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Nearby Suburbs
Real Estate Market: Is Neerim South VIC 3831 a Good Suburb to Buy Into?
Housing Market in Neerim South
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
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| $520 | Bottom 28% |
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| Premium | Premium | Premium |
Housing Supply in Neerim South
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Neerim South
32.4%
Neerim South
32.4%
Latrobe
33.6%
Latrobe
33.6%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% |
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| 0.2 | Bottom 25% | Data for Jul 2023 | ||
| 32.6 | Top 19% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
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| 7 lots | Bottom 49% |
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| 12 | Top 13% |
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Housing Stock Quality in Neerim South
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 96.1% | Bottom 29% |
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| 2.5 | Top 48% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Neerim South
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Neerim South
47.9%
Neerim South
47.9%
Latrobe
30.6%
Latrobe
30.6%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 68.0 sq km | Top 17% | Data for Jan 2021 | ||
| 0.0 sq km | Top 46% | Data for Jun 2023 | ||
| 2190 sqm per resident | Top 40% | Data for Jan 2021 |
Risk in Neerim South
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Neerim South
36.5
Neerim South
36.5
Latrobe
36.1
Latrobe
36.1
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| 94.2% | Top 41% |
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| 5.8% | Bottom 41% |
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| 38 | Top 33% | Data for Jun 2023 | ||
| $1,550 | Bottom 30% |
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| 80 | Top 37% | Data for Jun 2023 | ||
| 75 | Bottom 40% | Data for Jun 2023 | ||
| 26.2% | Top 29% |
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| 43.5% | Top 36% |
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Housing Demand in Neerim South
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Neerim South
49.1%
Neerim South
49.1%
Latrobe
55.8%
Latrobe
55.8%
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 6900 | Bottom 25% |
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| 60800 | Bottom 45% |
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| Premium | Premium | Premium | ||
| 65600 | Top 22% |
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Unit Market in Neerim South
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Latrobe | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $404 | Bottom 24% |
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| Premium | Premium | Premium | ||
| 76.7% | Top 39% |
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Realtors (1)
| Headline | Place | Datetime |
|---|---|---|
| Biggin & Scott Neerim South | 115 Main Neerim St |
Accommodation Options (4)
| Headline | Place | Datetime |
|---|---|---|
| Gracefield Cottage | 135 Latrobe River Rd | |
| Neerim South Hotel | 91-109 Main Neerim Rd | |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Baw Baw |
Planning Applications: Dwellings (3)
| Headline | Place | Date |
|---|---|---|
| Construct buildings and works associated with a Section 2 use (Hospital) - Baw Baw Shire Council PLA0056/24 | 29-39 Main Neerim Road Neerim South VIC 3831, VIC | 29 May 2024 |
| Use of the land for a dwelling and associated development including restoration, partial demolition and extension of dwelling, removal of outbuilding and construction of a new outbuilding and fence - Baw Baw Shire Council PLA0075/22 | 42 Railway Road Neerim South VIC 3831, VIC | 07 Oct 2022 |
| Amend endorsed plans of PLA0223/20 - use and development of a dwelling - Baw Baw Shire Council AMD0037/21 | 78 Main Neerim Road Neerim South, VIC | 06 Aug 2021 |
Planning Applications: Other (12)
| Headline | Place | Date |
|---|---|---|
| Change of use to a winery, and application for a producers liquor licence. - Baw Baw Shire Council AMD0066/23 | 260 Mcdougal Road Neerim South VIC 3831, VIC | 14 May 2024 |
| Use of the Land for a Licensed Premises (Wine Bar) and Reduction in Car Parking and Bicycle Parking Requirements - Baw Baw Shire Council PLA0270/23 | 115 Main Neerim Road Neerim South VIC 3831, VIC | 08 May 2024 |
| Amending condition 5 by replacing the wording “Except with the prior written consent of the Responsible Authority, the use may only operate between the hours of: a) Monday to Thursday 9.00 am – 5.00 pm b) Friday to Sunday and Public Holidays 10.00 am – 11.00 pm” With “Except with the prior written consent of the Responsible Authority, the use may only operate between the hours of: a) Monday to Wednesday 9.00 am – 5.00 pm b) Thursday 12noon – 11.00 pm c) Friday to Sunday and Public Holidays 10.00 am – 11.00 pm” - Baw Baw Shire Council AMD0016/22 | 135-137 Main Neerim Road Neerim South 3831 , VIC | 02 Jun 2022 |
| Development of a building associated with boat and caravan storage. - Baw Baw Shire Council PLA0119/21 | 47-53 Queen Street Neerim South VIC 3831, VIC | 27 May 2022 |
| Limited Licence - Renewable - Victorian Commission for Gambling and Liquor Regulation 71281A01 | 21 Shirley Rd, Neerim South 3831, VIC | 11 Apr 2022 |
Median House Rental Prices by Street (2)
| Street | Date | Median rent (per week) |
|---|---|---|
| Kookaburra Gr | 22 Mar 2025 | $540 |
| Main Neerim Rd | 22 Mar 2025 | $425 |
Percent of Renters by Street (51)
| Percent of Renters | Street |
|---|---|
| 0.0% | Barr Rd |
| 0.0% | Addison St |
| 0.0% | Beck Rd |
| 46.2% | Becky Ln |
| 2.2% | Cowan Ct |
Turnover Rate by Street (48)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 25.0% | Le Page Rd | very tightly held | Every 40.0 years (very tightly held) | 2025 |
| 148.1% | Jindivick-Neerim South Rd | very high turnover | Every 6.8 years (very high turnover) | 2025 |
| 108.3% | Shirley Rd | very high turnover | Every 9.2 years (very high turnover) | 2025 |
| 83.3% | Sawyer Rd | average turnover | Every 12.0 years (average turnover) | 2025 |
| 192.3% | Red Hill Ct | very high turnover | Every 5.2 years (very high turnover) | 2025 |
Businesses (13)
| Name | Address |
|---|---|
| Childs Hodson Pty Ltd | 11, Townsend St |
| Peter Jennings Plumbing | 80, Mackintosh Rd |
| Brad Tomasetti Concreting Pty Ltd | |
| Cumming Builders | |
| Cain Mick Concreting |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 14 Von Mueller Dr | Price Withheld | 3.0 | 2.0 | 2.0 | 11 Feb 2025 | 0 | On Market |
| 223 Main Neerim Rd | Price Withheld | 3.0 | 1.0 | 2.0 | 10 Feb 2025 | 0 | On Market |
| Unit 4, 40-42 Main Neerim Rd | Price Withheld | 2.0 | 1.0 | 1.0 | 29 Jan 2025 | 0 | On Market |
| 58 Main Neerim Rd | Price Withheld | 2.0 | 1.0 | 1.0 | 20 Jan 2025 | 0 | On Market |
| 13 Burtonwood Ct | Price Withheld | 4.0 | 3.0 | 2.0 | 09 Jan 2025 | 0 | On Market |
Median House Sale Prices by Street (100)
| Street | Date | Median sale value |
|---|---|---|
| Currawong Cl | 25 Apr 2024 | $314,000 |
| Burtonwood Ct | 10 Apr 2024 | $459,500 |
| Jindivick-Neerim South Rd | 10 May 2024 | $565,000 |
| Kookaburra Gr | 10 May 2024 | $697,500 |
| Benjamin St | 10 May 2024 | $750,000 |
Median Unit Sale Prices by Street (93)
| Date | Median sale value | Street |
|---|---|---|
| 10 May 2024 | $435,000 | Jindivick-Neerim South Rd |
| 10 May 2024 | $725,000 | Main Neerim Rd |
| 31 May 2024 | 527300.0 | Benjamin St |
| 31 May 2024 | 552300.0 | Cowan Ct |
| 31 May 2024 | 538000.0 | Jindivick-Neerim South Rd |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 25 Kookaburra Gr | $580 | 4 | 2 | 0 | 19 Feb 2025 | 0 |
| 25 Kookaburra Gr | $580 | 4 | 2 | 0 | 19 Feb 2025 | 0 |
| 25 Kookaburra Gr | $580 | 4 | 2 | 0 | 19 Feb 2025 | 0 |
| 25 Kookaburra Gr | $580 | 4 | 2 | 0 | 19 Feb 2025 | 0 |
| 25 Kookaburra Gr | $580 | 4 | 2 | 0 | 19 Feb 2025 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 155 Sawyer Rd | Price Withheld | 3.0 | 2.0 | 3.0 | 14 Nov 2024 | On Market |
| 155 Sawyer Rd | Price Withheld | 3.0 | 2.0 | 3.0 | 14 Nov 2024 | On Market |
| 155 Sawyer Rd | Price Withheld | 3.0 | 2.0 | 3.0 | 14 Nov 2024 | On Market |
| 50 Shirley Rd | Price Withheld | 0.0 | 0.0 | 0.0 | 31 Jul 2024 | On Market |
| 50 Shirley Rd | Price Withheld | 0.0 | 0.0 | 0.0 | 31 Jul 2024 | On Market |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 1, 15 Jindivick-neerim South Rd | $450 | 2.0 | 1.0 | 2.0 | 14 Mar 2025 |
| Unit 1, 15 Jindivick-neerim South Rd | $450 | 2.0 | 1.0 | 2.0 | 14 Mar 2025 |
| Unit 1, 15 Jindivick-neerim South Rd | $450 | 2.0 | 1.0 | 2.0 | 14 Mar 2025 |
| Unit 1, 63 Main Neerim Rd | Price Withheld | 2.0 | 1.0 | 1.0 | 17 Apr 2023 |
| Unit 1, 63 Main Neerim Rd | Price Withheld | 2.0 | 1.0 | 1.0 | 17 Apr 2023 |
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