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
$1,649,000
Last sold
15 July 2021
4
Bedrooms
2
Bathrooms
2
Car spaces
72,843.416 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$1,649,000
15 July 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 $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
+159.1%
Median sale
Suburb $636,320
-2.05 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 OBrien Real Estate Clark WarragulLocated in the scenic township of Neerim South just over an hour's drive from Melbourne and on route to the Baw Baw Ranges, this spectacular property on 18 acres (7.4ha) offers a fantastic rural lifestyle and a unique business opportunity to the discerning buyer. Offered for sale as a freehold and going concern, Vivere Retreat, one of the top rated venues in West Gippsland provides award winning accommodation, featuring a large double storey Cape Rod family residence, 3 well-appointed and completely self-contained accommodation options amidst beautifully landscaped gardens that provide elevated panoramic rural views. Close to wineries, restaurants and a range of outdoor activities, guests can enjoy doing everything or doing nothing as they relax and take it all in.
Main Residence
The Cape Cod style family home comprises over 32 squares of living area on 2 levels with stunning timber lined cathedral ceilings, open plan living zones including a corner office, sitting room and superb updated galley kitchen with stone benches and quality appliances. The ground floor master bedroom (WIR) and modern ensuite with spa bath is privately tucked away at the far end of the home while the upper level which boasts breathtaking vista views features 2 chalet style bedrooms, updated bathroom and study area. The options of wood heating and a total of 5 split system air conditioners make the home comfortable all year round.
Accommodation
The Cottage
Rustic appeal on 2 levels, this cabin style dwelling provides 2 large bedrooms, main bathroom with spa bath, kitchenette and wood heater.
The Studio
French Provincial style accommodation with 1 queen bed, spa bathroom, kitchenette and under cover balcony.
The Retreat
Award winning accommodation with modern industrial styling featuring 2 king sized bedrooms, 2 bathrooms (main with deep soaking bathtub accompanied by scenic views), kitchen, polished concrete floor, wood heater and sheltered patio area that captures extensive views of the property.
With unlimited potential to further expand the site and promote a successful and reputable business, Vivere Retreat presents a very rare and unique opportunity to experience a whole new lifestyle while indulging in Gippsland's thriving tourism industry. Call to arrange your private inspection today.
Listing description written by Daniel Sheehan, OBrien Real Estate Clark Warragul — reproduced as published, not verified by Districts.
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