FOR SALE
$395,000

4/40-42 Main Neerim Road
Neerim South VIC 3831

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 124m2
Land area: 137m2
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Central Neerim South Location

This charming 2-bedroom unit in Neerim South is an excellent option for downsizers or investors. The location is ideal, offering easy access to Neerim South Medical Centre, Hospital, Shops and Local amenities. The unit features a low-maintenance backyard, perfect for those who want to enjoy outdoor space without the hassle of extensive upkeep. Whether you're looking to live in comfort or secure a smart rental investment, this property combines convenience and practicality.
Property Features:
2 Bedrooms: Both bedrooms feature a full wall of built in robes.
1 Bathroom: Includes a separate shower and bath, with a separate toilet for added convenience.
Parking: 1 carport space.
Land Size: 137 sqm block.
Kitchen: Equipped with an electric hotplate, oven, extractor fan, and a walk-in pantry.
Storage: Two linen cupboards provide ample storage space.
Climate Control: Fujitsu heating and cooling system.
Internet: Satellite NBN available.
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Property Details for 4/40-42 Main Neerim Rd, Neerim South

4/40-42 Main Neerim Rd, Neerim South is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 137m2 and floor size of 124m2. The place is currently for sale with EXP AUSTRALIA VIC.

Building Type
House
Floor Size
124m2
Land Size
137m2

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About Neerim South 3831

The size of Neerim South is approximately 63.9 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Neerim South in 2011 was 1,193 people. By 2016 the population was 1,302 showing a population growth of 9.1% in the area during that time. The predominant age group in Neerim South is 50-59 years. Households in Neerim South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Neerim South work in a professional occupation. In 2011, 81.5% of the homes in Neerim South were owner-occupied compared with 82.9% in 2016.

Neerim South has 964 properties. Over the last 5 years, Houses in Neerim South have seen a 49.53% increase in median value, while Units have seen a 56.84% increase. As at 31 October 2024:

  • The median value for Houses in Neerim South is $642,961 while the median value for Units is $494,721.
  • Houses have a median rent of $490.
There are currently 14 properties listed for sale, and no properties listed for rent in Neerim south on OnTheHouse. According to CoreLogic's data, 25 properties were sold in the past 12 months in Neerim south.

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