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VIC › Neerim South › Neerim East Rd

235 Neerim East Rd, Neerim South VIC 3831

Rural Property

3

Bedrooms

2

Bathrooms

4

Car spaces

1,274,759.773 m²

Land

179 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 1,274,760 m² against a 179 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • 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?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.
  • FactZoned FARMING ZONE (FZ) 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)

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. 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

No recorded sale price for this property yet.

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 →

Planning

Planning and development

Planning scheme

ZN

Zone

FARMING ZONE

FZ

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: 52428159

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. Soldprice unknown28 May 2026
  2. Listedprice unknowncompleted15 Nov 2024
  3. Listedprice unknowncompleted15 Nov 2024

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 FARMING ZONE · FZ (ZN). Official parcel area about 300,712 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 300,712 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

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned FARMING ZONE · FZ (ZN). Official parcel area about 300,712 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 300,712 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

    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 Neerim East Rd →

Listing material

Listed by Nutrien Harcourts Yarram

Templemore - a Prestige 315 Acre property

Welcome to Templemore, a prime 315-acre property featuring a brick 3-bedroom home set amidst a stunning rural landscape. As you approach along the beautiful tree-lined driveway you'll pass by the property's own serene lake, creating an idyllic first impression. Perfectly suited for productive grazing, this farm presents an incredible opportunity to expand an existing landholding or embark on a new agricultural journey. Located in one of the highest rainfall areas in Victoria, the property benefits from abundant water resources, making it ideal for high-yield farming. This exceptional land is ready for its new owners to make it their own.

Outdoor features

• 315 Acres / 127.47 Ha on 3 titles

Read the full description

• Excellent fertilizer history

• Grey loam soil

• Electric fencing

• Central laneways

• Stockyards with undercover crush

The water:

• Reticulated water supply for stock and domestic use from a 2nd dam

• Shady Creek traverses the property over all titles

• Tank water supply to the home

• Own recreational lake with jetty & cabin

Other Infrastructure:

• 3 Bay large garage

• 3 Bay machinery shed

• 10 x 6m Lock up shed (approx.)

• 1 Bay machinery shed

• Disused dairy

Homestead Features:

• 3 bedrooms with built in robes

• Open plan kitchen & dining

• 2 Lounge rooms 1 with open fire place

• Family bathroom, second shower room

• Internal laundry room heaps of storage

• Wrap around patio

• Beautiful low maintenance gardens with orchard

• Outdoor entertainment area

• Single car garage

Nestled within a breathtaking rural landscape, this property boasts sweeping views over lush, productive grazing land. It's an ideal haven for those dreaming of a peaceful country lifestyle or seeking to expand their farming operations. With 315 acres of rich, fertile ground, complete with well-kept paddocks and a dependable water supply, this land presents a wealth of opportunities for both seasoned farmers and newcomers alike.

Conveniently situated just 2.35km from Neerim South township and 25km from Warragul's shopping district, the property offers a perfect balance of tranquility and accessibility. Only 70km to the eastern suburbs of Melbourne, it delivers the ultimate blend of rural charm with city convenience, making it a truly exceptional find.

Contact Joe or Terry for more information

* Acreage is approximate only

* Boundary lines are indicative only

Listing description written by Terry Ginnane, Nutrien Harcourts Yarram — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

Also look at

Also for sale in Neerim South

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  • 360 Jindivick Neerim South Rd, Neerim South VIC 3831

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  • 237 Main Neerim Rd, Neerim South VIC 3831

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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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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.