042,000.

Distance to the coast is 51 Km.

Instant Valuation

Neerim Junction Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Neerim Junction 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 Neerim Junction due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Neerim Junction provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Neerim Junction to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Neerim Junction 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.


Household makeup

Median Weekly Rent $250.00
Median Monthly Mortgage $1658.00
Median Persons Per Bedroom 0.70
Average Household Size 2.00
Average Age 45.00
Average Income $847.00
Average Cars Per Dwelling 2.58
Average Properties Within 50M 2.00

Housing Stock

Houses for sale Neerim Junction

RayWhite 2964 MAIN NEERIM RD, NEERIM JUNCTION, VIC, 3832 3 1 4 $580,000 - $630,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Neerim Junction there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

Neerim Junction weather - Average Local Climate by month

Min (°C)
Max (°C)
Min (%)
Max (%)
(MJ/sq m)

source: Australian Government Bureau of Meteorology

Internet Speed

Fixed Wireless


Nearby Suburbs

NayookNeerimPiedmontNeerim NorthNoojeeNeerim SouthVesperFuminaNeerim EastGentle Annie

Public Transport

Garfield - Greater then 10KM Tynong - Greater then 10KM Warragul - Greater then 10KM Longwarry - Greater then 10KM Gembrook (Town) - Greater then 10KM Gembrook (Heritage) - Greater then 10KM Trafalgar - Greater then 10KM Yarragon - Greater then 10KM Bunyip - Greater then 10KM Drouin - Greater then 10KM

General Points of Interest

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