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
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51 WATTLE LANE, NEERIM SOUTH, VIC, 3831 |  3 |
 1 |
 1 |
$690,000 - $720,000 |
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2 CURRAWONG CL, NEERIM SOUTH, VIC, 3831 | |
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$285,000 - $309,000 | |
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5 KENNETH CT, NEERIM SOUTH, VIC, 3831 | 4 |
2 |
2 |
$620,000 - $640,000 |
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7 JINDIVICK-NEERIM SOUTH RD, NEERIM SOUTH, VIC, 3831 | 4 |
2 |
2 |
Offers by 6th December 2.00pm If not Sold Prior |
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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 2.2 | 8.4 | 17.2 | 46.2 | 89.2 | 4.0 | 23.5 |
| Feb | 3.9 | 8.4 | 16.7 | 51.1 | 92.0 | 3.3 | 19.7 |
| Mar | 4.1 | 6.2 | 13.5 | 62.2 | 94.8 | 3.2 | 15.6 |
| Apr | 4.8 | 3.9 | 9.8 | 68.1 | 95.4 | 3.7 | 11.8 |
| May | 4.6 | 1.2 | 5.9 | 70.7 | 95.0 | 4.0 | 8.4 |
| Jun | 4.9 | -0.9 | 3.2 | 75.3 | 97.2 | 3.0 | 7.4 |
| Jul | 7 | -1.6 | 1.9 | 81.4 | 97.1 | 3.3 | 6.9 |
| Aug | 6.4 | -1.9 | 2.5 | 78.5 | 98.4 | 3.7 | 8.9 |
| Sept | 6.8 | -0.2 | 5.9 | 65.4 | 96.2 | 4.2 | 13.5 |
| Oct | 4.7 | 2.4 | 10.2 | 57.2 | 93.4 | 3.9 | 18.5 |
| Nov | 5.3 | 4.1 | 12.3 | 56.2 | 93.9 | 4.0 | 21.7 |
| Dec | 5.0 | 6.4 | 15.0 | 52.7 | 91.9 | 3.9 | 23.8 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
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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