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VIC › Neerim South › Main Neerim Rd

1625 Main Neerim Rd, Neerim South VIC 3831

Rural Property

$1,005,000

Last sold

16 Sept 2021

4

Bedrooms

1

Bathrooms

0

Car spaces

40,000 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,005,000 (16 Sept 2021).(Recorded sale)
  • FactLand 40,000 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Neerim South (last 5 years) with land size: median $66/m² of land (n=6). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK (TRZ2) under the ZN.(Vicmap Planning · 2 Sept 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 2 Sept 2026)
  • FactBUSHFIRE MANAGEMENT OVERLAY intersects 98.5% of this parcel.(Vicmap Planning · 2 Sept 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. 2BUSHFIRE MANAGEMENT OVERLAY affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  3. 3No 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

$1,005,000

16 Sept 2021 · derived via latest_sale

Local land rate: recorded Rural Property sales in Neerim South (last 5 years) with land size have a median of $66/m² of land (n=6). 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 →

Vs Neerim South

+57.9%

Median sale

Suburb $636,320

-1.22 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 and development

Planning scheme

ZN

Zone

TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK

TRZ2

Jurisdiction

Baw Baw

Baw Baw, VIC

Official property report

The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.

Planning overlays

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

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 2 Sept 2026
  • Version: 1
  • Parcel: 52430390

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

Detected — official

The official layer maps a bushfire risk zone on this parcel, intersecting about 98.5% of it (Vicmap Planning, retrieved 2 Sept 2026). Verify the extent against the title before relying on unaffected land.

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. Sold$1,005,00016 Sept 2021
  2. Listedprice unknowncompleted14 Apr 2021
  3. Listedprice unknowncompleted14 Apr 2021

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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 40,127 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. Official parcel about 40,127 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT 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

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. No recorded off-street parking — often a discount versus the suburb median for the same beds.

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 TRANSPORT ZONE 2 - PRINCIPAL ROAD NETWORK · TRZ2 (ZN). Official parcel area about 40,127 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

    Official parcel about 40,127 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; BUSHFIRE MANAGEMENT OVERLAY. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.

  • 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 Main Neerim Rd →

Listing material

Listed by Harcourts Warragul

ROSE HILL circa 1900

Be captivated by the beauty of this charming turn of the century 1900's residence set upon established acreage in the scenic township of Neerim South, West Gippsland. Three minutes from the centre of Neerim South, which features a Primary School, Secondary College, Medical Centre, Post Office, IGA and other amenities. Renovated to suit the modern lifestyle, however staying true to the character of the original build, this property is sure to stand the test of time with its timeless façade and fixtures. Upon entrance, the home welcomes with a gorgeous detailed pressed metal hallway with dado and pine lining the walls and ceiling. These original features are carried across all four bedrooms; the two largest rooms feature also original fireplaces with ornate mantelpieces. The kitchen is central in the home and provides plenty of bench space and storage, and leads up to the lounge area equipped with slow combustion fireplace and split system so all of your heating/cooling needs are catered for.

The lounge also features traditional double hung timber windows, with some of the most sensational views in the district of Jindivick, Bunyip state park and beyond!

Additional attributes of the home include a large open plan kitchen/family room, bathroom, powder room, downstairs rumpus room, laundry and a rear deck that overlooks the stunning panoramic backdrop of the glorious rolling farmland.

Read the full description

Outside the home there are established garden and lawn areas, numerous fruit trees, a rustic shed with a stain glass feature window, feed and tack area, sheep pens, and a swimming pool for the summer months. The approximately 10 acres are set up for horses with half the land featuring five strand electric and post and rail stallion fencing, a round yard, and day yards complete the picture. Approximately 1/2 of the property is gently undulating and the balance is steep. The property has previously ran sheep, cattle and horses.

Historic properties such as this rarely come on the market, so don't miss this opportunity to secure this rare, graceful gem! Town Water is connected to the property and garbage collection is also at the property.

Contact John Rowe on 0418 127 423 to arrange an inspection.

Listing description written by John Rowe, Harcourts Warragul — reproduced as published, not verified by Districts.

Also look at

Also for sale in Neerim South

  • 115 Main Neerim Rd, Neerim South VIC 3831

    1-bed other for sale. Asking $1.1M–$1.2M.

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  • 9 Burtonwood Ct, Neerim South VIC 3831

    4-bed house for sale. Asking $1.19M–$1.26M.

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  • 360 Jindivick Neerim South Rd, Neerim South VIC 3831

    4-bed house for sale. Asking $1.1M–$1.15M.

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  • 86 Mcdougal Rd, Neerim South VIC 3831

    3-bed rural property for sale. Asking $105K–$1.16M.

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

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