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 › Station St
$995,000
Last sold
3 July 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
6,798.719 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
$995,000
3 July 2025 · 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
+56.4%
Median sale
Suburb $636,320
-1.20 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
LOW DENSITY RESIDENTIAL ZONE
LDRZ
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 LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 6,829 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. Official parcel about 6,829 m² — land size can look like optionality. 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 LOW DENSITY RESIDENTIAL ZONE · LDRZ (ZN). Official parcel area about 6,829 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?
KnownlowOfficial parcel about 6,829 m² — land size can look like optionality. 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 First National Real Estate WarragulSet on approximately 1.68 acres on the fringe of Neerim South township, is this breathtaking lifestyle property where stunning mountain and rural vistas surround you at every turn. With a beautifully positioned north-facing homestead, thoughtfully designed outdoor spaces, and excellent infrastructure, this property offers the perfect blend of comfort, charm, and functionality.
The residence is nestled in picturesque landscape surrounds, making the most of its elevated position. From the front veranda to the Tuscan-inspired alfresco, every space is designed to capture the spectacular outlooks and invite you to enjoy the serenity of the setting. Inside, the light-filled home offers a seamless blend of character and modern convenience, featuring four bedrooms, including a recently refurbished main bedroom suite featuring spacious walk-in robe, new carpet and a brand-new en-suite featuring a beautiful feature tile and brass tapware. The additional bedrooms, all with built-in robes, also enjoy magnificent views, while the third and fourth bedroom boasts a split-system air conditioner.
Designed for relaxed family living, the heart of this passive solar home is the north-facing open-plan living area, including expansive glazing with slate floors to capture the sun. With soaring raked ceilings, ceiling fan, solid fuel heater and split-system air conditioner this is a very inviting space.
The kitchen adds a touch of retro charm while offering modern practicality, including a 900mm gas cooktop and black rangehood, Asko Pyrolytic self - cleaning electric wall oven as well as an additional self-cleaning Asko Combi-steam oven, large pot drawers all self-closing, corner pantry, large dishwasher and a stylish new black double sink. Other features include extra storage above the fridge, a stylish brass pull down tap and ample bench space ensures the perfect space for preparing family meals.
Adding to the home's versatility is a spacious rumpus room with retro bar, a cozy pot belly stove and ceiling fan and beautiful copper light fittings. There is also direct access to both the front and rear verandas—making it the ideal retreat for entertaining or relaxing year-round. The home is also energy-efficient, with 16 solar panels reducing power costs including hot water.
Beyond the home, the property is well-fenced into four paddocks and benefits from both mains and tank water. A large shed offers a high-clearance single garage with a roller door, a three-bay section that includes space for a vehicle and a workshop, plus an additional single carport. Other features include sundry shedding, a fully enclosed dog run with adjoining shed and a chook pen. The property has both good fencing and an electric solar gate for added convenience and security.
The extensive gardens include a Japanese Garden to enjoy from the rumpus room, other garden rooms to meander around feature Japanese Maples, Tulip Tree, Blueberry Ash, Golden Ash and Large Claret Ash providing plenty of shade.
The mini orchard/permaculture garden near the chook pen has an established fig tree, pomegranate, lemon tree, native salt bush, small native trees and spot for a vegie garden. A small potting shed/cubby surrounded by native mint and herbs. You can be assured of plenty of amazing bird life with water areas positioned to enjoy them all year round.
Combining a peaceful rural lifestyle with the convenience of township proximity, this is a truly remarkable property—one that must be seen to be fully appreciated. Book your inspection today and experience the beauty of 16 Station Street for yourself.
Disclaimer: All information provided has been obtained from sources we believe to be accurate; however, we cannot guarantee the information is accurate, and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own inquiries and obtain their own legal advice.
Listing description written by Carmen Christie, First National Real Estate Warragul — reproduced as published, not verified by Districts.
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