Neerim South
VIC, 3831 - Baw Baw

Thinking about buying in Neerim South? Now could not be a better time, with 1094 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $890,000 with prices in this suburb ranging from $117,000 to $5,115,000. The aproximate 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

Housing Stock

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

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.

Houses for sale Neerim South

At Realty 74 MAIN NEERIM RD, NEERIM SOUTH, VIC, 3831 Beds3 Bathrooms2 Parking 1 $595,000 - $625,000
Belle Property 340 JINDIVICK-NEERIM SOUTH RD, NEERIM SOUTH, VIC, 3831 Beds Bathrooms $489,000
Harcourts 5 KENNETH CT, NEERIM SOUTH, VIC, 3831 Beds4 Bathrooms2 Parking 2 $690,000 - $730,000
Harcourts 5 BIRDSONG RISE, NEERIM SOUTH, VIC, 3831 Beds4 Bathrooms2 Parking 2 $730,000 - $790,000
Harcourts UNIT 2, 226 MAIN NEERIM RD, NEERIM SOUTH, VIC, 3831 Beds2 Bathrooms1 Parking 1 $449,000 - $479,000
OneAgency 11 BENJAMIN ST, NEERIM SOUTH, VIC, 3831 Beds4 Bathrooms2 Parking 2 $830,000-$860,000
OneAgency 2 CURRAWONG CL, NEERIM SOUTH, VIC, 3831 Beds0 Bathrooms0 Parking 0 $299,000 to $309,000 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

Min (°C)
Max (°C)
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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

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