Neerim South at a glance
1,643
People
$636,320
Median sale
$409/wk
Median rent
3.34%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
VIC › Neerim South › Cowan Ct
2
Bedrooms
2
Bathrooms
2
Car spaces
374 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Neerim South (last 5 years) with land size have a median of $581/m² of land (n=27). Districts calculation from recorded sales — not a valuation.
Neerim South at a glance
1,643
People
$636,320
Median sale
$409/wk
Median rent
3.34%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Baw Baw
Baw Baw, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 374 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $409/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 374 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Neerim South at a glance
1,643
People
$636,320
Median sale
$409/wk
Median rent
3.34%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by exp Australia VICDiscover the perfect balance of independence and community in the highly sought-after Tarago Gardens Over-55s Village. Here, you own both your land and home, giving you security and peace of mind while enjoying a welcoming and friendly neighbourhood. Ideally located, this property is just moments from the Neerim District Bowling Club, local shops, and essential medical facilities, with the major townships of Drouin and Warragul only 15 minutes away. With convenient bus transport to both towns-including access to V/Line stations getting around is a breeze. This beautifully designed JG King steel-framed home offers modern, low-maintenance living with thoughtful features throughout.
Property Features:
* Land size: 374m².
* 2-bedroom, 2-bathroom, oversized 2-car garage.
* Primary bedroom with ensuite and two built-in robes (2x 2-door).
* Designer kitchen with stone benchtops, stainless steel appliances & a 900mm upright cooker with 5-plate gas hotplates.
* Main living area with built-in cabinetry for extra storage.
* Spacious open-plan kitchen, living & dining, seamlessly flowing to the alfresco area.
* Quality window furnishings: Roller blinds, honeycomb blinds (bedrooms) and curtains
* Climate comfort: Split-system heating & cooling + ceiling fans in bedrooms & living.
* Euro laundry for efficient use of space.
* Outdoor entertaining: Roofed alfresco with café & block-out blinds, perfect for year-round enjoyment.
* Landscaped backyard with a grass area ideal for pets & a tool shed.
* Oversized remote double garage (5.5m x 7.6m) for extra storage/workspace.
* 1.8kW Greenbank solar panels (6) with rooftop inverters for energy efficiency.
* Convenient public transport links to Warragul & Drouin (both with V/Line stations).
This is the perfect home for those looking to downsize without compromise. Move in, relax, and enjoy all that Tarago Gardens and the surrounding community have to offer.
📞 For more information or to arrange an inspection, contact Ben Codling on 0448 182 707.
**Like Superman we always do everything in our power to provide you with up to date & accurate info on all our properties - however we highly recommend that you do your own due diligence by contacting all relevant shires & government departments, plus speak with your own advisors. Virtual Grass has been used. Due Diligence Checklist can be found here - https://www.consumer.vic.gov.au/duediligencechecklist(Baw Baw RE, eXp Australia, Ben Codling & all associated identities accept no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website.)
This is the perfect home for those looking to downsize without compromise. Move in, relax, and enjoy all that Tarago Gardens and the surrounding community have to offer.
📞 For more information or to arrange an inspection, contact Ben Codling on 0448 182 707.
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.
Due Diligence Checklist https://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Ben Codling, exp Australia VIC — reproduced as published, not verified by Districts.
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