3 Addison Street

Neerim South VIC 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.