SOLD
Sold on 04 Dec 2023 for $515,000

144-148 Main Neerim Road
Neerim South VIC 3831

Bedrooms: 4
Bathrooms: -
Car spaces: 2
Floor area: 122m2
Land area: 737m2
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Property Details for 144-148 Main Neerim Rd, Neerim South

144-148 Main Neerim Rd, Neerim South is a 4 bedroom, 0 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 737m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Neerim South in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
122m2
Land Size
737m2
Local Government
Baw Baw
Lot/Plan
2/TP666402

Last Listing description (November 2023)

Offering a fantastic opportunity for an investor to capitalize on this unbeatable location! Positioned on a 737m2 allotment, there is great potential to transform this property into a commercial development (STCA) right in the heart of Neerim South.
- Located within the shopping district of Neerim South
- Commercially zoned

- Generous 737m2 corner allotment
A once in a lifetime opportunity has presented itself for you to purchase a potential development right in the heart of Neerim South's CBD!

Property History for 144-148 Main Neerim Rd, Neerim South, VIC 3831

A timeline of how this property has performed in the market
Last Sold
$515,000
04 Dec 2023
  • 04 Dec 2023
    Sold for $515,000
  • 15 Nov 2023
    Listed for Sale $480,000 - $520,000
  • 04 Feb 2017
    Sold for $245,000

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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.