OFF MARKET

1 Railway Road
Neerim South VIC 3831

Bedrooms: 3
Bathrooms: 2
Car spaces: 6
Floor area: 129m2
Land area: 708m2
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Property Details for 1 Railway Rd, Neerim South

1 Railway Rd, Neerim South is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1970. The property has a land size of 708m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1970
Floor Size
129m2
Land Size
708m2
Local Government
Baw Baw
Lot/Plan
1/LP118593

Last Listing description (June 2016)

A fantastic opportunity to purchase a small acreage that has massive potential situated close to subdivisions in the heart of Neerim South. With superb views over some of the most picturesque country and having the convenience of being a short walk to town this property would have to be considered quite rare. Modern brick 4 bed 2 Bath residence with solar and large undercover carport that has access to Addison St as well as a private driveway from Railway parade. Fully self-contained bungalow and extensive shedding on the property including, 3 bay machinery shed, wine cellar, and ample undercover parking for a range of vehicles. Ample water including permanent creek and spring fed dam on the property plus large water tanks. There is so much to see inspection is a must. An exciting opportunity to place your stamp on a property.

Property History for 1 Railway Rd, Neerim South, VIC 3831

A timeline of how this property has performed in the market
Last Sold
$380,000
07 Sep 2021
  • 07 Sep 2021
    Sold for $380,000
  • 06 May 2016
    Listed for Sale $550,000
  • 01 Jun 1988
    Sold for $73,500
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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 969 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 16 properties listed for sale, and no properties listed for rent in Neerim south on OnTheHouse. According to CoreLogic's data, 26 properties were sold in the past 12 months in Neerim south.

Suburb Insights for Neerim South 3831

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.