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All About Neerim South, Baw Baw, VIC, 3831

Neerim South, located in the Baw Baw region of Victoria, is a picturesque and friendly country town that has become increasingly attractive in the housing market. Known for its stunning natural surroundings and close-knit community, Neerim South offers a unique blend of rural charm and accessibility to nearby larger towns, such as Warragul. The housing market here tends to offer a range of options, from cozy homes perfect for families and retirees to larger rural properties for those seeking more land and privacy. In recent years, the area has seen a steady interest from buyers looking to escape the hustle of city life, drawn by the scenic views, the promise of a quieter lifestyle, and affordable housing compared to metropolitan areas.

Living in Neerim South is all about enjoying a slower pace of life, with a focus on community and nature. Residents often find themselves drawn to outdoor activities, given the town's proximity to natural attractions like the Tarago Reservoir Park and the Bunyip State Park. The town itself offers essential amenities, such as schools, shops, and a community center, while more extensive services are easily accessible in nearby larger towns. The community is known for its welcoming atmosphere, with local events and markets providing opportunities to connect with neighbors. Overall, Neerim South is ideal for those looking to enjoy a peaceful, community-oriented lifestyle surrounded by the beauty of Victoria’s countryside.

Household Makeup

Median Weekly Rent $317.00
Median Monthly Mortgage $1519.33
Median Persons Per bed houseroom 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
Typical 1 bed house$1,098,000
Typical 2 bed house$660,000
Typical 3 bed house$811,000
Typical 4 bed house$997,000
Typical 5 bed house$1,486,000
Typical 6 bed+ house$1,536,000

Housing Stock

Local Internet Speeds

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Neerim South Real Estate Market Outlook

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.

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.

Instant Property Valuation

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



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Nearby Suburbs

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