OFF MARKET

4/40-42 Main Neerim Road
Neerim South VIC 3831

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 124m2
Land area: 137m2
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Property Details for 4/40-42 Main Neerim Rd, Neerim South

4/40-42 Main Neerim Rd, Neerim South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 137m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
Unit
Year Built
1980
Floor Size
124m2
Land Size
137m2
Local Government
Baw Baw
Lot/Plan
4/CS1466

Last Listing description (September 2024)

This charming 2-bedroom unit in Neerim South is an excellent option for downsizers or investors. The location is ideal, offering easy access to Neerim South Medical Centre, Hospital, Shops and Local amenities. The unit features a low-maintenance backyard, perfect for those who want to enjoy outdoor space without the hassle of extensive upkeep. Whether you're looking to live in comfort or secure a smart rental investment, this property combines convenience and practicality.

Property Features:

2 Bedrooms: Both bedrooms feature a full wall of built in robes.

1 Bathroom: Includes a separate shower and bath, with a separate toilet for added convenience.
Parking: 1 carport space.

Land Size: 137 sqm block.

Kitchen: Equipped with an electric hotplate, oven, extractor fan, and a walk-in pantry.

Storage: Two linen cupboards provide ample storage space.

Climate Control: Fujitsu heating and cooling system.

Internet: Satellite NBN available.

Backyard: A low-maintenance fenced backyard with gate access, a clothesline, and a small garden shed, perfect for those who enjoy outdoor space without the upkeep.

Tenanted: This property is currently leased month to month for $1,390 (PCM), Tennant is happy to stay but property is available with vacant possession if desired .

**Like Superman we always do everything in our power to provide you with up to date & accurate info on all our properties - however we highly recommend that you do your own due diligence by contacting all relevant shires & government departments, plus speak with your own advisors. Virtual Grass and Virtual Furniture has been used. Due Diligence Checklist put our by the government can be found here - https://www.consumer.vic.gov.au/duediligencechecklist(Baw Baw RE, eXp Australia, Ben Codling & all associated identities accept no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website.)

Property History for 4/40-42 Main Neerim Rd, Neerim South, VIC 3831

A timeline of how this property has performed in the market
Last Sold
$315,000
26 Feb 2022
Listed for Rent
$300/w
08 Apr 2022
  • 27 Aug 2024
    Listed for Sale $395,000
  • 30 Mar 2022
    Listed for Rent $300 / week
  • 26 Feb 2022
    Sold for $315,000
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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 963 properties. Over the last 5 years, Houses in Neerim South have seen a 30.81% increase in median value, while Units have seen a 46.07% increase. As at 31 July 2024:

  • The median value for Houses in Neerim South is $602,066 while the median value for Units is $492,018.
  • Houses have a median rent of $490.
There are currently 11 properties listed for sale, and no properties listed for rent in Neerim south on OnTheHouse. According to CoreLogic's data, 32 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.