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 › Stephens Ct
2
Bedrooms
2
Bathrooms
2
Car spaces
422 m²
Land
117.06 m²
Building
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 416 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 416 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 For Sale By OwnerThe Phone Code for this property is: 89556. Please quote this number when phoning or texting.
Nestled within the peaceful and highly sought-after friendly Tarago Gardens "Over 55's" Village of Neerim South is this exceptionally presented residence.
On a large corner block with just one neighbour and stunning Mountain views this home has been Meticulously maintained.
Ideal for the retiree or downsizer looking for a secure, independent lifestyle.
At Tarago Gardens you own your Home and you own the Land. You do not lease the land.
This quality brick home built with steel frame is presented in as New Condition. It has only had one owner since being built in 2015. Offering a relaxed safe country lifestyle framed by mountain vistas. This charming home presents the perfect opportunity to downsize without sacrificing comfort, space, or convenience.
Ideally located just 700 metres from the towns Medical Centre and Pharmacy, walking distance from the Over 55's Village via a gate to the local bowls club and a short less than a kilometre drive or walk if you prefer to the town centre, cafés, restaurants, hardware store and everyday amenities.
As you enter the home via the security door the generously appointed foyer with direct access to the garage instantly makes you feel at home. The timber look flooring is a stunning addition to the home. The home comprises of two generously sized bedrooms and bathrooms. The spacious master suite found at the front of the home features a full-size wall to wall built in robe, spacious ensuite complete with large shower, vanity, and toilet and its own reverse cycle heating & cooling for year-round comfort. There is even a spot to mount your T.V to watch your favourite shows from bed.
The second bedroom is large enough to fit a queen's size bed comfortably. Includes a built-in robe. The full-size main bathroom also comprising of a large shower, vanity, and toilet.
A very handy addition to the home located across from the second bedroom is a large walk in Linen Press or additional storage.
At the heart of the home is the very well-appointed large modern kitchen, offering ample bench space for your Coffee Machine and a dedicated spot for a Microwave. An abundance of stylish timber look cabinetry and a large walk-in pantry. Exactly what every kitchen needs! The kitchen has quality stainless steel appliances inc a 900mm upright Westinghouse Electric Oven with Gas hotplates and a Dishwasher. The large Island Bench connects you to the dining area and overlooks the main living room. This inviting space creates the perfect hub of the home which also includes large reverse cycle heating & cooling for year-round comfort. Superb functionality for everyday cooking and entertaining.
Filled with natural light from large windows and sliding doors the spacious living area provides a comfortable place to relax, while the separate dining area offers an ideal setting for meals and entertaining. Both the dining room and living room are situated at the rear of the home and look out at the mountain views. Perfectly located are two alfresco areas positioned under the roofline which create the perfect space for year-round entertaining. Access via large sliding doors (security doors on both) off the living area.
Outside, the landscaped front yard and backyard showcase established gardens which create a retreat that is easy to maintain. The established north facing rear garden provides a sense of privacy where you can enjoy blissful sunny afternoons taking in the lush rolling countryside in peace and quiet out on the rear Alfresco. For the veggie gardening enthusiast there are three large above ground garden beds ready to be planted with your favourite seedlings purchased from the local hardware store. Or enjoy the fruits from the established fruit trees which produce an abundance of apples, apricots and plums every year.
Completing the property is a large single car garage measuring 6.8m in length with remote roller door and internal access. This provides secure vehicle accommodation. There is also a large driveway with ample space for another vehicle. The garage also houses additional cupboard storage space along one full wall.
For your everyday convenience, the garage contains the homes laundry. Allowing you to have the washing machine going and still have a quiet home. The garage absorbing the noise. The personal garage door also has a security door and provides direct access to the clothesline which is in full sun all year round.
The home also offers Instant Gas Hot water.
This home defiantly offers total secure living of generous proportions, excellent storage and lovely covered alfresco areas. It's that home where everything has already been done. Simply move in and enjoy.
Other Bonus's offered with this property -
Located just 15 minutes country driving to the towns of Warragul/Drouin both offering a Vline Train Service and an abundance of retail shopping.
Also conveniently located just 20minutes drive from the Village is the M1 Freeway, Melbounre being a little over an hour's drive away.
Please feel free to get in contact anytime you would like to arrange a private inspection.
I am Available Every day of the week including weekends.
I look forward to meeting you and providing even more information on 1 Stephens Court, Neerim South.
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (VIC), For Sale By Owner — reproduced as published, not verified by Districts.