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 › Whytes Pl
$2,300,000
Last sold
1 May 2026
5
Bedrooms
4
Bathrooms
5
Car spaces
297,443.947 m²
Land
244 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
$2,300,000
1 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Neerim South (last 5 years) with land size have a median of $607/m² of land (n=26). 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.
Vs Neerim South
+261.5%
Median sale
Suburb $636,320
-2.42 pp
Gross yield
Suburb 3.34%
Suburb median $636,320 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
RURAL ACTIVITY ZONE
RAZ
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.
The official layer maps a flood zone on this parcel, intersecting about 0.1% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
The official layer maps a bushfire risk zone on this parcel, intersecting about 99.8% of it (Vicmap Planning, retrieved 31 Aug 2026). Verify the extent against the title before relying on unaffected land.
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 RURAL ACTIVITY ZONE · RAZ (ZN). Official parcel area about 122,368 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.
0.1% of the official parcel intersects the loaded flood overlay. Layer: FLOODWAY OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 122,368 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; FLOODWAY OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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. Flood on or flagged for this lot can discount tenant demand versus a dry comparable.
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
This looks more like a hold-as-is house than a development site. Flood on the lot is the first thing to price.
Detail
Official parcel about 122,368 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; FLOODWAY OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Nearby competing dwellings and net yield are still unknown.
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.
4 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned RURAL ACTIVITY ZONE · RAZ (ZN). Official parcel area about 122,368 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?
KnownmediumOfficial parcel about 122,368 m² — land size can look like optionality. What reduces it: BUSHFIRE MANAGEMENT OVERLAY; DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; FLOODWAY OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
Knownmedium0.1% of the official parcel intersects the loaded flood overlay. Layer: FLOODWAY OVERLAY. That is a finance, insurance, and rentability screen — distinct from whether the land can be subdivided. It is not a flood certificate or an insurer quote.
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 OBrien Real Estate Clark WarragulA rare opportunity to secure one of the district's finest lifestyle holdings, this exceptional property offers the perfect blend of seclusion, convenience, and quality improvements on approximately 65 acres (26ha) of prime country.
With absolute Tarago River frontage and valuable irrigation, stock and domestic pumping rights, this is a property that ensures a permanent water supply, superb pastures, and excellent versatility for farming or lifestyle pursuits. The entire allotment is fully equipped with brand new stock fencing and multiple shed complexes, providing ideal infrastructure for a working farm or hobby enterprise.
The beautifully renovated 3-bedroom plus study residence boasts two spacious living zones and breathtaking views across the property and beyond. A separate, fully self-contained 1-bedroom granny flat adds even more flexibility – perfect for extended family, guests, or generating rental income.
Set on a quiet, private no-through road, this property guarantees peace and privacy while still being within easy reach of local amenities.
Key Features:
• Approx. 65 acres (26ha) of premium rural land
• Absolute Tarago River frontage with permanent water supply
• Irrigation, stock & domestic pumping rights
• Completely new stock fencing across the entire property
• Multiple shed complexes – excellent storage & farm infrastructure
• Renovated 3-bedroom + study home with two living zones & stunning views
• Separate self-contained 1-bedroom granny flat/apartment
• Secluded position on a private no-through road
This is lifestyle living at its absolute best – a first-class rural holding that is both productive and picturesque. Opportunities like this are rarely offered and tightly held.
Enquire today to arrange your private inspection.
Listing description written by Dave Clark, OBrien Real Estate Clark Warragul — reproduced as published, not verified by Districts.