181-187 Main Neerim Rd, Neerim South is a 4 bedroom, 2 bathroom House and was built in 1920. The property has a land size of 1042m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in December 2015.
This is an opportunity to look to the future..... this is the last chance to buy a commercial zoned property in the picturesque and growing town of Neerim South. A small country town renowned for its beautiful scenery, and that boasts a hospital,primary and secondary school, hotel, post office, swimming pool, sporting facilities, bakery,cafe's, butcher shop, hardware, fuel ...the list goes on. A convenient drive to the snowfields, fishing,horse riding, wineries etc.
Currently there is a 4br residence, that honestly needs lots of work, gas heating, gas cooking. Structurally sound, with hardiplank, concrete stumps, aluminium windows...amazing what a coat of paint both inside and out would do.... add a kitchen, add a bathroom, floorcoverings and heating..... an ideal project for the renovator!
The block measures 1019.6m2 and is a level block with commercial zoning.
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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