Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Neerim South › Stephens Ct

1 Stephens Ct, Neerim South VIC 3831

House

2

Bedrooms

2

Bathrooms

2

Car spaces

422 m²

Land

117.06 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • CalculationRecorded House sales in Neerim South (last 5 years) with land size: median $581/m² of land (n=27). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

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.

See the full Neerim South report →

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Baw Baw

Baw Baw, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 421203486

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Soldprice unknown5 Aug 2026
  2. Listedprice unknowncompleted1 July 2026
  3. Listedprice unknowncompleted1 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownmedium

    Zoned 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

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownlow

    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.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Neerim South in one glance

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.

See the full Neerim South report →

Keep researching

  • Why Neerim South? Read the area thesis →
  • What else is on the market in Neerim South →
  • Other records on Stephens Ct →

Listing material

Listed by For Sale By Owner

Own your Home and the Land at Tarago Gardens Over 55's Village. The Village offers Secure, Independent Living and You don't Lease the Land You OWN IT!

The 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.

Read the full description

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.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.