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Neerim South
VIC, 3831 - Baw Baw

Thinking about buying in Neerim South? Now could not be a better time, with 1094 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $890,000 with prices in this suburb ranging from $117,000 to $5,115,000.

Distance to the coast is 44 Km.

Household Makeup

Median Weekly Rent $317.00
Median Monthly Mortgage $1519.33
Median Persons Per Bedroom 0.77
Average Household Size 3.00
Average Age 46.33
Average Income $691.33
Average Cars Per Dwelling 2.23
Average Properties Within 50M 6

Average Property Prices

1 Bed $1,098,000
2 Bed $660,000
3 Bed $811,000
4 Bed $997,000
5 Bed $1,486,000
6 Bed+$1,536,000
Instant Property Valuation

Neerim South Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Neerim South 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 South 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 South 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 South 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 South 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.

Housing Stock

Houses for sale Neerim South

At Realty 41 SHIRLEY RD, NEERIM SOUTH, VIC, 3831 Beds4 Bathrooms2 Parking 0 $730,000 - $760,000
At Realty 72 MAIN NEERIM RD, NEERIM SOUTH, VIC, 3831 Beds2 Bathrooms1 Parking 0 $690,000 - $759,000
Belle Property 340 JINDIVICK-NEERIM SOUTH RD, NEERIM SOUTH, VIC, 3831 Beds Bathrooms $565,000
Elders 18-20 JINDIVICK-NEERIM SOUTH RD, NEERIM SOUTH, VIC, 3831 Beds4 Bathrooms2 Parking 2 $1,250,000
Harcourts 5 BIRDSONG RISE, NEERIM SOUTH, VIC, 3831 Beds4 Bathrooms2 Parking 2 $730,000 - $790,000
OneAgency 28 MCDOUGAL RD, NEERIM SOUTH, VIC, 3831 Beds3 Bathrooms2 Parking 5 $870,000-$920,000
OneAgency 2 CURRAWONG CL, NEERIM SOUTH, VIC, 3831 Beds0 Bathrooms0 Parking 0 $339,000 NEW PRICE

Local Schools

Neerim District Secondary College

Neerim South Primary School

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

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Neerim South 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
Jan2.28.417.246.289.24.023.5
Feb3.98.416.751.192.03.319.7
Mar4.16.213.562.294.83.215.6
Apr4.83.99.868.195.43.711.8
May4.61.25.970.795.04.08.4
Jun4.9-0.93.275.397.23.07.4
Jul7-1.61.981.497.13.36.9
Aug6.4-1.92.578.598.43.78.9
Sept6.8-0.25.965.496.24.213.5
Oct4.72.410.257.293.43.918.5
Nov5.34.112.356.293.94.021.7
Dec5.06.415.052.791.93.923.8

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

CrossoverNeerim EastNeerimBuln Buln EastRokebyJindivickBravingtonBuln BulnNeerim JunctionNeerim North

Public Transport

Moe - Greater then 10KM Garfield - Greater then 10KM Tynong - Greater then 10KM Warragul - Greater then 10KM Longwarry - Greater then 10KM Nar Nar Goon - Greater then 10KM Trafalgar - Greater then 10KM Yarragon - Greater then 10KM Bunyip - Greater then 10KM Drouin - Greater then 10KM

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