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 › Main Neerim Rd
$595,000
Last sold
22 Nov 2019
4
Bedrooms
3
Bathrooms
6
Car spaces
9,712 m²
Land
197 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
$595,000
22 Nov 2019 · derived via latest_sale
Local land rate: recorded Rural Property sales in Neerim South (last 5 years) with land size have a median of $25/m² of land (n=7). 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
-6.5%
Median sale
Suburb $636,320
+0.23 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 data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 amidst pristine farmland, boasting gorgeous country views, seemingly a world away from the hustle bustle of life is this exceptional approx. 2.4 acre lifestyle property. The homely 4 bedroom residence is a haven of comfort & space combining original features with modern amenities to create a warm hearted home.
Resting peacefully on the outskirts of the charming rural hamlet of Neerim South, the generous home offers a superb central bathroom, sleek modernised kitchen with stone benchtops plus separate dining room & living room. Additional living spaces include a second family room & massive rumpus, perfectively catering to your family’s needs!
Extended off the back off the home is the master suite & ensuite with a stunning rural outlook. An additional ensuite & WIR solely caters for bedroom 3 with the additional rooms serviced by the superb central bathroom! Further complimented by slanted timber ceilings, polished timber floors, original double sided fireplace, double glazing to the rear windows & 2 split system air conditioners, this charming home has it all!
Relax on the spacious rear deck or send the kids to play in the spacious enclosed yard. Additional external features include 3 separate paddocks, double carport & single garage plus side vehicle access to the large 6x9x3.6m powered shed. This exceptional property offers a beautiful family home in an idyllic rural environment with town conveniences at your fingertips.
Listing description written by Phil Gallagher, First National Real Estate Warragul — reproduced as published, not verified by Districts.
Also look at
115 Main Neerim Rd, Neerim South VIC 3831
1-bed other for sale. Asking $1.1M–$1.2M.
9 Burtonwood Ct, Neerim South VIC 3831
4-bed house for sale. Asking $1.19M–$1.26M.
360 Jindivick Neerim South Rd, Neerim South VIC 3831
4-bed house for sale. Asking $1.1M–$1.15M.
86 Mcdougal Rd, Neerim South VIC 3831
3-bed rural property for sale. Asking $105K–$1.16M.