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.
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.
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:
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