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VIC › Neerim South › Main Neerim Rd

1718 Main Neerim Rd, Neerim South VIC 3831

Rural Property

$784,000

Last sold

14 July 2016

5

Bedrooms

2

Bathrooms

2

Car spaces

26,304.567 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 $784,000 (14 July 2016).(Recorded sale)
  • FactLand 26,305 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Neerim South (last 5 years) with land size: median $25/m² of land (n=7). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  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

$784,000

14 July 2016 · 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.

See the full Neerim South report →

Vs Neerim South

+23.2%

Median sale

Suburb $636,320

-0.63 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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Sold$784,00014 July 2016
  2. Listedprice unknowncompleted15 June 2016
  3. Listedprice unknowncompleted15 June 2016

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 OBrien Real Estate Clark Warragul

EXEMPLARY COUNTRY LIFESTYLE PROPERTY ON APPROX. 6 1/2 ACRES

Situated only 18 kms from Warragul and less than 2 kms from the township of Neerim South is this rare and fine example of country living at its best. The superb and immaculately presented residence is set on approx. 6 1/2 beautiful acres and is only further enhanced by the stunning back-drop of the rich rolling hills famous to this part of Gippsland. The family residence is awash with natural light and some of the countless features, include: superbly crafted kitchen with Caesar stone bench tops plus huge butler's pantry, separate lounge room and open plan dining and family room which extends out to the undercover alfresco area perfect for lazy relaxed afternoons and entertaining family and friends. The accommodation is divided with the parent wing offering large study plus main bedroom with full ensuite featuring double vanity, shower, large spa bath and walk through his and hers robes. The family wing offers four generous bedrooms all with built in robes which share a rumpus room/kids retreat, beautifully appointed bathroom and laundry with an abundance of cupboard space. The home features double glazing and insulation throughout, centralized zoned ducted heating/refrigerated cooling and double lock up garage with internal access. Outside features include minimalist landscaped gardens, tree lined driveway, remote access entry gates, four newly fenced water fed paddocks and 16 x 9 colour bond shed with concrete floor including a separate workshop, power, water and internet cable, the ultimate MAN CAVE. Offering the ultimate in lifestyle with a fine balance of new age modernity plus superb practicality this property is both large enough for hobby farm enthusiasts whilst small enough to maintain.

Listing description written by Peter Clark, OBrien Real Estate Clark Warragul — reproduced as published, not verified by Districts.

Property features

  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Remote Garage
  • Shed
  • Solar Panels

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.

    For sale
  • 9 Burtonwood Ct, Neerim South VIC 3831

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

    For sale
  • 360 Jindivick Neerim South Rd, Neerim South VIC 3831

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

    For sale
  • 86 Mcdougal Rd, Neerim South VIC 3831

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

    For sale
Districts

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.